Category: Market Reports

Taking a year-to-date perspective, unit sales are down slightly (2%), while dollar volume is down slightly more, at 6.3%. As I’ve mentioned before, many buyers have turned to vacant land which has dropped the dollar volume (and if you look around today, you’ll see cranes everywhere, since many of those land buyers are now building homes).

The biggest news in Crested Butte real estate in the past month is the announcement that Vail now officially owns the resort. What changes will this bring? In the short term, Epic passes will likely bring increased skier visits to the resort. Long term, I’ll expect to see an increase in infrastructure investment and perhaps […]

Crested Butte real estate sales in August were very similar to 2017 (89 sales, $39.5M compared to 88 and $41.6M in 2017). Both years were far above those of most previous years. Demand remains high, though there continues to be a limited supply. For the second month in a row, active listings in the Mount […]

July sales in 2018 were up slightly over 2017 and previous years, and the dollar volume was up nearly 50%. Interestingly, the dollar volume was high even without any substantially high dollar transactions. In Mount Crested Butte, inventory dropped precipitously- perhaps as sellers sit on the sidelines awaiting the final news on Vail’s purchase on […]

Summer is in full swing here in Crested Butte, and as I look out my office right now, I see a steady stream of people enjoying Elk Avenue. We have had spectacular weather for days on end, though with fires throughout Colorado, we can certainly use some rain. 64 properties changed hands in the Crested […]