Category: Market Reports

For the first time in several months, sales in December 2019 were higher than the previous year. In the Gunnison/ Crested Butte area, there were 49 sales totaling $35.9 Million, compared to 37 sales last year and a total of $19.6 Million. For the year, sales transactions were down 18%, although dollar volume was up slightly, at 1% for the year thanks to the strong December finish.

November 2019 real estate sales in the Crested Butte and Gunnison area totaled $29.6 Million and 46 transactions. Last year during the same time frame, there were 64 transactions totaling $34.8 Million. This has been the trend throughout 2019- fewer transactions but higher sales prices. Higher prices and limited inventory at certain price points are […]

Despite the rising prices, however, buyers have been successful with negotiations in the Crested Butte area. The vast majority of sales have been below asking price, and I could not find a single one for above asking price.

September 2019 sales in the Crested Butte-Gunnison area totaled $31.4M dollars, a slight decrease from last year’s $31.8M. As we’ve seen for the past few months, however, the total number of sales were down- just 56 transactions last month compared to 75 the year before.

Simply put, prices continue to rise in the Crested Butte and Gunnison areas, and I see no reason to believe that that trend won’t continue for the foreseeable future due to continued high demand but low inventory of homes available.