Market Reports

January is generally a slower time for real estate sales in Crested Butte and 2020 was no different. Only 27 […]

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

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.