Two Mount Crested Butte properties of high interest are under contract that bear watching for their development value. One is located at the Snodgrass trailhead, and was known as the “North Village”. The other is located in the upper reaches of the Prospect neighborhood, near the top of the Prospect chairlift.
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
Crested Butte real estate sales in August were very similar to 2017 (89 sales, $39.5M compared to 88 and $41.6M
July sales in 2018 were up slightly over 2017 and previous years, and the dollar volume was up nearly 50%.