42 properties were sold in the Crested Butte and Gunnison areas in June of 2025, slightly more than 2023 but running below the 10 year average. Inventory remains limited, especially at moderate price points. Bidding wars still occasionally pop up for well priced properties at the aforementioned moderate ranges, while other properties may sit for quite some time. In some cases it seems like the sellers haven’t gotten the message that they can no longer make up any price they want to. The summer selling season is really just starting, so we will see where things end up in a couple of months, however. If you aren’t already receiving my monthly newsletters which include my market reports and community updates, please click the button below:
The following year over year graphs compare the previous 365 days with the same period one year ago (i.e. 6/30/2023 through 6/30/2024 versus the same period from 2024 to 2025). With such a small market (sample size) these numbers can jump around, so it’s worth comparing these graphs over a period of time. My Gunnison and Crested Butte real estate market report archives can be found on this page. If you are looking for other statistics, such as inventory, or a more specific neighborhood analysis, please Contact Me.
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- Crested Butte South: The “absorption rate” in CB South is under 6 months- an indication of a seller’s market in this popular neighborhood.
- Mount Crested Butte (All Residential): Sales in Mt CB increased slightly year over year. For condos only, see below:
- Mount Crested Butte (Condos/Townhomes):The condo market near the ski area feels slow right now, but the YoY data shows higher sales.
- Crested Butte: Sales volume is down in this area, perhaps due to the increasing regulations on short term rentals in downtown Crested Butte that don’t exist in other parts of the area.
- Crested Butte Area: This category includes neighborhoods such as Skyland, Larkspur, Riverbend, Meridian Lake and Trapper’s Crossing. This area continues to be a growing one- just drive through Buckhorn Ranch and look at all the new construction there.
- Gunnison: Sales are down slightly in Gunnison year over year, yet prices are up and days on market very short at 62- a sign of the limited inventory in Gunnison. This is a very competitive area to purchase property.
- Gunnison Area: This includes areas such as Dos Rios, Ohio Meadows, Cranor Hill, and Hartman Rocks. Prices in this area dropped, though it also remains a popular area.
- Total Residential Sales: This category covers our entire MLS area, including Lake City, Pitkin, Crested Butte, Gunnison, and points between.
- Land Sales (Upper valley from CB South through Mount Crested Butte): Vacant land continues to be a slow part of the local market, due to the high interest rates and high building costs. This is one market seegment where buyers will often have a number of choices and potentially have some negotiation room.
- Land Sales (Total): This category also covers our entire MLS area, including Almont, Lake City, Pitkin, Crested Butte, Gunnison, and other parts of the Crested Butte/Gunnison area. As mentioned above, land sales have trended lower in the past couple of years.
Crested Butte/ Gunnison Home Sales, June 2025:
Crested Butte/ Gunnison Land Sales, June 2025:
Source: Gunnison Country Association of Realtors’ MLS/ CREN. Reported sales not necessarily sold or listed by Frank Konsella and are intended only to show area trends.
