Crested Butte Market Report, Third Quarter 2020

Page 1


MT. CRESTED BUTTE Overall Mt. Crested Butte

SINGLE FAMILY HOMES 2019

2020

% Change

18

16

11%

$1,060,222

$1,144,669

8%

List to Sold Price Ratio

96%

94%

2%

Days on Market

200

183

9%

Number of Properties Sold

103 88 in 2019

Total Dollar Volume Sold

Sold Listings Average Sales Price

Total Dollar Volume Sold $19,084,000 $18,314,700

4%

$54,556,123 CONDOS & TOWNHOMES

2019: $55,713,074

Properties sold for

96% of list price

2019

2020

% Change

60

78

30%

$488,290

$415,116

15%

List to Sold Price Ratio

96%

97%

1%

Days on Market

145

151

4%

Sold Listings Average Sales Price

Total Dollar Volume Sold $29,297,375 $32,379,023

11%

Average Sales Price

$529,671

VACANT LAND 2019

2020

% Change

9

9

No Change

$795,189

$429,156

46%

List to Sold Price Ratio

66%

93%

27%

Days on Market

555

310

44%

$7,156,699

$3,862,400

46%

$633,103 in 2019 Sold Listings

Average Days on Market

170 198 in 2019 2

Average Sales Price

Total Dollar Volume Sold


CRESTED BUTTE Overall Crested Butte

SINGLE FAMILY HOMES 2019

2020

% Change

17

28

95%

$1,802,041

$1,467,099

19%

43

List to Sold Price Ratio

95%

96%

1%

34 in 2019

Days on Market

158

194

23%

Sold Listings Average Sales Price

Total Dollar Volume Sold $30,634,700 $41,078,775

34%

Number of Properties Sold

Total Dollar Volume Sold

$55,315,954 CONDOS & TOWNHOMES Sold Listings Average Sales Price List to Sold Price Ratio Days on Market Total Dollar Volume Sold

2019: $45,449,551

2019

2020

% Change

6

6

No Change

$342,500

$733,780

114%

95%

97%

2%

96%

78

125

60%

of list price

$2,055,000

$4,402,679

114%

Properties sold for

Average Sales Price

$1,286,418

VACANT LAND 2019

2020

% Change

6

8

33%

$1,001,475

$1,115,563

11%

List to Sold Price Ratio

90%

95%

5%

Days on Market

206

191

7%

183

$6,008,851

$8,924,500

49%

161 in 2019

Sold Listings Average Sales Price

Total Dollar Volume Sold

$1,336,752 in 2019

Average Days on Market

3


LUXURY HOME MARKET

3 Forest Lane | Mt. CB

802 Belleview Ave | Town of CB

Listed by Coldwell Banker Mountain Properties

Listed by Coldwell Banker Mountain Properties

Sold by LIV Sotheby’s International Realty

Sold by Coldwell Banker Mountain Properties

644 Sunset Drive | Rural CB

66 Red Mountain Ranch | Rural CB

Listed By Coldwell Banker Mountain Properties

4

Listed by Coldwell Banker Mountain Properties


UPPER VALLEY STATISTICS

Number of Properties Sold

Properties sold for

285

94%

236 in 2019

of list price

Average Sales Price

$754,644 $700,453 in 2019

Total Dollar Volume Sold

$215,073,427 2019: $165,307,025

Average Days on Market

208 184 in 2019

5


RURAL CRESTED BUTTE Overall Rural CB

SINGLE FAMILY HOMES 2019

2020

% Change

16

34

112%

$1,326,750

$1,719,293

30%

List to Sold Price Ratio

94%

88%

6%

Days on Market

255

233

9%

Number of Properties Sold

84 60 in 2019

Total Dollar Volume Sold

Sold Listings Average Sales Price

Total Dollar Volume Sold $21,228,000 $58,455,950

175%

$82,970,950 CONDOS & TOWNHOMES

2019: $40,152,600

Properties sold for

90% of list price

2019

2020

% Change

10

19

90%

$555,750

$733,013

32%

List to Sold Price Ratio

98%

98%

No Change

Days on Market

120

135

13%

$5,557,500

$13,927,250

151%

Sold Listings Average Sales Price

Total Dollar Volume Sold

Average Sales Price

$987,749

VACANT LAND 2019

2020

% Change

33

30

9%

$388,397

$346,725

11%

List to Sold Price Ratio

95%

93%

2%

Days on Market

230

306

33%

$669,210 in 2019 Sold Listings

Average Days on Market

239 220 in 2019 6

Average Sales Price

Total Dollar Volume Sold $12,817,100 $10,401,750

19%


CRESTED BUTTE SOUTH Overall CB South

SINGLE FAMILY HOMES 2019

2020

% Change

13

11

15%

$707,923

$744,818

5%

33

List to Sold Price Ratio

97%

99%

2%

47 in 2019

Days on Market

154

179

16%

$9,203,000

$8,193,000

11%

Sold Listings Average Sales Price

Total Dollar Volume Sold

Number of Properties Sold

Total Dollar Volume Sold

$13,887,800 CONDOS & TOWNHOMES

2019: $17,858,300

2019

2020

% Change

12

10

17%

$429,617

$437,480

2%

List to Sold Price Ratio

97%

98%

1%

97%

Days on Market

166

209

26%

of list price

$5,155,400

$4,374,800

15%

Sold Listings Average Sales Price

Total Dollar Volume Sold

Properties sold for

Average Sales Price

$420,842

VACANT LAND 2019

2020

% Change

19

12

37%

$156,179

$110,000

30%

List to Sold Price Ratio

96%

88%

8%

Days on Market

112

327

192%

242

$2,967,400

$1,320,000

56%

134 in 2019

Sold Listings Average Sales Price

Total Dollar Volume Sold

$379,964 in 2019

Average Days on Market

7


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