MT. CRESTED BUTTE Overall Mt. Crested Butte
SINGLE FAMILY HOMES 2020
2021
% Change
5
10
100%
$927,540
$1,522,900
64%
List to Sold Price Ratio
95%
98%
3%
Days on Market
114
134
18%
$4,637,700
$15,229,000
228%
Number of Properties Sold
78 34 in 2020
Total Dollar Volume Sold
Sold Listings Average Sales Price
Total Dollar Volume Sold
$52,794,950 CONDOS & TOWNHOMES
2020: $15,574,173
Properties sold for
96% of list price
2020
2021
% Change
27
47
74%
$388,388
$574,975
48%
List to Sold Price Ratio
97%
97%
No Change
Days on Market
158
178
13%
Sold Listings Average Sales Price
Total Dollar Volume Sold $10,486,473 $27,023,950
158%
Average Sales Price
$676,858
VACANT LAND 2020
2021
% Change
2
21
950%
$225,000
$502,000
123%
List to Sold Price Ratio
92%
92%
No Change
Days on Market
252
2260
797%
$450,000
$10,542,000
2243%
$458,064 in 2020 Sold Listings
Average Days on Market
733 157 in 2020 2
Average Sales Price
Total Dollar Volume Sold
CRESTED BUTTE Overall Crested Butte
SINGLE FAMILY HOMES 2020
2021
% Change
5
8
60%
$1,826,630
$1,434,875
21%
22
List to Sold Price Ratio
93%
96%
3%
7 in 2020
Days on Market
199
179
10%
$9,113,150
$11,479,000
26%
Sold Listings Average Sales Price
Total Dollar Volume Sold
Number of Properties Sold
Total Dollar Volume Sold
$29,973,900 CONDOS & TOWNHOMES
2020: $10,780,150
2020
2021
% Change
2
5
150%
$823,500
$2,775,900
237%
List to Sold Price Ratio
97%
103%
6%
97%
Days on Market
101
245
143%
of list price
$1,647,000
$2,775,900
69%
Sold Listings Average Sales Price
Total Dollar Volume Sold
Properties sold for
Average Sales Price
$1,362,450
VACANT LAND 2020
2021
% Change
—
6
—%
Average Sales Price
$—
$1,769,833
—%
List to Sold Price Ratio
—%
99%
—%
—
407
—%
291
$—
$10,619,000
—%
171 in 2020
Sold Listings
Days on Market
Total Dollar Volume Sold
$1,540,021 in 2020
Average Days on Market
3
LUXURY HOME MARKET
1021 McCormick Ranch Road | Rural CB
701 Forest Lane | Rural CB
Listed by LIV Sotheby’s International Realty
Listed by Coldwell Banker Mountain Properties
Sold by Coldwell Banker Mountain Properties
Sold by Coldwell Banker Mountain Properties
644 Sunset Drive | Rural CB
WestWall Lodge Unit A403 | Mt. CB
Listed By Coldwell Banker Mountain Properties
4
Listed by Coldwell Banker Mountain Properties
UPPER VALLEY STATISTICS
Number of Properties Sold
Properties sold for
175
97%
69 in 2020
of list price
Average Sales Price
$785,059 $661,889 in 2020
Total Dollar Volume Sold
$137,385,350 2020: $45,670,323
Average Days on Market
461 187 in 2020
5
RURAL CRESTED BUTTE Overall Rural CB
SINGLE FAMILY HOMES 2020
2021
% Change
4
13
225%
$2,168,750
$1,724,615
20%
List to Sold Price Ratio
63%
96%
33%
Days on Market
291
165
43%
$8,675,000
$22,420,000
158%
Number of Properties Sold
55 14 in 2020
Total Dollar Volume Sold
Sold Listings Average Sales Price
Total Dollar Volume Sold
$40,860,000 CONDOS & TOWNHOMES
2020: $12,828,000
Properties sold for
97% of list price
2020
2021
% Change
3
11
267%
$760,000
$558,000
27%
List to Sold Price Ratio
99%
99%
No Change
Days on Market
122
184
51%
$2,280,000
$6,138,000
169%
Sold Listings Average Sales Price
Total Dollar Volume Sold
Average Sales Price
$742,909
VACANT LAND 2020
2021
% Change
6
31
417%
$281,167
$396,839
41%
List to Sold Price Ratio
96%
97%
1%
Days on Market
181
274
51%
$1,687,000
$12,302,000
629%
$916,286 in 2020 Sold Listings
Average Days on Market
230 214 in 2020 6
Average Sales Price
Total Dollar Volume Sold
CRESTED BUTTE SOUTH Overall CB South
SINGLE FAMILY HOMES Sold Listings Average Sales Price List to Sold Price Ratio
Days on Market Total Dollar Volume Sold
2020
2021
% Change
2
4
100%
$747,500
$882,500
18%
13
100%
98%
2%
7 in 2020
232
58
75%
$1,495,000
$3,530,000
136%
Number of Properties Sold
Total Dollar Volume Sold
$5,482,000 CONDOS & TOWNHOMES Sold Listings Average Sales Price List to Sold Price Ratio Days on Market Total Dollar Volume Sold
2020: $2,955,000
2020
2021
% Change
2
—
—%
$550,000
$—
—%
99%
—%
—%
97%
98
—
—%
of list price
$1,100,000
$—
—%
Properties sold for
Average Sales Price
$421,692
VACANT LAND 2020
2021
% Change
3
9
200%
$120,000
$246,889
106%
List to Sold Price Ratio
89%
96%
7%
Days on Market
283
268
5%
203
$360,000
$1,952,000
442%
215 in 2020
Sold Listings Average Sales Price
Total Dollar Volume Sold
$422,143 in 2020
Average Days on Market
7
When Experience Counts When it’s time to buy or sell real estate in Crested Butte and Gunnison, the most important decision is to find the right broker to be your guide. We’ve been here over three decades—this is the place where our brokers work, play, and call home.
WITH THE MOST EXPERIENCE AND LOCAL MARKET KNOWLEDGE, LET OUR TEAM BE YOUR LOCAL REAL ESTATE GUIDE.
CRESTED BUTTE OFFICE 215 Elk Avenue 970.349.5007 www.crestedbutte.realestate
GUNNISON OFFICE 121 W. Virginia Avenue 970.641.7055 www.gunnison.realestate