CRESTED BUTTE & GUNNISON
Quarterly Report
Q3: JUly - SEpTEmBER 2013
TaBlE Of CONTENTS Real Estate Market Update ............................................................. 3 Single Family Market Info ............................................................ 4 - 5 Area Map .............................................................................................. 6 Condo and Townhome Market Info .............................................7 Land Market Info ............................................................................ 8 - 9 ..................................................................................10 Benson Sotheby’s International Realty Update ........................... 11 ......................................................................................... 12
Total Sales Volume YTD in Gunnison County
Million
Million
QUICk HITS $107.8 $135.9 257 381 145% 141%
Total Sales Volume YTD in Upper Valley
YTD in Gunnison County
YTD in Upper Valley
last year YTD in Gunnison County
last year YTD in Upper Valley
2 | 401 Elk Avenue | 970.349.6653
REal ESTaTE maRkET UpDaTE
quarters has already surpassed the entire year of 2012. -
of Crested Butte as the only area with strong numbers throughout.
January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$284,750
$250,000
$388,314
$419,483
398
320
$4,000,000
$4,250,000
$7,800
$4,000
192
257
87.8%
92.0%
$74,556,368
$107,807,141
All Properties in Crested Butte, Mt. Crested Butte, Rural Crested Butte, CB South and Allmont
BensonSothebysRealty.com | 3
SINGlE famIly maRkET INfO TOwN Of CRESTED BUTTE - SINGlE famIly HOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$512,500 $643,796 348 $1,900,000 $95,000 22 93.5% $14,163,513
$681,375 $800,208 390 $1,900,000 $210,000 18 95.5% $14,403,755
mT. CRESTED BUTTE - SINGlE famIly HOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$650,000 $860,063 395 $4,000,000 $310,000 15 89.6% $12,900,950
$850,000 $1,103,390 332 $4,250,000 $280,000 17 90.8% $18,757,630
RURal CRESTED BUTTE - SINGlE famIly HOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
4 | 401 Elk Avenue | 970.349.6653
2012
2013
$482,500 $729,105 331 $2,475,000 $151,000 18 86.3% $13,123,900
$530,000 $821,828 327 $3,700,000 $165,000 35 91.1% $28,764,000
SINGlE famIly maRkET INfO CRESTED BUTTE SOUTH - SINGlE famIly HOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$334,250 $349,525 198 $648,500 $200,000 12 95.9% $4,194,300
$350,000 $376,223 137 $589,000 $299,000 13 96.1% $4,890,900
RURal GUNNISON aND SURROUNDING - SINGlE famIly HOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$224,607 $234,430 322 $450,000 $54,000 51 92.5% $11,955,932
$221,000 $296,715 265 $1,675,000 $72,000 50 93.2% $14,835,773
TOwN Of GUNNISON - SINGlE famIly HOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$170,750 $175,620 196 $250,000 $60,000 20 95.4% $3,512,400
$235,000 $257,634 216 $450,000 $143,500 29 97.0% $7,471,400
BensonSothebysRealty.com | 5
aREa map Meridian Lake Park
Skyland Trappers Crossing
Crested Butte South
6 | 401 Elk Avenue | 970.349.6653
CONDO maRkET INfO TOwN CRESTED BUTTE - CONDOS aND TOwNHOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$232,500 $265,666 349 $425,000 $150,000 6 92.1% $1,594,000
$282,000 $238,532 163 $368,508 $62,281 9 95.1% $2,146,789
mT. CRESTED BUTTE - CONDOS aND TOwNHOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$222,000 $222,360 319 $1,030,000 $50,000 48 87.9% $10,673,300
$186,100 $257,750 351 $932,500 $43,000 67 92.6% $17,269,281
RURal CRESTED BUTTE aND GUNNISON aREaS - CONDOS aND TOwNHOmES January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$222,500 $277,629 325 $755,000 $39,500 24 91.3% $6,663,105
$192,900 $222,746 208 $750,000 $49,900 41 93.2% $9,132,600
BensonSothebysRealty.com | 7
laND maRkET INfO TOwN Of CRESTED BUTTE - RESIDENTIal lOTS January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$363,000 $407,750 226 $580,000 $325,000 4 92.3% $1,631,000
$571,500 $631,642 305 $1,250,000 $85,000 7 92.0% $4,421,500
mT. CRESTED BUTTE - RESIDENTIal lOTS January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$206,500 $238,637 734 $625,000 $80,000 16 69.8% $3,818,200
$136,000 $141,050 447 $325,000 $30,000 10 89.3% $1,410,500
RURal CRESTED BUTTE - all lOTS aND laND January through September Average Price Highest Price Properties Sold Total Volume Sold
8 | 401 Elk Avenue | 970.349.6653
2012
2013
$140,000 $209,909 371 $775,000 $27,500 11 78.6% $2,309,000
$115,043 $174,692 422 $1,150,000 $25,500 28 87.0% $4,891,386
laND maRkET INfO CRESTED BUTTE SOUTH - RESIDENTIal lOTS January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$39,000 $48,071 1,170 $88,000 $25,000 7 70.6% $336,500
$28,500 $35,958 611 $63,750 $20,000 6 86.9% $215,750
RURal GUNNISON - all lOTS aND laND January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$70,000 $216,442 493 $2,300,000 $5,000 21 87.1% $4,545,300
$70,000 $79,614 420 $290,000 $8,500 17 91.6% $1,353,450
GUNNISON COUNTy - all 11 aCRE aND OvER paRCElS January through September Average Price Highest Price Properties Sold Total Volume Sold
2012
2013
$100,000 $138,928 481 $400,000 $5,000 7 92.8% $972,500
$144,000 $263,086 307 $1,150,000 $35,000 11 85.7% $2,893,950
BensonSothebysRealty.com | 9
SIGNIfICaNT SalES IN Q3 11 GlaCIER lIly way | mT. CRESTED BUTTE
4 pEakvIEw DRIvE | mT. CRESTED BUTTE
Listed and Sold by Coldwell Banker Bighorn Realty
Listed by Benson Sotheby’s International Realty Sold by Coldwell Banker Bighorn Realty
359 OlD COTTONwOOD laNE | GUNNISON
15535 HIGHway 135 | CRESTED BUTTE
Listed by Keller Williams Realty Sold by Crested Butte Resort Real Estate
Listed by Benson Sotheby’s International Realty Sold by Keller Williams Realty
1 TREaSURy HIll ROaD | CRESTED BUTTE
2200 EaGlE HIll ROaD | GUNNISON
Listed by Benson Sotheby’s International Realty Sold by Coldwell Banker Bighorn Realty
Listed by Benson Sotheby’s International Realty Sold by Mindy Costanzo, IB
29 SUmmIT ROaD | mT. CRESTED BUTTE
481 RESERvOIR ROaD | CRESTED BUTTE
Listed and Sold by Coldwell Banker Bighorn Realty
Listed and Sold by Keller Williams Realty
SOlD fOR $1,395,000
SOlD fOR $1,500,000
SOlD fOR $1,560,000
SOlD fOR $2,100,000
10 | 401 Elk Avenue | 970.349.6653
SOlD fOR $1,483,630
SOlD fOR $1,550,000
SOlD fOR $1,675,000
SOlD fOR $3,700,000
BENSON SOTHEBy’S INTERNaTIONal REalTy UpDaTE • the entire year of 2012 • Through 3 quarters we are the leading real estate brokerage in Crested Butte by $11 million •
• Sotheby’s International Realty listings •
•
All data was pulled from the Gunnison County Association of Realtors MLS. Verify with a local Realtor. All information is deemed reliable but not guaranteed. Each office is independently owned and operated.
BensonSothebysRealty.com | 11
Contact Us Cathy Benson 970.209.5015
Sam Lumb
970.275.2448
Corey Dwan
970.596.3228
Jaima Giles
970.275.9357
Katy Mattson 970.275.4601
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Kiley Flint
970.596.3219
970.209.2421
970.275.2554
Karen Redden
Megan Clark
Larry Neilson
970.275.0595
970.209.5943
Jamie Watt
970.209.3537
970.209.2675
970.209.7849
970.349.6653
BensonSothebysRealty.com