CRESTED BUTTE LUXURY MARKET

Crested Butte offers world-class mountain biking, downhill skiing, and Nordic skiing just minutes from its charming town center. Kebler Pass, which is located seven miles from the Town of Crested Butte, is home to the world’s largest Aspen grove which offers stunning colors for photographers during the fall foliage season. Homebuyers in this area enjoy a variety of styles of luxury homes, many of which have million-dollar mountain views and access to wilderness. The communities within Gunnison County saw a 37.6% decrease in the number of luxury properties sold in 2022, when compared to 2021. The average sale price of luxury homes in the area increased 2% to $3,634,637 while the average price per square foot throughout the county notched up 2.3% to $962.

Crested Butte

Rural Crested Butte had a 31.6% increase in the highest priced property, from $5,600,000 to $7,400,000 million. The average sale price in this area increased by 8.4% from $2.9 million to $3,200,000, and the average days on market was 126, down from 177 days in 2021.

The Town of Crested Butte, known for its pedestrianfriendly downtown and local shops and restaurants, saw the price per square foot increase 33% from $1,114 to $1,485. The highest priced property was $5,100,000, compared to $4,600,000 in 2021.

Mt. Crested Butte had a 27.7% increase in average price per square foot, from $687 to $877. The average days market was 134, down slightly from 138 in 2021.

23.3%

The average sale price in the Town of Crested Butte increased by 23.3% in 2022 compared to that of 2021.

The average number of days on market in Rural Crested Butte decreased by 28.8% in 2022 compared to that of 2021.