YEAR-END 2023
Quarterly Market Report C R EST E D BU T T E , CO LO RA D O
AT A G L A N C E
Crested Butte
Jan - Dec
2023
% Change YTD 2022 vs 2023
Median Sold Price
$761,700
20.9%
Properties Sold
376
-13.0%
Average Days on Market
147
44.1%
Average Price per Sq. Ft.
$557
-0.9%
% Sold Price, to List Price
97
-1.0%
Data based on sales in Almont, Crested Butte, Crested Butte South, Crested Butte Rural, Kebler, Mount Crested Butte, all residential properties.
2 | livsothebysrealty.com
MEDIAN SOLD PRICE January - December 2023
Total Sales Volume
$403,046,402
$1M $850k $700k $550k
2022 vs 2023 % Change
$400k
+ 0.3%
Jan Feb Mar Apr May Jun
Jul
Aug Sep Oct Nov Dec
AV E R AG E DAYS O N M A R K E T January - December 2023
197 182 152 130
166
161
Aug
Sep
169
170
Nov
Dec
134
108
Jan
Feb
Mar
Apr
May
91
84
Jun
Jul
Oct
TOTA L SA L ES VO LU M E January - December 2023 $60M $50M $40M $30M
Jan Feb Mar Apr May Jun Jul
$17M
$36M
$58M
$68M
$59M
$37M
$47M
$16M
$11M
$17M
$10,000,000
$13M
Highest Sold Price
$23M
$20M
Aug Sep Oct Nov Dec
Based on data from the Gunnison – Crested Butte Association of REALTORS® MLS, Colorado Real Estate Network (CREN) for the period January 1st, 2023 - December 31st, 2023 (Powered by LiveBy). Verify with a local REALTOR®. All information is deemed reliable but not guaranteed. Data maintained by CREN MLS may not reflect all real estate activity in the market.
January - December 2023 | 3
Crested Butte The Town of Crested Butte is located at the foot of the Elk Mountains, situated in the heart of Gunnison County. Renowned for its winter activities, including skiing, Crested Butte is a year-round destination offering an abundance of outdoor recreation in the summer with hundreds of miles of single-track trails, beckoning bikers, hikers, and riders. This charming mountain community offers spectacular views and a vibrant town center, all complemented by an amazing array of outdoor activities, restaurants, and shops for those looking to revel in what’s next.
4 | livsothebysrealty.com
Properties Sold
Median Sold Price
Average Days on Market
Town of Crested Butte
26
$1,876,125
196
Live Data
Mt. Crested Butte
81
$774,500
145
Live Data
Rural Crested Butte
55
$1,580,000
185
N/A
Learn More
Click for Live Data
Click for Community Data
January - December 2023 | 5
Envision what’s next.
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