Crested Butte Quarterly Market Report

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MIDYEAR 2023

Quarterly Market Report

CRESTED BUTTE, COLORADO

Crested Butte AT A GLANCE Median Sold Price $658,000 12.6% Properties Sold 141 -46.1% Average Days on Market 129 23.3% Average Price per Sq. Ft. $504 -6.9% % Sold Price, to List Price 97.0% -3.1% Jan - June 2023 % Change Almont, Crested Butte, Crested Butte South, Crested Butte Rural, Kebler, Mt Crested Butte YTD 2022 vs 2023

Sales Volume - 40.2% 2022 vs 2023 % Change

$128,625,320

$8,500,000 Highest Sold Price

January - June 2023 | 3 Based on data from the Gunnison – Crested Butte Association of REALTORS® MLS, Colorado Real Estate Network (CREN) (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. July 2022 - June 2023 AVERAGE DAYS ON MARKET Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 91 93 80 124 148 177 136 118 184 91 151 143 July 2022 - June 2023 TOTAL SALES VOLUME Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $10M $15M $20M $25M $10M $6M $10M $11M $32M $9M $13M $29M $28M $23M $30M July 2022 - June 2023 MEDIAN SOLD PRICE Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $500k $750k $1.0M $1.25M $1.5M
Total
Jun $43M $36M

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.

January - June 2023 | 5 Town of Crested Butte 6 $1,657,500 122 Mt. Crested Butte 32 $968,573 108 Rural Crested Butte 11 $1,690,000 147 Scan for Community Data Properties Sold Median Sold Price Average Days on Market Scan for Live Data

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