Q3 2023 Market Report - Crested Butte

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Q3 2023

Quarterly Market Report

CRESTED BUTTE, COLORADO

Crested Butte AT A GLANCE Median Sold Price $750,000 20.0% Properties Sold 287 -17.8% Average Days on Market 136 30.1% Average Price per Sq. Ft. $542 -0.9% % Sold Price, to List Price 97.0% -2.1% Almont, Crested Butte, Crested Butte South, Crested Butte Rural, Kebler, Mt Crested Butte Jan - Sept 2023 % Change YTD 2022 vs 2023

Sales Volume - 2.3% 2022 vs 2023 % Change

$292,692,518

$10,000,000 Highest Sold Price

January - September 2023 | 3 Based on data from the Gunnison – Crested Butte Association of REALTORS® MLS, Colorado Real Estate Network (CREN) for the period January 1st, 2023 - September 30th, 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. October 2022 - September 2023 AVERAGE DAYS ON MARKET Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 91 120 155 106 108 182 130 134 152 October 2022 - September 2023 TOTAL SALES VOLUME Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $20M $30M $40M $50M $17M $11M $16M $23M $47M $13M $15M $34M $60M October 2022 - September 2023 MEDIAN SOLD PRICE Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $400k $500k $600k $700k $800k
Total
Jun $52M 161 84 166 $37M $59M $68M

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 - September 2023 | 5 Town of Crested Butte 14 $1,775,000 132 Mt. Crested Butte 67 $837,500 128 Rural Crested Butte 67 $925,000 174 Learn More Learn More Properties Sold Median Sold Price Average Days on Market Click for Live Data Click for Community Data Learn More N/A

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