Q4 2023 Market Report - Crested Butte

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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