Let it Snow
With the resort open wall to wall and more snow in the forecast Crested Butte is the place to be this February. Our $599 Fly - Ski - Stay program has been a huge success and this month we are hosting several groups from around the country: NYC Firefighters, Texas Ski Council and the Boston Ski and Sports Club.
Are you hankering for a mid-winter vacation? Click here to view the amazing travel specials available through Summit Travel for the month of February.
Thinking About Selling?
Have you been thinking about selling your Crested Butte property in this dynamic market? Our ideal office location, unparalleled marketing presence and close relationship with the other elements of Crested Butte Mountain Resort provide an advantage in this challenging market.
Stop by our office in the courtyard of Mountaineer Square to learn more about how we can help sell your property or call Trip Cunningham and Bo Stambaugh at 970-349-4999.
Lodge at Mountaineer Square - Unit 218
1 Bed | 1 Bath | 445 Sq. Ft
The Lodge, located in the heart of the action, is the landmark development representing an opportunity for turn-key living in Colorado’s last great ski town. With 21 sales in the Lodge over the past 9 months, this opportunity will not last.
Lodge 218 is the best priced residence in the building. With new appliances and upgrades, this studio offers a comfortable place for you to stay when you are here and the possibility of solid rentals when you are not. Please contact us to get in touch with property management on the details of the optional rental program.
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Real Estate Market Report
Last month we reported that the residential market seemed to be stabilizing. In January, this trend continued with the number of sales and total volume up 67% and 62% respectively year over year. Average sales price was down 2.8%.
Compared to other markets, Crested Butte’s prices dropped faster and farther. The upside is that the market cleared more distressed property and prices will likely level off while other markets experience higher levels of uncertainty.
Looking at what sold this January the majority of properties are in Mt. Crested Butte and are either high end single family homes or newer aggressively priced base area condos, specifically in The Lodge at Mountaineer Square. Considering the properties under contract in the north end of the valley, Mt. Crested Butte represents 87% of the dollar volume.
This market is dynamic and if you would like to stay on top of the latest opportunities, click here to subscribe to the Market Alerts which are sent out when very attractive properties become available.
New! Market Alerts
With the market showing signs of stabilization, it is becoming significantly more important to stay current on the latest deals in the Crested Butte real estate market. There haven’t been as many “steals” available of late; but when they are present, they tend to move quickly.
If you would like to join the mailing list, please click here.
The Tipple House - $2,950,000
MLS # 29179
104 Perry Creek - $189,000
MLS # 32331
30 Belleview - $3,375,000
MLS # 33685
The Lodge, 605 - $1,519,000
MLS # 33616
21 Winterset - $959,000
MLS # 33425
Elk Mountain Real Estate Review
Crested Butte Resort Real Estate is a full service real estate brokerage and can help you explore all of the properties listed here in the Elk Mountain Real Estate Review as well as any others that might meet your needs.
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The Crested Butte Mountain Club
See what people have to say about spending time in Crested Butte this winter as a Member of the Mountain Club.