Crested Butte Real Estate Market Report
March 2023 + Outlook
It was great to get out and catch my first trout of the season – I worked hard for this beautiful brown trout! All the snow should provide a healthy amount of water for our rivers, streams and reservoirs!
Once the lifts stop spinning I really look forward to summer and getting to enjoy fly fishing, golf, mountain biking, hiking and all the festivities and events.
Francene and I will visit my dad in Florida – then off to Curacao for some warm Caribbean island time and SCUBA diving…
Crested Butte Real Estate Market – Transactions Down – Prices Stabilize
The backdrop of the economy has continued to affect overall number of transactions and volume. There is less inventory – and certainly very little inventory of quality below the $1.5M range for single family homes. We still see some condo options below $1M and even land has see a slowdown in overall transactions – perhaps because many buyers see up to 3 years to complete the home design, construction project.
Sold Results For the past 12 months:
- There were 296 total properties sold, 76 of those being single family homes sold, and total volume of all properties sold for all areas was $338,518,674.
- The average sold price for single family homes was $2,273,000.
- Condos & Townhomes – there were 150 sold, and an Average Sold Price of $771,318.
- In Downtown Crested Butte the number of Single Family homes sold was 12, at a median sold price of $3,000,000. The median sold price per square foot was $1,287.
Single Family home sales in Mt. Crested Butte had a median sold price of $1,620,000, and Median - Sold Price Per Square foot was $670.
- Skyland home sales – median sold price of $2,532,000, and Median Sold Price per Square foot at $831.
- Rural Crested Butte – 34 homes sold, Median Sold Price $2,365,000. Median Sold Price Per Square Foot at $790.
- CB South 13 total homes sold, Median Sold Price $1,200,000, Median Sold Price per Square foot $628.
- Land sales – there were a total of 69 transactions with an Median Sold Price of $495,000.
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Curious about what your home is worth, or want to be prepared for the summer buying season – contact me today.
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Click the red button to see “the big picture and all the details” of the Crested Butte Real Estate Market.
I hope you enjoy the new format of this Crested Butte Real Estate Market Report March 2023 + Outlook
Thanks,
Chris Kopf
email: Chris.Kopf@CBMP.com
call or text me: (970) 209-5405
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Crested Butte Real Estate Market Report (40 Detailed Pages).
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.Crested Butte Real Estate Market Report March 2023
Transactions & Median Sales Price
Prior 5 Years by Quarter
Crested Butte Real Estate Market Snapshot
All Single Family Homes By Price Range (Quartiles)
Downtown Crested Butte Single Family Home Sales
There have been 12 Single Family Homes Sold in the past 12 months in Downtown Crested Butte – see more info and the Results for All other Areas in the Full Crested Butte Market Report.
Mt. Crested Butte Single Family Home Sales
There have been 14 Single Family Homes Sold in the past 12 months in Mt. Crested Butte – see more info and the Results for All other Areas in the Full Crested Butte Market Report.
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Crested Butte Condos and Townhomes
There have been 1580Condos & Townhomes Sold in the past 12 months in the Crested Butte area.
CRESTED BUTTE MARKET REPORT DETAIL PAGES
Fly fishing here in the Crested Butte area is my passion. I have learned that there are hundreds of detailed skills needed in order to successfully present a fly to a trout in moving water, to hook a trout when he so subtly strikes, and then to successfully net, handle and safely release a trout back into the river or stream.
The trout I am holding in the photo is a very rare Palomino trout caught in the summer of 2022 on the East River here in Crested Butte.
The detail pages in my report include charts and graphs that will provide you with perspective on the patterns and trends for Single Family Homes in each geographic area. You will also see details for additional property types – Condos & Townhomes, and Land for the entire Crested Butte area.
I have had many clients that have complimented me on the level of detail in the following pages – especially when they were strongly considering buying or selling.
The level of detail in this report is representative of what you can expect from me as your Real Estate Agent.
I have helped hundreds of clients to buy and sell their homes and land in the Crested Butte area.
I appreciate the opportunity to earn your business as well.
This Crested Butte Real Estate Market Report has over 40 detailed pages – Download Your Copy HERE
- How is the Luxury Crested Butte Real Estate Market?
- See Breakdown of Single Family Homes Sold by Different Areas, Condos & Townhomes, Land…
- What is For Sale… and more!
- Get Your Copy of Crested Butte Real Estate Market Report February 2023 + Outlook
Helping You Make Informed Decisions Regarding Crested Butte Real Estate
I produce this monthly Crested Butte Real Estate report to provide You with a high level overview by looking at the patterns and trends.
My goal is to help YOU make sense of the numbers so you can make informed decision. It is my hope that this report helps you to ”See the Big Picture and All the Details!”
If you see a segment of the market that you would like additional help with understanding please contact me. Or if you desire a specific Property Valuation Report for Your home that I routinely prepare for my clients, please contact me.
Get Your Crested Butte Real Estate Market Report Now!
Or Click HERE to Download Now!
See the big picture and all the details of the Crested Butte Real Estate Market –> See Full CB Real Estate Market Report (more data and charts)
How can I help you with Your Crested Butte Co Real Estate Needs?
This Crested Butte Real Estate Market Report and the level of detail is representative of what you can expect from me as your Real Estate Agent.
If you are considering buying or selling – I have been in your shoes.
My wife and I were second homeowners for 10 years prior to moving our family to Crested Butte full time.
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How is the Crested Butte Real Estate Market doing?
The Crested Butte Real Estate Market is very active. Get Your Monthly Crested Butte Real Estate Market Reports.
Whether you are a current Second Homeowner or You are Considering Buying Real Estate in Crested Butte – this detailed Monthly Market Report will save you Time and Help YOU make informed decisions.
Get Your Crested Butte Real Estate Market Report Now!
I have consistently been a Top Real Estate Agent in Crested Butte, and I appreciate the opportunity to earn your business and be your Crested Butte Real Estate Agent.
See additional Crested Butte Articles and Info
Contact me at:
Chris Kopf
Global Luxury Property Specialist
Coldwell Banker Mountain Properties
Chris.Kopf@CBMP.com
(970) 209-5405
