Crested Butte Real Estate Market Report
May 2023 + Outlook
Crested Butte Real Estate Market Report May 2023: Summer has taken a while to arrive, but appears that last gasp of winter is over after the snow we got on Saturday… 😳
Sunday was sunny and warm and Francene and I rode our mountain bikes up Gothic Road to the snow plug just below Emerald Lake – it is in the typical spot – should be melting out soon…
Summer Activities and Events!
This is a fun and busy social time of the year with so many activities, gala events, concerts, and fun gatherings – Center for the Arts Alpenglow concert in town started last night! I look forward to seeing you out and about! Check out the interview with Heidi Sherratt – Executive Director of Cattleman’s Days and Tough Enough To Wear Pink.
I enjoy fly fishing in the summer – and looking forward to one of my favorite events — supporting the Crested Butte Land Trust Caddis Cup fly fishing tournament again this year!
As always let me know if I can help you – or that of a friend. I appreciate all the recommendations and referrals. Thank you!
Crested Butte Transactions Down Prices Flatten
We saw very few transactions in May – only 17 total properties sold. My market report covers the prior 12 months and compares with the same period for the past 4 years to give you a sense of the patterns and trends. Looking back we see we are well above price points from 2019. With limited inventory there as new quality listings hit the market at reasonable price points – these properties are going under contract quicker than the norm. This demonstrates anxious educated buyers waiting for the right property.
For The Past 12 Months – Crested Butte Real Estate Market Report May 2023
- There were 259 total properties sold, 69 of those being single family homes sold, and total volume of all properties sold for all areas was $293,064,474.
- The average sold price for single family homes was $2,096,678.
- Condos & Townhomes – there were 131 sold, and an Average Sold Price of $829,791.
- In Downtown Crested Butte the number of Single Family homes sold was 11, at a median sold price of $2,709,545. The median sold price per square foot was $1,245.
- Single Family home sales in Mt. Crested Butte had a median sold price of $1,465,000, and Median Sold Price Per Square foot was $789.
- Skyland home sales show a median sold price of $2,532,500, and Median Sold Price per Square foot at $831.
- Rural Crested Butte – 30 homes sold, Median Sold Price $2,248,500. Median Sold Price Per Square Foot at $809.
- CB South total homes sold = 13, Median Sold Price was $1,183,000, Median Sold Price per Square foot $628.
- Land sales – there were a total of 60 transactions with a Median Sold Price of $475,000.
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 May 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 May 2023
Transactions & Median Sales Price
Prior 5 Years by Quarter
Single Family Home Sales – All Areas Prior 12 Months
Crested Butte Real Estate Market Snapshot
All Single Family Homes By Price Range (Quartiles)
Downtown Crested Butte Single Family Home Sales
There have been 11 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 11 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 131 Condos & 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
