Crested Butte Real Estate Market Report February 2021
Crested Butte Real Estate Market Report Feb 2021 – A year ago, my wife and I got Covid, and thankfully our illness was not serious. Covid turned the world upside down… like a crazy movie the covid-19 crisis shut down the Ski Resort and Gunnison County and Crested Butte went into lock-down mode… We were all asking questions and nobody had the answers. The real estate market was effectively shut-down as well with the uncertainty, no visitors, and restrictions on even virtual showings of homes.
When we opened back up in June – the buying light switch was turned-on, and it was floodlights. 2020 ended up as a record-breaking year in transactions and volume in the Crested Butte Real Estate Market.
Fast forward to today and we continue to see a significant rise in transactions, price points in most areas and property types, and a drop in inventory levels.
Real Estate Market Update for Crested Butte Home Sales
Last year at this time there was 530 total properties for sale – of that 131 Single Family homes and there were 45 properties Under Contract. Compare that to this year we see 366 properties for sale and 66 of them are single family homes, with 132 properties Under Contract.
We have seen visitors flock to Crested Butte and we have seen a huge demand in real estate. We are starting year 2 of Covid and the professional white-collar workplace has changed from “working in the office” to “work at home” to the flexibility to “work remote”. For affluent breadwinners that own their own business, or have ascended to the executive ranks, this presents and opportunity they never had before – the possibility to work from remote or resort locations like Crested Butte.
Many predicted that with the limitations on social gatherings the visitors would not come – they were wrong. The sales tax and lodging tax numbers are way up compared to previous “normal” business cycles… As the article on my blog references – Covid has caused people to think differently about their priorities, their family, their lifestyle, their home(s), and their investments. Many are redirecting funds and taking stock market profits off the table, and investing in a future of memories by buying or building their Crested Butte dream home.
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Crested Butte Real Estate Market Report Feb 2021 (16 Detailed Pages).
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VOLUME and TRANSACTIONS Crested Butte Real Estate
Overall Volume and Transactions are way up year over year in the Crested Butte Real Estate Market.
Crested Butte Single Family Homes Sold by Price Range
Single Family Crested Butte Area Homes Sold – see additional details for all by viewing Full Crested Butte Market Report
Revealing Mt. Crested Butte Single Family Home Sales
There were 36 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.
Crested Butte Condos and Townhomes
There were 207 Condos & Townhomes Sold in the past 12 months in the Crested Butte area.
Crested Butte Land
There were 166 parcels of land Sold in the past 12 months in the Crested Butte area.
This Crested Butte Real Estate Market Report Feb 2021 is a total of 16 detailed pages – Download Your Copy HERE
- How is the Luxury Crested Butte Real Estate Market?
- See Breakdown of Single Family Homes Sold by Area, Condos & Townhomes, Land…
- What is For Sale… and more!
- Get Your Copy of The Crested Butte Real Estate Market Report
Helping You Make Informed Decisions Regarding Crested Butte Real Estate
I hope you and your family are safe during these crazy covid times. 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.
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See the big picture and all the details of the Crested Butte Real Estate Market –> Download Full CB Real Estate Market Report as a .pdf file (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 here full time.
I am consistently among the Top Real estate agents in Crested Butte and among the top 1% of all Coldwell Banker Agents in North America, and I strive to exceed client expectations. Especially now in these crazy covid times you need a trusted advisor to help you sort out your next steps. Call or Text me: (970) 209-5405
You May Be Wondering… What is My Home Worth?
Do you wonder what your home is worth in the current market? Do you desire a specific Property Valuation Report that I routinely prepare for my clients? Please contact me.
If you are considering me to represent you, I would appreciate the opportunity to earn your business (or that of a friend you think I could help).
For questions regarding this Crested Butte Real Estate Market Report or the Crested Butte Real Estate Market in general contact:
Global Luxury Property Specialist
Coldwell Banker Mountain Properties