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Chris Kopf Coldwell Banker Mountain Properties

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Crested Butte Real Estate Market Report YTD March

April 4, 2019 By Chris Kopf

Crested Butte Real Estate Market Report YTD March

Crested Butte Real Estate Market Report
YTD Through March 2019

Crested Butte Real Estate Market Report YTD March and 2019 Outlook

Crested Butte Real Estate Market Feels Slower – The consensus among the real estate community is that there seems to be a change in the Crested Butte buyer activity. Less activity this year than last year.

Q1 2019 – The numbers show us the volume and price points are up for the “lower end” of the market. There was quite a bit of activity as we have seen inventory levels continue to drop for single family homes below $1M, Townhomes below $750,000 and Quality Condos below $500,000. If you look at the middle and higher end of the market for Q1, and even all of 2018 you see the price points as flat or down.

It is natural that the Vail acquisition would translate into higher asking prices from sellers – but we have not seen buyers with the same enthusiasm (yet). We certainly had a lot of front-range skiers and seemed to be a lot of weekend warriors who were skiing hard. I predict we will continue to see an influx of new visitors to CB and the numbers always translate into buyers. This summer will be busier than the winter, and expectations are high that there will be more families. I still believe the Vail acquisition is good – but it may take a year or more to see tangible results in the real estate market.

Vail is in the last week of their first winter ski season in Crested Butte, and they continue to “discover” what they bought. I invited Tim Baker – VP/GM CBMR to come speak to the Crested Butte Rotary Club and I got the opportunity to talk with him about his thoughts so far and reflect on this winter ski season.

He is very excited to be here. He and his family love Crested Butte and the CB community. He is committed to ensuring the operations are running smooth, and the customer experience is exceptional. He was very disappointed in the Silver Queen lift outage for nearly 5 full days – and said “that just doesn’t happen at a Vail resort… and it will never happen again”.  One interesting answer to my question about marketing CB to the EPIC pass holders was that they would likely not target market by socio-economic demographics – rather skier type and ability. So if a skier has frequently skied black and double black runs at say Whistler – then they will likely be exposed to the extreme skiing opportunity of Crested Butte. But like it or not – the existing Vail and Beavercreek demographic will not be targeted.

Crested Butte Real Estate VOLUME and TRANSACTIONS – YTD

This Crested Butte Real Estate Monthly Market Report is a total of 14 pages – Download Your Copy of the Full Market Report HERE

Crested Butte Real Estate Single Family Home Sales by Price – YTD

Crested Butte Real Estate Market Report YTD March

 

Helping You Make Informed Decisions Regarding Crested Butte Real Estate

Sell Your Crested Butte Home Chris Kopf Coldwell BankerI produce this monthly report to provide You with a high level overview by looking at the patterns and trends.

I hope 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 that I routinely prepare for my clients, please contact me.

This report covers Crested Butte Single Family Homes/Luxury Homes, Crested Butte Condos, Crested Butte Town Homes and Crested Butte Land.

You will also see a ”slice” of the data by Price Range and by Area for Single Family Homes to provide a more insightful view of the market.

Get Your Crested Butte Real Estate Market Reports


Get Your Copies of the Crested Butte Real Estate Annual Market Report + March 2019 YTD Report Now!

 

Or Click HERE to Download Now! 


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)

Chris Kopf Crested Butte Real Estate AgentHow can I help you with Your Crested Butte Co Real Estate Needs?

This Crested Butte Real Estate Market Report 2019 Outlook and 2018 Results and the level of detail is representative of what you can expect from me as your Real Estate Agent.

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.

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).

Visit www.chriskopf.com. Phone: (970) 209-5405, or Chris.Kopf@CBMP.com

For questions regarding this Crested Butte Real Estate Market Report or the Crested Butte Real Estate Market in general contact:

Chris Kopf
Broker / Owner
Global Luxury Property Specialist
Coldwell Banker Mountain Properties
Chris.Kopf@CBMP.com
(970) 209-5405

 

Top Crested Butte Real Estate Agent

 

 

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Chris Kopf, Coldwell Banker Mountain Properties
305 6th Street
Crested Butte, CO 81224
  • Chris.Kopf@CBMP.com
  • (970) 209-5405

Testimonials

Bobby Nichols

"The first moment we met Chris, my wife and I knew he was all about what is happening in real estate sales in Crested Butte. He knows his job, the marketplace and the innovative ways to market your home in today's electronic internet space. A real professional that understood us and our needs in handling a very successful sales transaction. "

 
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:45:19-07:00
"The first moment we met Chris, my wife and I knew he was all about what is happening in real estate sales in Crested Butte. He knows his job, the marketplace and the innovative ways to market your home in today's electronic internet space. A real professional that understood us and our needs in handling a very successful sales transaction. "  
https://chriskopf.com/testimonials/bobby-nichols/

Jeff Hollings

Chris is outstanding! We recently bought a second home in Crested Butte and Chris did a great job throughout the whole process. He has a thorough understanding of the market and the benefits and drawbacks of various locations. He was very patient with us as our preferences evolved throughout the search. He gave us valuable information on which to negotiate the purchase. He had great follow-up during the inspection/closing process (when we were not in town) and made sure all of the commitments made by the seller were properly completed.
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:46:48-07:00
Chris is outstanding! We recently bought a second home in Crested Butte and Chris did a great job throughout the whole process. He has a thorough understanding of the market and the benefits and drawbacks of various locations. He was very patient with us as our preferences evolved throughout the search. He gave us valuable information on which to negotiate the purchase. He had great follow-up during the inspection/closing process (when we were not in town) and made sure all of the commitments made by the seller were properly completed.
https://chriskopf.com/testimonials/jeff-hollings/

James Brennan

This was our first experience trying to purchase additional land with hopes of building a home. Chris was tremendously helpful throughout the entire process and his professionalism showed.
Crested Butte Real Estate by Chris Kopf
2014-10-14T17:59:24-06:00
This was our first experience trying to purchase additional land with hopes of building a home. Chris was tremendously helpful throughout the entire process and his professionalism showed.
https://chriskopf.com/testimonials/james-brennan/

Jane Saltzman

Chris was terrific to work with. The house sold faster then I ever expected! He was particularly helpful for this second home owner that couldn't always get there to take care of house issues. Thank you Chris!!!
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:49:37-07:00
Chris was terrific to work with. The house sold faster then I ever expected! He was particularly helpful for this second home owner that couldn't always get there to take care of house issues. Thank you Chris!!!
https://chriskopf.com/testimonials/jane-saltzman/

Georges Lussier

The thought of a short sale was intimidating, but Chris made the experience very easy with lots of guidance from start to finish. I would highly recommend Chris for any Real Estate need buying or selling.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:05:40-06:00
The thought of a short sale was intimidating, but Chris made the experience very easy with lots of guidance from start to finish. I would highly recommend Chris for any Real Estate need buying or selling.
https://chriskopf.com/testimonials/georges-lussier/

Frank Stringer

Chris Kopf is a wonderful person to work with on any real estate matter you may have in Crested Butte. He is extremely knowledgeable of all elements of the Crested Butte area. He helped us recently to buy a new second home in Skyland and the entire experience was first class under Chris's guidance. I would highly recommend him to anyone who has a real estate need in Crested Butte.
Crested Butte Real Estate by Chris Kopf
2015-02-11T13:51:04-07:00
Chris Kopf is a wonderful person to work with on any real estate matter you may have in Crested Butte. He is extremely knowledgeable of all elements of the Crested Butte area. He helped us recently to buy a new second home in Skyland and the entire experience was first class under Chris's guidance. I would highly recommend him to anyone who has a real estate need in Crested Butte.
https://chriskopf.com/testimonials/frank-stringer/

Paul & Julie Keesee

Chris was quite helpful in showing us homes in the area we were interested in and contacted us when new listings were available. We not only consider him our realtor but also a friend.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:05:59-06:00
Chris was quite helpful in showing us homes in the area we were interested in and contacted us when new listings were available. We not only consider him our realtor but also a friend.
https://chriskopf.com/testimonials/paul-julie-keesee/

Jim & Sandra Wickham

Chris' patience and persistence paid off for us in finding the right house for the right price. We would highly recommend Chris to any potential buyer.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:06:18-06:00
Chris' patience and persistence paid off for us in finding the right house for the right price. We would highly recommend Chris to any potential buyer.
https://chriskopf.com/testimonials/jim-sandra-wickham/

Tom & Mary Aton

It was a great experience working with Chris, after showing me what I thought I wanted, he advised me of the pros and cons on the different condos and found one that I am thrilled with.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:06:31-06:00
It was a great experience working with Chris, after showing me what I thought I wanted, he advised me of the pros and cons on the different condos and found one that I am thrilled with.
https://chriskopf.com/testimonials/tom-mary-aton/

Dan Aquaviva

This agent has a very strong knowledge of the local area. He was very helpful in screening properties for potential purchase.
Crested Butte Real Estate by Chris Kopf
2014-10-14T18:05:26-06:00
This agent has a very strong knowledge of the local area. He was very helpful in screening properties for potential purchase.
https://chriskopf.com/testimonials/dan-aquaviva/
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Crested Butte Real Estate by Chris Kopf

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