January 2017 Market News

Market Update

January 2017 Market News

January 2017 Market News

What’s Happening in the Real Estate Market

In December, 24 single family homes and condos were sold for a total of $16,111,500. Everything from a $65,000 Grand Lodge Unit to a $3mil Whetstone Mountain Ranch sold in December. A total of four homes sold for over $1mil. As more and more people are in town for ski season, the market is expected to pick up considerably. Currently, another 38 homes and condos are under contract, representing a listing amount of $16,988,400.

In land sales, a total of five parcels sold in December – three less than in November. Sales in December represent a wide range of land from a .68 acre parcel in CB South, which sold for $49,500 to a half acre parcel in Skyland, which sold for $475,000. Currently, another nine parcels are under contract with a total listing price of $2,267,900.

For our comprehensive year end real estate market report click the picture below.

Click here for our comprehensive year end Crested Butte real estate market report.