The Crested Butte Connoisseur May 2013

Summer in Crested Butte

Greetings to everyone!!!  Summer has officially arrived as warm days, green fields and spring flowers fill our Valley. These days mountain bike and hiking trails are drying out as visitors roll into town for the long summer days and cool evenings. Smiles abound as locals and visitors alike begin the celebration of warm outdoor activities. There are so many amazing events on the summer calendar like our Alpenglow Concert Series, Peak Hiking, Mountain Biking as well as Rafting to mention a few! Be sure you come for a visit to enjoy everything our quaint little town has to offer. 

Additionally, I must announce CBMR's new low Peak Pass price of only $599 and you have until September 27th, 2013 to purchase it!  More than ever, it makes sense to purchase a ski pass if you plan to spend more than a week here in the winter.  Please click here for details on the 2014 Season Pass.

Real Estate Market Update

As we reach the middle of 2013 it is clear the real estate market in Crested Butte has begun it's recovery and the bottom of the market has now passed. Clear examples would be the substantial decrease in inventory, increased sales with higher prices and increased multiple bid scenarios. We have experienced $48,999,975 worth of single family home and condo sales in the Upper Valley, a 24% increase over the same period last year. Both median and average prices have increased as well, $301k to $360K and $446k to $476k. With another 33 properties under contract totaling $16,016,250 we continue a bullish market and Benson Sotheby's continues to out perform our competition with Buyer and/or Seller representation of the top five most expensive sales so far this year.

Land sales involved 26 transactions totaling $4,289,486 more than double what I reported in the last newsletter. Eight more parcels totaling $1,808,400 are currently under contract. Although lands sales have slowed from same period last year average reduction of off list has dropped from 28% to 15%.

Crested Butte Music Festival Special Event at Castlewood Estate

I'm pleased to announce that the Takács Quartet will be performing at one of my exclusive offerings. Recognized as one of the world's great ensembles, the Takács Quartet plays with a unique blend of drama, warmth and humor, combining four distinct musical personalities to bring fresh insights to the string quartet repertoire. Enjoy an evening of Schubert, Bartók and Brahms in the most magnificent mountain home in the valley. Tickets are $135 and you may reserve your space by clicking here.

The Takács Quartet

Exclusive Property of the Month - Gold Link Subdivision - Ski Trail Access

1 Silver Lane - Mt. Crested Butte - New Listing!

Very large home in the Gold Link subdivision. Expansive open floor plan with two fireplaces, three living spaces, six bedrooms and five full baths. Full care takers unit downstairs with it's own entrance. Great ski and mountain bike access via the Gold Link homeowners trail and commanding views in every direction. Plenty of partially finished interior space to enlarge the home to well over 5,000 square feet. $1,095,000.

1 Silver Lane - Mt. Crested Butte Exterior

1 Silver Lane - Mt. Crested Butte - Master

1 Silver Lane - Mt. Crested Butte - Great Room

Crested Butte in the News

CNL puts 7 resorts up for sale. CBMR not on the list - Crested Butte News
CBMR announces they won?t be partnering on a 2013-14 flight program into Montrose - Gunnison Times
Forest Service accepts Crested Butte Mountain Resort Master Development Plan - Denver Post
CBMR receives approval for long-term plan - Crested Butte News
Winter air service set for 2013-2014 season - Crested Butte News
Valley?s construction activity is expected to increase this summer - Crested Butte News
Crested Butte Drops Price of Season Pass - The Watch
Colorado's Crested Butte Wildflower Festival Salutes Nature?s Explosion of Color - beaumontenterprise.com

Current News of the National Real Estate Market

Mortgage rates are highest in a year - CNN Money
Sellers calling the shots on home deals - CNN Money
Foreclosure sales fall to lowest level since 2008 - CNN Money
Home prices post strongest gains in 7 years - NBC News
Home sales continue to climb - CNN Money
Vacation home sales sizzle, rental books up - NBC News
Housing's spring bloom 'stuck' because of tight supply - NBC News

Upcoming Area Events

June 2013
1 Kids Fishing Derby & Outdoor Sports Expo, Jorgensen Park, Gunnison
2,9,16,23,30 Sundays @ 6 (Free Concerts) Presented by Gunnison Arts Center, Legion Park
6 ? 8 Ten Minute Plays presented by Crested Butte Mountain Theatre, Mallardi Cabaret Theatre
7 First Fridays Art Walk & Music, Various Galleries & Locations, Gunnison
7 Hell's Belles Concert, Crested Butte Center for the Arts
7,14,21,28 Fridays @ 5 at the Gunnison Art Center, Live Music on the Courtyard
9, 16, 23, 30 Crested Butte Farmers? Market, Elk Avenue & Second Street
14,15,21,22,
28,29
Gunnison Valley Observatory Open for Public Viewing, Gunnison
15 Adventure Park, Evolution Bike Park, Zip Lines & Chairlifts Open, CB Mountain Resort
19, 26 Wednesdays at Western State Colorado University, Various Topics & Locations Each Week
19 - 22 Taste of Crested Butte, Crested Butte
19 ? 23 Gunnison River Festival, Gunnison
20 Bob Livingston Concert, I Bar Ranch Thursday Night Series, Gunnison
20, 27 Burgers & Bluegrass Concert Series, I Bar Ranch, Gunnison
20 ? 23 Crested Butte Writers Conference, Elevation Hotel & Spa, Mt. Crested Butte
21, 28 Pedal n' Groove Friday Evenings (free chairlift tickets & music), Crested Butte Mountain Resort
22 13th Annual Taylor Park Marina Fishing Derby, Taylor Reservoir
22 Youth Astronomy Camp, Gunnison Valley Observatory, Gunnison
22 "Searching for Sugarman" - Crested Butte Film Series, Crested Butte Center for the Arts
22, 29 Gunnison Farmers? Market, Virginia Avenue & Main Street
26 ? 30 Crested Butte Bike Week, Crested Butte & Mt. Crested Butte
24 Alpenglow (free outdoor concert series), Crested Butte Center for the Arts
26 - Sept. 8 Tour de Forks a Gourmet Dining Series benefiting Crested Butte Center for the Arts
27 ArtWalk Evening, Studios & Galleries in Downtown Crested Butte
27 Lorrie Morgan Concert, I Bar Ranch Thursday Night Series, Gunnison
28 - 29 Gunny Grass bluegrass festival, I Bar Ranch, Gunnison
29 ? 30 Big Mountain Enduro Biking Series, Crested Butte Mountain Resort
29 ? 30 Bridges of the Butte 24-Hour Townie Tour for the Adaptive Sports Center, Crested Butte
30 AWEfest Presented by Artists of the West Elks, Elk Avenue, Crested Butte
30 ? Aug. 11 Crested Butte Music Festival, Gunnison-Crested Butte Valley


July 2013
June 26 - Sept. 8 Tour de Forks a Gourmet Dining Series benefiting Crested Butte Center for the Arts
June 30?Aug. 11 Crested Butte Music Festival, Gunnison-Crested Butte Valley
1,8,15,22,29 Alpenglow (free outdoor concert series), Crested Butte Center for the Arts
2 Black & White Ball, Crested Butte Mountain Heritage Museum
2 Live Painting Series at the Lobar, presented by Art Studio of the Center for the Arts
2,9,16,23,30 Burgers & Bluegrass Concert Series, I-Bar Ranch, Gunnison
3 Richie Furay Concert, Crested Butte Center for the Arts
3 Pam Tillis Concert, I Bar Ranch Summer Concert Series, Gunnison
3,10,17,24,31 Wednesdays at Western State Colorado University, Various Topics & Locations Each Week
4 Independence Day Fun Crested Butte - Pancake Breakfast, Parade, Music, Old-Fashioned Games, Food Court
4 45th Annual RMBL Gothic to Crested Butte Run, Walk or Crawl 1/3 Marathon, Gothic to Crested Butte
4 Patriotic Concert by Boston Brass, Ron Earl & Marcello Giordani Young Artists Program, Presented by Crested Butte Music Festival, CB Center for the Arts Outdoor Stage
4 Amber Leigh Concert & Fireworks, Crested Butte Mountain Resort
4 62nd Annual Gunnison Fourth of July Fireworks Celebration - Music, Kids' Activities, Food & Fireworks, Jorgensen Park
4 ? 6 33rd Annual Hot Air Balloon Rally presented by The Trough, Jorgensen Park, Gunnison
5 First Fridays Art Walk & Music, Various Galleries & Locations, Gunnison
5,12,19,26 Fridays @ 5 at the Gunnison Art Center, Live Music on the Courtyard
5,12,19,26 Pedal n' Groove Friday Evenings (free chairlift tickets & music), Crested Butte Mountain Resort
5,6,12,13,19,
20,26,27
Gunnison Valley Observatory Open for Public Viewing, Gunnison
6 Taste of Gunnison Valley, Jorgensen Park, Gunnison
6 ? 7 Bluegrass In Paradise presented by Crested Butte Music Festival, Mt. Crested Butte
6 ? 14 Cattlemen?s Days, Gunnison
6,13,20,27 Gunnison Farmers? Market, Virginia Avenue & Main Street
7,14,21,28 AWEfest Presented by Artists of the West Elks, Elk Avenue, Crested Butte
7,14,21,28 Crested Butte Farmers? Market, Elk Avenue & Second Street
7,14,21,28 Sundays @ 6 (Free Concerts) Presented by Gunnison Arts Center, Legion Park
8 One Night Cruise to the South Pacific (seafood dinner & opera performance), Gunnison Arts Center
8 ? 14 Crested Butte Wildflower Festival, Crested Butte
10 Concert Halls To Film: The Conductor Composes - Talk & Film Excerpts by Composer Benjamin Wallfisch, Presented by CB Music Festival & CB Film Festival, Crested Butte Center for the Arts
10,17,24,31 Live! From Mt. Crested Butte (free outdoor concert series), Crested Butte Mountain Resort
10,17,24,31 Pinnacle Race Series (free gravity & endurance mountain bike races), Crested Butte Mountain Resort
10,17,24,31 Public Policy Forum of Crested Butte, Crested Butte Community School (except. July 17)
11 "Sideways," a film presented by CB Film Festival and CB Wine & Food Festival, Crested Butte Center for the Arts
11 ? 14 Crested Butte Wine & Food Festival, Crested Butte
12 ? 13 Caddis Cup (fly-fishing tournament) Presented by Crested Butte Land Trust, Gunnison-Crested Butte Valley
16 ? 29 Opera In Paradise, presented by Crested Butte Music Festival, Crested Butte & Mt. CB
17 Make Clay Maracas: A Family Workshop, Art Studio of the Center for the Arts
18 Michael Martin Murphy Concert, I Bar Ranch Thursday Night Series, Gunnison
18 "SAMSARA," - Crested Butte Film Series, Crested Butte Center for the Arts
19 Summer Theatre for Youth Performances presented by Crested Butte Mountain Theatre, Mallardi Cabaret Theatre
19 - 20 Epic Rocky Mountain Relay, Run from Canon City to Crested Butte
19 - 21 National Cutting Horse Association Competition Lacy Ranch Cutting (free to watch), Lacy Ranch
20 Bridge to Bridge Fly Fishing Tournament, Gunnison River
25 Michael Hearne & South by Southwest Concert, I Bar Ranch Thursday Night Series, Gunnison
25 ArtWalk Evening, Studios & Galleries in Downtown Crested Butte
24 - 28, 30 - 31 "Cabaret" presented by Crested Butte Mountain Theatre, Mallardi Cabaret Theatre
25 ? 28 Writing the Rockies: Gunnison Creative Writers Workshop, Western State Colorado Univ.
27 14th Annual Living Journeys Summit Hike & Mountain Half-Marathon, CB Mtn. Resort
28 39th Annual Gunnison Art in the Park, Legion Park, Gunnison


Please Visit My Favorite Art Gallery in Crested Butte

Oh Be Joyful Gallery

Shaun Horne - Red Buildings
Shaun Horne
Red Buildings

Shaun Horne - Aspens and Lupines
Shaun Horne
Aspens and Lupines

Corey Dwan's Twitter Page | CoreyDwanSIR  Corey Dwan's Facebook Page  Corey Dwan's LinkedIn Page  Corey Dwan's YouTube Page  Corey Dwan's Google+ Page

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In This Issue

Summer Has Arrived
Real Estate Market Update
The Takács Quartet
Exclusive Property of the Month
Crested Butte in the News
National Real Estate News
June/July Schedule of Events
Oh Be Joyful Gallery
The Collection

Featured Listings
Global Listings

Exclusive Listings

625 Red Mountain Ranch Road - Rural Crested ButteCastlewood Estate,
Rural Crested Butte
$5,250,000

4 Peakview Drive - Mt. Crested Butte4 Peakview Drive,
Mt. Crested Butte
$1,850,000

822 Sopris Avenue - Crested Butte822 Sopris Avenue,
Crested Butte - Call for details
$1,750,000

12 Gold Link Drive - Mt. Crested Butte12 Gold Link Drive,
Mt. Crested Butte
$1,350,000

329 Maroon Ave - Crested Butte 329 Maroon Avenue,
Crested Butte - Back on the Market!
$1,095,000

14 Hunter Hill Road, Unit A302 - Mt. Crested Butte14 Hunter Hill Road, Unit A302,
Mt. Crested Butte - Ski In/Ski Out
$695,000

70 Hunter Hill Road, Unit P201 - Mt. Crested Butte70 Hunter Hill Road, Unit P201,
Mt. Crested Butte - Ski In/Ski Out
$365,000

Summit - Mt. Crested ButteSummit Lot 7,
Mt. Crested Butte
$299,000

Carbon Creek Parcel - GunnisonCarbon Creek Parcel
$294,000

20 Snowfall Drive - Mt. Crested ButteA2 Snowfall Point Condos,
Mt. Crested Butte
$230,000

15 Marcellina Lane, Unit 112 - Mt. Crested Butte115 Marcellina Lane, Unit 112,
Mt. Crested Butte
$209,900

142 Larkspur Loop - Crested Butte
142 Larkspur Loop
$99,000

719 Fourth Street, Unit B, Crested Butte
719 Fourth Street, Unit B
$395,000

The Collection | Exclusive Properties Represented by Benson Sotheby's International Realty