March 2014 Edition
February continued to raise snow levels by dumping more than 7 feet, keeping town hopping with happy tourists. March is forecasted to bring more, as it’s our snowiest month. As spring breakers arrive, the town and the mountain are gearing up with entertaining events, including:
- Al Johnson Telemark Ski Race on March 23
- Comedy Works at the Center for the Arts on March 15
- Ski Town Breakdown on March 22
- 2nd Annual Silver Queen Pageant on March 30
Check out these and other events at http://www.gunnisoncrestedbutte.com/event-calendar.
On the 2014 Horizon
As mentioned last month, I’ll be launching a new mobile-friendly website this year. So it’s a great opportunity to listen to what you, my clients, really value in a real estate website. Please take a moment to answer these 7 questions and thank you in advance!
What's Happening in the Market
We’ve seen the total number of transactions year to date decrease by 8 as compared to a year ago, including a drop in the average and median prices. In the meantime, average pricing per finished square foot has increased compared to the same timeframe, from $210 to $251, while the average reduction off of the list price has also increased.
Some speculate a frigid, harsh winter throughout the rest of the country has kept potential buyers within the walls of their warm houses and from venturing out to Colorado, while others think the incredible ski conditions have kept other potential buyers on the mountain. That downward trend, however, is expected to change as we head into the summer months, where land sales also become more of a focus.
Exclusive Property of the Month
Listing: 59 Cinnamon Mountain Road, Mt. Crested Butte
Offered at: $1,795,000
Details: 4 Bedrooms, 4 Full Baths, 4822 sqft, 1.05 Acres
Spectacular home exquisitely finished with modern, clean lines, travertine tile, maple and concrete floors and stained MDF ceilings. Located on one of the most magnificent Mt. Crested Butte lots with numerous aspen trees, wide open expanses and commanding views of the ski resort, the Butte and the town of Crested Butte. Two car garage plans are complete and will be built to suite.
Check Out Crested Butte in the News
- Denver Post ~ CB Locals in the Olympics
- Backcountry Magazine ~ Backcountry Visits CB
- Telluride Inside ~ Cheating in CB
- Elk Mountain Events ~ U.S. Ski Mountaineering National Championships
- Driving ~ Aston Martins Want to Play in CB Too
- LeanneGoebel.com ~ CB Makes Top 12 Small Town Art Places
- Houston CultureMap ~ Learn to Ski CB Style…Laid Back
Corey Dwan | Benson Sotheby's International Realty
401 Elk Avenue | Crested Butte, CO 81224
970-596-3219 Cell | 970-349-6654 Fax
Corey.Dwan@SothebysRealty.com | CrestedButteCollection.com