Corey Dwan | Realtor
The Crested Butte Collection

 

May 2017 Edition                     

Town Tidbits

The month of April brought quieter, warmer days to Crested Butte, helping to melt the 324 inches of snow we received during the record breaking 2016/2017 ski season. Crested Butte Mountain Resort had a busy Closing Weekend with the Land Shark Pond Skim on Saturday April 8th and Closing Day festivities on April 9th. We had plenty of warm, sunny spring weather but don't let that fool you, Crested Butte tends to get plenty of moisture in the month of May bringing us the spectacular wildflowers in June and July. Be sure to check out the 2017 Crested Butte Wildflower Festival. We look forward to the mountain reopening on June 10th. Click here for a real time weather report and trail information.

While the epic snow year and ski season we had continues to be the chatter around town, there were several other notable April events. April 1st was the Winter Chainless Downhill Race, Friday April 7th was the Flauschink Ball and announcement of this year's Flauschink King and Queen, April 8th was the Land Shark Pond Skim as well as live music from Denver based band Trout Steak Revival and of course, Closing Day on April 9th brought out many costumed skiers. Town is already gearing up and looking forward to another busy summer season filled with lots of fun activities such as hiking, paddle boarding and mountain biking with the lifts at CBMR opening back up on June 10th.

In the meantime, the May calendar is filled with off season activities including lots of live music. The ski area may be closed but there is still plenty to do in Crested Butte and the Gunnison Valley in the month of May.

Things Going on in May

Golden Shoulders! Brett Shady! #joanrees! in Gunnison ~ May 2
The Black Lillies in Gunnison ~ May 3
Barefoot Companion LIVE at High Alpine Brewing Company ~ May 5
Spring Recital and Competition Solo Showcase ~ May 5, 6
Mother's Day Paint Your Own Pottery ~ May 6
Mr. Thin and the Nuclear Uncles LIVE at High Alpine Brewing Co. ~ May 6
Signs And Sangria At Gunnison Art Center ~ May 6
Open Mic Night ~ May 8
Party … Cupcake Style! ~ May 9
Ladies Spring Shred Prep Camp - 4 Weeks ~ May 10 - 31
Town Clean Up & Electronics Recycle ~ May 13
Mother's Day Mini Portrait Sessions ~ May 14
Aerial Conditioning And Open Aerial Play Fridays! ~ May 19
2nd Annual Bill Noxon Golf Classic ~ May 20
Open Mic Night ~ May 22
Cocktails and Canvases: Twilight Tree ~ May 23
Quiz For a Cause, Geeks Who Drink ~ May 24
Gunnison Valley Women's Networking Night ~ May 24
Standard First Aid, CPR & AED ~ May 25
Aerial Conditioning And Open Aerial Play Fridays! ~ May 26
The Original Growler ~ May 27, 28
Summer 2017 Opening Day ~ June 10

Click here for the entire Crested Butte/Gunnison Event Calendar

What's Happening in the Real Estate Market

As we unwind during the Spring off-season, we continue to see a strong Seller's Market develop. Inventory in the valley continues to decline while demand remains high and homes are selling quickly. We are gearing up for a very busy Summer selling season. Right now only 15 single family homes are on the market in the town of Crested Butte. There are only 29 active homes on Mt. Crested Butte and 78 active condos, compared to 89 last month. The least expensive home in the upper valley is a manufactured home in Crested Butte currently listed at $479,000, compared to the least expensive home available in March which was listed at $639,900. Crested Butte South continues to see rapid sales with only 7 single family homes currently on the market. If you wish to list your home, condo or land I'm available anytime to discuss the current real estate market in-depth.

In April, we saw a total of 19 single family homes and condos sales, compared to 21 in April for a total of $9,532,800. Four of those sales were single family homes. Sales in April ranged from a Mt. Crested Butte Condo selling for $137,500 to a beautiful, luxurious four bedroom, five bath Crested Butte Home selling for $2,125,000, sold by Benson Sotheby's. Currently, another 48 homes and condos are under contract, representing a listing amount of $40,486,187. 

In land sales, a total of 8 parcels sold in April for a total of $1,259,000. Current land sales represent a wide range from a .33 acre parcel in Crested Butte South, which sold for $60,000 to a .47 acre golf course lot in Skyland, which sold for $305,000. Currently, another 10 parcels are under contract with a total listing price of $2,638,000. Land values continue to improve as we look forward to a busy summer selling season. 

Quarter 1 2017 Click here for our First Quarter 2017 Report. 

You may search all available inventory by clicking here.

In the News 

Mt. Crested Butte Council Awards $126,000 In Summer Marketing Grants
Council Looking Over Center Finances Before Project Given Final Go-Ahead
Workforce Housing A Top Priority For Both County And Town
Community School Student-Build Receives Council Budget Approval
CBMBA To Create New Crew To Care For Backcountry
Council Steps Up In Support Of Creative District
Forest Service Accepting Comments On Use Of Conundrum Hot Springs
Mt. Crested Butte Council Weighs In On New Adaptive Building
Spring Melt Continues To Boost Local Water Supply
Oh Be Joyful Campground Will Charge For Tent Sites This Summer
County Hopes To Help Regain Public Access To Green Lake
CB South Updating The Commercial Area Plan
Mt. CB To Purchase Vacant Land For Parking Lot Near The Nordic Inn
CB/Mt. CB Chamber Hires From Within To Fill Executive Director Job
Crested Butte Hotel Proposal is Notching Up BOZAR Approvals
GVRHA Director Hired

For more community news visit my Community Blog.

Thanks for reading today! Please feel free to forward along to anyone you might think interested.

 
3 Lapis Lane
Mt. Crested Butte, Colorado 81225
5 Bed | 4 Bath | 4,104 SqFt | $1,625,000
18 Aspen Lane
Mt. Crested Butte, Colorado 81225
4 Bed | 4.5 Bath | 4,110 SqFt | $1,595,000
450 Oversteeg Gulch Road
Crested Butte, Colorado 81224
3 Bed | 2 Bath | 1,497 SqFt | $1,475,000
515 Oversteeg Gulch Road
Crested Butte, Colorado 81224
2 Bed | 2 Bath | 1,808 SqFt | $1,100,000
16 Club Cottage Drive
Crested Butte, Colorado 81224
3 Bed | 4 Bath | 2,784 SqFt | $1,045,000
9 Hunter Hill Road #Unit 204
Mt. Crested Butte, Colorado 81225
4 Bed | 4 Bath | 1,788 SqFt | $750,000
Corey Dwan
970.596.3219
corey.dwan@sothebysrealty.com
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401 Elk Avenue
Crested Butte, Colorado 81224

CrestedButteCollection.com