An extremely dry but very busy ski season is coming to a close here in Crested Butte as the snow melts quickly giving way to green grass. The last weekend at the resort will be sure to satisfy regardless as it is more of a party than a ski weekend anyway. Bring your costume if you do not want to stand out and please ski safely. The last show at the Center for the Arts is the Telluride Theathre’s Jukebox Burlesque this Friday the 3rd at 9:00 p.m. More end of the season fun is the Ultimate Snowmobiler April 8th - 12th.
What's Happening in the Real Estate Market
The 1st quarter of the overall 2015 Crested Butte real estate market has come to a close with a staggering 25% increase over 2014. 41 condo and home sales totalling at $18,029,000 have closed so far with an average of 6% off of asking price. This is an 11% increase over the 1st quarter of 2014 with a 17% increase in median price. Another 40 properties totaling almost $27,000,000 are under contract nine of which are over $1mil with one at $3,200,000.
Land sales continue to make a come back as mild temps and low snow amounts have allowed for better viewing coupled with lower single-family inventory. An impressive 28 parcels totaling $6,032,000 have sold so far in the 1st quarter of 2015. That is up 91% from the same period last year. Although prices have not recovered as much as we'd like it is very clear that land is in much higher demand.
Click below for a more a detailed insight to the entire Crested Butte real estate market with the Benson Sotheby's 1st Quarter Market Report.
In the News
CNL Lifestyle Properties Could Sell All Ski Resorts Including Crested Butte Hartman Rocks Opens Early David Chodounsky Defends Slalom Title at US Alpine Championships Crested Butte Mountain Biking - Top 10 Mountain Bike Destinations Montanya's Distillers in Crested Butte Crested Butte's Teocalli 2 Bowl McConkey Emmy Nomination Crested Butte Biking - West Elk Bicycle Classic Aston Martin in Crested Butte Contact and Pricing Scarps Ridge Lodge in Crested Butte - Ski Lodge Nirvana Ski Mountaineering Racing Crested Butte Named the Coolest 2015 Season Highlights of the Crested Butte Music Festival
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20 Marcellina Lane - The Timbers Mt. Crested Butte,