The "Month of Festivals" has arrived in Crested Butte and with the help of an extremely wet spring the wildflowers are in full bloom and the mountain sides are a vibrant green. The streets are becoming packed as numerous tourists continue to migrate to our town for one of the best months of the year. Lots going on so have yourself a great time and call me with any questions or recommendations as my client services go far beyond real estate.
Things Going on in July
4th of July! - 4th Black and White Ball - 2nd Alpineglow (Free Outdoor Concert) - 6th, 13th, 20th, 27th Live! from Mt. Crested Butte (Free Outdoor Concert) - 1st, 8th, 15th, 22nd, 29th Crested Butte Wildflower Festival - 13th -19th Crested Butte Wine and Food Festival - 23rd -26th Crested Butte Arts Festival - 31st - Aug. 2nd Crested Butte Big Mountain Enduro - 31st - Aug. 2nd
Click here for the entire Crested Butte/Gunnison Event Calendar
What's Happening in the Real Estate Market
If you are looking for an extremely rare opportunity to purchase a home on 80 acres with water just outside the town of Crested Butte call me ($4.5 to $5mil).
The first half of 2015 and the Crested Butte real estate market has shown a strong 17% increase over the same period in 2014. 96 condo and home sales totaling $51,883,161 have closed so far and we remain with an average reduction of 7% off list price. Average price of $540,449 and median price of $380,000 compared to those of $447,102 and $368,500 from the same period last year. Another 41 properties totaling $28,069,499 are under contract seven of which are over $1mil with the most expensive being a Sotheby's offering at $4,595,000.
Mt. Crested Butte's first new condo project in almost 10 years, The Timbers, is nearly sold out only a few months after it's release. We only have only three condos left out of 37 and six deed restricted units for locals. Call me for more information before they are all gone.
Land sales continue to increase over last year as 57 parcels totaling $11,196,700 have sold in the first half of 2015. That represents a staggering 63% increase over the same period last year. 16 additional parcels totaling $2,279,500 are currently under contract.
In the News
Alaska Airlines adds Crested Butte flights from Los Angeles Crested Butte Mountain Resort's new Stewardship Program Crested Butte's anguish about housing imbalance Tax tallies signal banner winter for spending at Colorado ski resorts Heavy rains and runoff fill local reservoirs to the brim Enrollment increasing in school district Mt. CB and DDA pledge additional support to Biery-Witt Center Council good with long lease and major donation to Center for the Arts
Click here for our Summer Collection.
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20 Marcellina Lane - The Timbers Mt. Crested Butte,
2 Bed | 1 Bath | 603 SqFt | $162,500
1202 County Road 317 Crested Butte, Colorado81224
4 Bed | 4 Bath | 3,151 SqFt | $1,375,000
11336 Highway 742 Almont, Colorado81210
4 Bed | 2 Bath | 1,709 SqFt | $850,000
159 Bear Paw Trail Almont, Colorado81210
3 Bed | 3 Bath | – SqFt | $725,000
99 Cascadilla Street #West Crested Butte, Colorado81224
3 Bed | 2 Bath | 1,888 SqFt | $475,000
70 Hunter Hill Road #P202 Mt. Crested Butte, Colorado81225
3 Bed | 2 Bath | 1,324 SqFt | $350,000
Click here to view the published version the June 2015 newsletter.