Summer continues to stroll along with what feels like way more visitors than last year and finally some sunny days. We've experienced the wettest spring and summer Crested Butte has seen in years making the vegetation and wildflowers super vibrant and more abundant. The Arts Festival had an incredible turn out as white booths stocked with a wide variety of art and drones of people filled the entire length of Elk Avenue. Sales tax revenues are up and a giant bear hung out in a tree for hours in downtown Crested Butte. Make sure to come out for the remainder of the Music Festival and enjoy this beautiful season in all it's glory.
Things Going on in August
Crested Butte Music Festival - July 25th to August 9th Alpineglow (Free Outdoor Concert) - 3rd, 10th, 17th Live! from Mt. Crested Butte (Free Outdoor Concert) - 5th, 12th, 19th Burgers & Bluegrass - 4th, 11th, 18th Gypsy Jazz In Paradise - 6th - 9th Jack Russell Terrier Dog Trials - 7th - 9th Gunnison Car Show - 21st - 23rd
Click here for the entire Crested Butte/Gunnison Event Calendar
What's Happening in the Real Estate Market
What a busy month we've had in the Crested Butte real estate market. 30 additional condo and single family home sales have occurred since my last newsletter. That makes 126 condo and home sales totaling $67,705,661 closed so far with the average reduction off list price remaining at 7%. Another 54 properties totaling $31,614,799 are under contract five of which are over $1mil. Another exclusive Sotheby's listing sold in house for $4,000,000 - 535 Journey's End Road.
Land sales continue to warm up over last year as 67 parcels totaling $12,681,700 have sold so far this year. That's a 51% increase over the same period last year. 9 additional parcels totaling $1,151,400 are currently under contract.
Click here for the Benson Sotheby's real estate market report for detailed sales reports through the 2nd Qtr of 2015.
As of July 1st Benson Sotheby's has sold $50.7mil worth or real estate transactions, that's $29mil more than our closest competitor! I'm also very pleased to announce that with the exception of five deed restricted units at my exclusive listing the Timbers, all condos have been reserved. That represents 39 condo reservations in less than four months. If you have ever considered which real estate firm to work with in Crested Butte the decision is clear.
In the News
USFS Accepts CBMR’s Proposal for Expansion 6 Easy Crested Butte Hiking Trails Close to Town Crested Butte and Artists Shaun Horne and Dawn Cohen Lightning Safety in Colorado’s High Country Tax Tallies show Increase Spending at Colorado Ski Resorts Colorado’s Best Hiking Trails and Alcohol Pairings Colorado Ski Towns Tax Income on the Rise Adventure 101: Mountain Biking in Crested Butte Crested Butte Wildflowers MSP Staff Pick - Teocalli Sunrise - Mountain Bike Movie
Click here for our Summer Collection.
Thanks for reading today! Please feel free to forward along to anyone you might think interested.