Corey Dwan | Realtor
The Crested Butte Collection

 

August 2017 Edition                     

Town Tidbits

We had an exciting month of July here in Crested Butte and the Gunnison Valley with lots of fun festivals, music and summer activities. July brought us some much needed rain with the arrival of monsoon season. The welcomed moisture and record snowfall earlier this year led to a wonderful wildflower season which ran late into the month. In fact, we are still seeing amazing wildflowers throughout the valley especially at higher elevations. Summer continues to bring a lot of visitors and we saw record numbers over the busy 4th of July holiday. Everyone is getting out and participating in the activities that come with our beautiful summer season. 

The Valley's August calendar continues to be filled with plenty of summer festivals and live music. We enjoyed the 45th Annual Crested Butte Arts Festival which runs annually the first part of August. The Evolution Bike Park remains open throughout the month with extended lift hours on Wednesdays and Fridays. So get out the bikes and hit the mountain as the added mixture has perfected trail conditions. Click here for a real time weather report and trail information. If you haven't had a chance to visit one of our many restaurants and bars be sure to stop in for a refreshing beverage or bite to eat. Also be sure to check out the new Crested Butte Public House, a new brewery located at 202 Elk Avenue which just opened on July 3rd. Niky's Donuts has a brand new expanded location at 327 Elk Avenue and now offers soft serve ice cream and custom made donut cakes. 

Things Going on in August

Masontown ~ August 1
Canvases and Cocktails on the CFTA Outdoor Stage  ~ August 1, 8, 15, 22
Historic Walking Tours ~ August 1, 3, 8, 10, 15, 17, 22, 24, 29, 31
An Evening with the Quebe Sisters ~ August 1
Live! From Mt. CB Featuring Ghost Of Paul Revere ~ August 2
Sketching in the Gallery ~ August 2
gO Trail Running Academy ~ August 2-6
Extended Lift Hours For Twilight Riding And Biking ~ August 2-25
Mt. CB Farmers Market ~ August 3, 10, 17, 24, 31
Irwin Guides Bikes & Beers ~ August 3, 10, 17, 24
A Special Evening with Anders Osborne ~ August 3
Irwin Guides Peak of the Week Summer Hiking Series ~ August 4, 11, 18, 25
Mariachi On The Rocks (Featuring Mariachi Sol De Mi Tierra) ~ August 4
45th Annual Crested Butte Arts Festival ~ August 4-6
Chamber Music Intensive Capstone Concert ~ August 5
The Bellamy Brothers A Benefit Concert for Six Points ~ August 5
Band of Heathens: Alpenglow ~ August 7
Full Moon At Ten Peaks ~ August 7
Todd Adelman & The Country Mile ~ August 8
Asleep At The Wheel ~ August 9
Live! From Mt. CB Featuring Pato Banton August 9
Sketching in the Gallery~ August 9
Mountain Manners Wildflower & Natural History Hike Share:  ~ August 11
Art Walk ~ August 11
Wildflowers & Science Extravaganza ~ August 12
Red Molly - Benefit Concert ~ August 12
The Here and Now: Alpenglow ~ August 14
Alan Ray & the Coconut Telegraph ~ August 15
Cheech & Chong Back n Smoke In The Gunnison Valley ~ August 16
Sketching in the Gallery ~ August 16
Live! From Mt. CB Featuring Shinyribs ~ August 16
Speaker Series -- Polly Oberosler  ~ August 17
Outer bike: Bike Demo ~ August 18-20
Big Mountain Enduro ~ August 19-20
Joe Pug ~ August 19
Kids Of The Gunnison Valley ~ August 22
Sketching in the Gallery ~ August 23
Historic Pub Crawl 2017 ~ August 24
Sierra Hull ~ August 25
Tito’s Blue Mesa Beach Bash ~ August 26
Gravity Slave ~ August 26
Sketching in the Gallery ~ August 30
Speaker Series -- Wild West Ghosts with Mark and Kym Todd ~ August 31

Click here for the entire Crested Butte/Gunnison Event Calendar

What's Happening in the Real Estate Market

Sales through the second quarter are up 29.9% over the same period last year and we are still seeing many properties going under contract as soon as they hit the market. Currently there are 21 single family homes on the market in the town of Crested Butte which is down from 26 at the beginning of July. There are currently only 39 active homes on Mt. Crested Butte and are beginning to see more activity since the town of Crested Butte enacted short term rental restrictions. Mt. Crested Butte has only 69 active condos which is down from 81 in July. The least expensive home in the upper valley remains a home in Crested Butte Meadows listed at $569,000. Crested Butte South currently has 13 single family homes on the market, the least expensive offered for $590,000.

In July, we had 18 single family homes and condos sales with a total of $9,539,500 in sales. Eleven of those 18 sales were single family homes. Sales in July ranged from a Mt. Crested Butte Grand Lodge Condo selling for $60,500 to a gorgeous, four bedroom Trappers Crossing South home selling for $2,100,000. With an incredible amount of buyers in town for the summer there are another 67 homes and condos under contract, representing a listing amount of $56,655,300.

We saw a jump in land sales last month as well. A total of 13 parcels sold in July, up from 7 in June, for a total of $2,472,499. Currently, another 23 parcels are under contract with a total listing price of $7,258,500. Click the link below to view our comprehensive 2nd Quarter Market Report. 

  Click here for our 2nd Quarter 2017 Report

Quarter 1 2017  Click here for our Summer 2017 Collection. 

You may search all available inventory by clicking here.

In the News 

For more community news visit my Community Blog.

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193 Larkspur Lane
Crested Butte, Colorado 81224
5 Bed | 6 Bath | 6,976 SqFt | $4,250,000
6475 County Road 740
Crested Butte, Colorado 81224
5 Bed | 2.5 Bath | 6,511 SqFt | $1,995,000
3 Lapis Lane
Mt. Crested Butte, Colorado 81225
5 Bed | 4 Bath | 4,104 SqFt | $1,569,000
450 Oversteeg Gulch Road
Crested Butte, Colorado 81224
3 Bed | 2 Bath | 1,497 SqFt | $1,475,000
10 Aspen Lane
Mt. Crested Butte, Colorado 81225
6 Bed | 5.5 Bath | 5,166 SqFt | $1,295,000
189 Wild Rose Lane
Almont, Colorado 81210
3 Bed | 3 Bath | SqFt | $1,095,000
Corey Dwan
970.596.3219
corey.dwan@sothebysrealty.com
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401 Elk Avenue
Crested Butte, Colorado 81224

CrestedButteCollection.com