Category: Blog

49 properties in the area sold last month, slightly less than the 52 transactions from 2023, but obviously quite similar. Overall, much of 2024 has been quite similar to 2023. Inventory is rising ever so slightly, as are the days on market but for the most part the market has been quite static. Mortgage rates […]

36 property transactions were recorded in June 2024 in the Crested Butte/Gunnison area. This is the smallest number in 10 years. As has been the case for quite some time, the combination of high prices, high interest rates, and very low inventory are to blame for the low sales volume. That said, for the first […]

29 properties closed in the Crested Butte/Gunnison area in March 2024, roughly the same as 2023 (27). This continues the trend of low sales volumes, especially compared to the Covid boom years like 2021. With very little inventory and buyers that are willing to wait for the perfect property and be picky given both higher […]

32 properties were sold in the Crested Butte/ Gunnison area in December 2023- more than the 22 recorded in 2022. Given the lack of inventory, high interest rates, and traditionally slow time of year with the holidays, this shouldn’t be too surprising. The median price across our entire MLS area rose 22% in 2023 compared […]

35 properties changed hands in November 2023 in the Crested Butte and Gunnison area. This is below the total of 37 in 2022, and far below the record of 92 in 2020. Given the lack of inventory and high interest rates, this shouldn’t be too surprising. The good news is that while rates briefly exceeded […]