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Category: Market Reports

November 2022 Crested Butte Real Estate Market Report

November 10, 2022Frank Konsella

Last month, 54 properties sold in the Crested Butte/ Gunnison area. While this is less than last year (91), or 2020 (122!), it’s also more than every year from 2007 to 2013, and similar to 2018 as well. Low inventory continues to be a factor, although of course inventory always tends to dip at this […]

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October 2022 Crested Butte Real Estate Market Report

October 3, 2022Frank Konsella

68 sales were recorded in the Crested Butte/ Gunnison area in September 2022, a steep drop compared to 116 in 2021, but also better than the 56 we saw as recently as 2019. While interest rates continue to rise, and the real estate market shifts along with it, we still aren’t seeing an appreciable increase […]

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September 2022 Crested Butte Real Estate Market Report

September 1, 2022Frank Konsella

52 sales were recorded in the Crested Butte/ Gunnison area in August 2022- quite a bit less than 89 from last year. Dollar wise, the $49.4M still exceeded the $42.2M recorded in 2018, when 94 properties sold. Prices remain elevated thanks to low inventory- and inventory isn’t changing much and if anything is trending lower […]

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August 2022 Crested Butte Real Estate Market Report

August 15, 2022August 17, 2022Frank Konsella

Only 44 transactions were recorded last month in the Crested Butte/ Gunnison area, roughly half the number recorded in 2021. Dollar wise, however, $43M is still well ahead of the $32.9M recorded in 2020 as we began the pandemic buying cycle. I expect August sales to be down as well, but it does seem like […]

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July 2022 Crested Butte Real Estate Market Report

June 30, 2022Frank Konsella

59 properties sold in the Crested Butte/ Gunnison area in June. While that is far below the record setting 90 sales last year, it’s also right in line with the 56 sales that occurred in 2019. The Crested Butte real estate market is undeniably changing, but in my opinion we’re simply heading to something more […]

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Frank Konsella
frank@cbrealestatepro.com
970-596-7990

 

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