Crested Butte Collection Newsletter

May 2020 Edition

The past two months have been trying times for the Gunnison Valley but the overwhelming support of our 2nd homeowners and local businesses for those in need has been truly inspiring. I’m confident our community will stay strong and survive the coming months. May has arrived and with it brings our County’s reopening plan to spring back into action! (Click here for the full details) Second homeowners are currently welcome with a few days of quarantine and registering the number of people coming with into the county so the hospital can anticipate potential staffing needs. If you are considering a property but not yet a “2^nd homeowner” here, then make your plans to visit because starting May 27th you can vacation once again in the valley.  As we transition from winter to spring, the warm sunny days are helping to dry out the hiking and biking trails offering up more outdoor activities families can enjoy while still social distancing.  If you are in need of short term lodging for your visit, Click here to consider this recently remodeled two bedroom penthouse condo. Incredibly comfortable accommodation for up to four adults and two children.

The overall residential real estate market has fared considerably well all things considered. Sales through April are up over $13mil compared to this time last year and another $14.6mil is currently under contract. The average sales price is also up to $763,038 from $736,784 last year. Inventory, however, remains low with one fewer listing than last month.

Appreciatively,

Corey & Erin
Email     970.596.3219

Current market conditions

Despite current events, residential sales volume through April totaled $50,360,573 which is up $13,521,373 from same period last year. Number of transactions were also up (66 compared to 50). The average sales price, $763,038, is also up from $736,784. Average off of list price through April was 12% whereas last year was only 4%.

For a comprehensive view of last month’s sales and current inventory, view our May 2020 Market Report by clicking the link below.

For a comprehensive view of last month’s sales and current inventory, view our May 2020 Market Report.

View Our May 2020 Market Report

ACTIVE LISTINGS

Featured Listings

16 Hunter Hill Road, K203
Mt. Crested Butte
3 BR | 2 Bth | 1,331 Sq Ft
$625,000

5 Vulcan Street
Gunnison
4 BR | 2 Bth | 1,524 Sq Ft
$355,000

We build our business on integrity and service. The highest compliment we can receive is the referral of friends, family and business associates. Thank you for your trust.

Corey Dwan | Broker Associate | Team Leader
Crested Butte Collection

Bluebird Real Estate
211 Elk Avenue | PO Box 1788
Crested Butte, CO 81224
c 970-596-3219