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Trish Giassa, Crested Butte, Colorado. RSPS

Crested Butte Real Estate Update - for February 2010

Crested Butte Real Estate Update - for February 2010

Crested Butte homes and condos are selling pretty well these days.

Crested Butte Mountain Resort closes on April 4th. There is lots of snow on the mountain and in our famous backcountry. If you're not here, you should plan to get here soon.

Buyer activity in Crested Butte, Crested Butte South and Mount Crested Butte is strong as we head into the season finale. Here are the details:

10 Crested Butte area properties sold since Feb 1, 2010
Total dollar volume: $3,402,831
Average sales price: $340,283
Average days on market: 225
Highest sale: 33 Buckhorn Way at $1,675,000. Built in 2002 this house has 4,291 sq ft, a truly oversized garage and stunning views. 401 days on market.

30 Crested Butte area properties are currently Under Contract to Sell
Total dollar volume: $17,259,729
Average list price: $575,324
Average days on market: 313

As always, feel welcome to call or email me with any questions.
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Crested Butte Calendar Of Events - March 2010

Crested Butte Calendar Of Events - March 2010

Ski season is in full swing in Crested Butte and there is lots to do in addition to skiing. Below is the list, for your convenience. Visit my website for more Crested Butte information, including Crested Butte real estate, home and condo listings.

4 Learn to Skate Ski for Free - Crested Butte Nordic Center

4 - 6, 11 - 13 "Sonnofagunn" an Original Play at the Gunnison Arts Center

5 First Friday Gallery Crawl & Music, Various Galleries & Locations, Gunnison

5 Alpin Hong Concert Presented by Crested Butte Center for the Arts

6 Super Tour (22.5K) - Crested Butte Nordic Center

6 - 7 Rippin Chix Steeps Camp with Alison Gannett, Crested Butte Mountain Resort

9 Western State College Firemen's Concert - Western Slope Choral Festival, Taylor Auditorium

9 - 10 Aspen Sante Fe Ballet Presented by Crested Butte Center for the Arts

13 12-Hour Nordic Race, Crested Butte Nordic Center

13 33rd Annual Red Lady Salvation Ball Presented by High Country Citizen's Alliance, Crested Butte

14 Brunch at the Yurt, Crested Butte Nordic Center

20 Progressive Bonfire Dinner (on Nordic skis or snowshoes), Crested Butte Town Ranch

18 - 20 14th Annual U.S. Extreme Freeskiing Telemark Championships, Crested Butte Mountain Resort

19 9th Annual Crested Butte Land Trust Adventure Auction & Dinner, Lodge at Mountaineer Square, Mt. CB

19 - 22 High Adventure Weekend: Ladies Getaway, Adaptive Sports Center, Mount Crested Butte

21 Al Johnson Memorial Uphill/Downhill Telemark Ski Race, Crested Butte Mountain Resort

25 ArtWalk Evening, Studios & Galleries in Downtown Crested Butte & Mount Crested Butte

25 Western State College Concert - Ensemble Vivente, Quigley Recital Hall

26 - 27 Elk Mountains Grand Traverse, Backcountry Ski Race from Crested Butte to Aspen

30 Full Moon "Dinner at the Yurt" Nordic Ski & Snowshoe Tours, Crested Butte Nordic Center

30 Western State College Concert - Damson Music Performance Competition, Quigley Recital Hall

Luxury Mountain Home in Crested Butte with Unparallelled Panoramic Views

Luxury Mountain Home in Crested Butte with Unparallelled Panoramic Views

An elegant and relaxing home in the highly desirable neighborhood of Gold Link with access to the Gold Link lift and trails in Winter and extensive biking and hiking trail system in the Summer.

Majestic panoramic mountain views overlook the oversized .83 acre property and Gold Link open space.

9 Silver Lane in Mount Crested Butte offers three master suites! All include spacious sitting areas and beautiful custom tile baths with steam showers. The main floor Great Room with soaring ceilings and a gorgeous natural stone fireplace adjoins the top-tier gourmet kitchen.

Quality finishes throughout with many custom features: sauna, hot tub, wine cellar, ironwood decks, in-floor heating, Lutron lighting, wired for sound, enclosed porch and much more. More than you'd expect at every turn. Professionally landscaped property with circular driveway and island.

An exceptional mountain home and location in Mount Crested Butte that is special and is to be treasured & enjoyed.

9 Silver Lane Virtual Tour | See all our Mount Crested Butte Listings | Crested Butte Calendar of Events

Crested Butte Real Estate Market Update

Crested Butte Real Estate Market Update

We're smack in the middle of ski season and if you're not here, in Crested Butte, you should be! The snow is great, all the lifts are spinning, the runs are groomed - or not - as the case should be, and the sun kisses our smiling faces most days. Bring the sunscreen!
There are only about 7 weeks left to ski season ... make your plans now and visit for a weekend or a week.
We have "screaming deals" and superb homes in every sector. Whether it's a luxurious mountain home or a fantastic near-the-slopes townhouse, or whatever your preference might be ... I have access to all the Crested Butte area listings - or you can search the MLS yourself in the privacy of your own home. Allow me to make it easy for you - let me find the best deals for the properties that meet your needs.

Crested Butte Mountain ResortJanuary Closings: 9
Total $ sales: $3,494,500
Average Sales Price: $388,277
High Sales Price: $825,000 (124 Whiterock, Crested Butte)
Average Days on Market: 282

Currently Under Contract
Total $ Pending: $15,450,530
Average List Price: $594,251
High List Price: $1,495,000 (5 Ruth's Road, Crested Butte)
Average Days on Market: 272

I'm available when your friends and family are in town and would like more information about the real estate market and perhaps a tour of their favorite area. I am very familiar with our Crested Butte inventory and know about the best deals, in town, on the mountain and elsewhere. I'm happy to help.

Thank you for reading. Enjoy the snow and sunshine!

Crested Butte Homes & Land | Mount Crested Butte

Crested Butte Real Estate Update - 2009 Sales

Crested Butte Real Estate Update - 2009 Sales

All in all, 2009 turned out to be a fairly good year for real estate in Crested Butte. Yes, the real estate market started out very weak in 2009, thankfully it did improve and got more interesting as it came to an end. Here are the stats:

December closings: 11
Total dollar volume: $7,904,900 Skiers in Mt Crested Butte
Average sales price: $718,627
Average days on market: 350
List price to sales price ratio: 84%
Sales over $1 million: 4 (2 in CB and 2 in Mt CB)
Sales over $2 million: 1 (12 Anthracite for $2.4 million)

The Year-In-Review Stats follow:
2009 Closings: 151
Total dollar volume: $83,391,907
Average sales price: $552,264
Average days on market: 331
List price to sales price ratio: 88%
Sales over $1 million: 20
Sales over $2 million: 7


Some notable items:
21 vacant lots sold this year, including a Mt Crested Butte Prospect ski-in/ski-out lot for $1,000,000. Look for a new house to be started there soon. 41 acres on Brush Creek Road traded for $2,325,000. And, in Crested Butte South, 6 lots sold! This is an indication that buyers are recognizing future value in investing in our communities and a good indicator of future development.
The single family home at 13 4th Streetin the town of Crested Butte, traded this Summer for $2,037,000 - at the highest sale price in Crested Butte to date.
Of the 151 real estate sales in the Crested Butte, 6 are short sales and 16 foreclosure properties. We're finding that though the banks are not pricing to "give-away" their inventory, they are pricing competitively for the most part. There are some really good deals out there.

Would you like to sign up to receive foreclosure listings for the Crested Butte area via email? There is no cost or obligation and it's easy.