Heather Woodward Realtor

Market Update – March 2023

Crested Butte is an exciting destination for people who enjoy outdoor activities and winter sports. They provide excellent skiing and snowboarding conditions for visitors. Crested Butte Mountain Resort has terrains suitable for all levels of skiers, from beginners to experts. Besides winter sports, visitors can also explore the town’s attractive shops, galleries, and restaurants or take a snowshoe hike through the stunning mountains. March is a great time to visit Crested Butte because there are many things to see and do.

 

 

Disclaimer: Please note the data above reflects February 2023.

 

The number of single-family homes available for sale in February 2023 has decreased significantly compared to the previous year, with only 4 new listings. The reason for this decline could be a decrease in demand for housing or an increase in housing costs, or a combination of both factors. On the other hand, the number of homes sold has increased by 3 properties compared to the previous year. Additionally, 3 Townhouse/Condo properties were sold in February with an average sales price of $475,248, which is a positive indicator of a thriving and growing housing market in the local area.

 

 

Disclaimer: Please note the data above reflects February 2023.

 

During February, the number of new listings for Single Family homes has decreased by 5 compared to the same period last year, and the number of closed sales has also decreased by 1. However, there are still 54 available properties, including Single Family homes, townhouses, and condos, with an average sales price of $1,480,750 for Single Family homes and $1,337,000 for Townhouse/Condo properties. Therefore, it’s an excellent time to invest in real estate in the region.

 

 

Disclaimer: Please note the data above reflects February 2023.

 

The average sales price of townhouse-condo properties sold this year stands out at $493,690, and there are currently 39 properties available for sale in the market, offering a variety of choices that could appeal to those interested in real estate investment.

Almont

Cimarron

Crested Butte

Crested Butte South

Gunnison City

Kebler Pass

Lake City and Area

Mount Crested Butte

Powderhorn

Quartz Creek

Rural Crested Butte

Rural Gunnison

Rural Mount Crested Butte

 

Check out the link of the Market Update – February 2023, to learn more about last month’s stats.

If you are thinking about making a real estate purchase or if you are ready to sell, let me buy you a cup of coffee and let’s discuss Crested Butte’s potential. Who do you know that wants to buy or sell a property? Let the Heather Woodward Team help. You can contact me on my cell phone (970)596-1394 or send me an email at Heather@HeatherWoodwardRealtor.com.

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