Our View from Elk Avenue
2015 Crested Butte Real Estate Sales Start Strong
The Crested Butte real estate market is doing well in early 2015. The chart above shows the overall sales volume from Almont north through 2014, and we are steadily rising, hoping to get back to 2007 levels in the near future. One of the big differences between our current sales and those in the past few years is the lack of listings we are experiencing now. Of the 22 single family homes currently listed in the town of CB, 5 are under contract, with more offers being written continually. CB South has only 5 single family homes listed - the fewest we have seen in decades. There is more building going on with fewer already built options, and I anticipate higher prices for homes will come in the near future. In fact, I hope that our listing pool expands in the spring, and if not, look for higher prices this summer.