Red Lady Realty - Crested Butte, CO

Our View from Elk Avenue

Second Quarter 2018 Market Report

July 13, 2018
"Summer is in full swing in Crested Butte as our visitors are returning earlier and earlier each year to enjoy the quieter days of June. The real estate market continues to march along at a solid pace. Interestingly enough with almost the same number of transaction as last year, the dollar volume in sales is down approximately 18%." Read Maggie Dethloff's full market update in our Quarterly Market Report here.


First Quarter 2018 Market Report

April 9, 2018
"The real estate market in Crested Butte continues to exhibit strength overall, currently trending at 21.5% year over year in overall sales. There is still an overwhelming lack of supply of listings, and the entry level price point continues to be the strongest area of the market." Read Diane Aronovic's full market update in our Quarterly Market Report here.


Year-End 2017 Market Report

January 15, 2018
"2017 was the seventh year in a row where real estate sales improved over the previous year. From the low of 2010, the number of transactions is up 164% and dollar volume is up 217%." To read Broker and Owner Molly Eldridge's full recap of the 2017 Crested Butte Real Estate market, view the Quarterly Market Report here.


3rd Quarter 2017 Market Report

October 16, 2017
"It continues to be all green lights in the Crested Butte real estate market with dollar volume and number of transactions at a 10 year high." For Joe's full market update and more in-depth statistics of the market through the 3rd Quarter, check out our market report available here.


2nd Quarter 2017 Market Report

July 18, 2017
"Town is as busy as ever, the real estate market is very strong, and we are in the height of our selling season."  For Sigrid’s full market update and more in-depth statistics of the market so far this year, check out our market report available here.


1st Quarter 2017 Market Report

April 11, 2017
As Diane puts it, “2017 is off to a good start in Crested Butte real estate. We continue to experience low supply and steady to increasing demand, which is switching our overall market from a buyer’s to seller’s market. In the new paradigm, we should experience rising sales prices and sellers getting closer to their listing price for their properties.” For Diane’s full market update and more in-depth statistics of the market so far this year, check out our Quick read more or view full article href="">market report available here.

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Year-End 2016 Market Report

January 23, 2017
The overall Crested Butte real estate market for the areas of Almont North ended ahead of 2015 by over $16.7m and 11 transactions. Not only are properties selling for almost 94% of their list price, the average days a property is on the market before it sells has gone down significantly. The decrease in days on market reflects the increased demand for certain property types. For a market update by Sigrid Cottrell and more detailed data for the different areas, Quick read more or view full article check out our Year-End Report.

The agents are Red Lady Realty are here to help answer any question you may have, keep you updated on market trends and assist you in selling and/or purchasing properties in Crested Butte and its surrounding areas. Contact one today!

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Countdown to the 2016-2017 Ski Season and a 3rd Quarter Market Update

October 25, 2016
Another ski season is upon us in this beautiful mountain town. Although the mountain doesn’t officially open for the season until Thursday, November 24th, town is gearing up for the return of our winter wonderland. If you haven’t done so already, don’t forget to purchase your season pass as the price goes up when the season starts.

So far, the 2016 Real Estate Market has been busy and challenging.  As you will see from our quarterly market Quick read more or view full article update, the sales volume so far is on pace with 2015.  Two indicators have improved overall: the number of days a property is on the market before it sells is down pretty significantly and final purchase prices are closer to asking prices than last year.  

Take a look at our 3rd Quarter Market Update and remember, now more than ever it is important to have a trusted adviser to keep you updated on the market and to help interpret the information you may find online.  The Brokers of Red Lady Realty are happy be of assistance.  Contact one today!
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2015 Crested Butte Real Estate Sales Start Strong

February 23, 2015

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 Quick read more or view full article 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.

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Posted by Diane Aronovic