Charlie and Joel, Fine Home Specialists.

Charlie Farnan and Joel Vosburg would like to announce that we have changed our franchise affiliation from Prudential Becky Hamlin Realty to Keller Williams Realty, Colorado Heritage. Our office is in the same place at 211 Elk Avenue, downtown Crested Butte, upstairs in suite C The Mountain Office. Drop by and see us – check out the view we have of the Elk Mountain Range.

Check out this link to the ELK MOUNTAIN REAL ESTATE REVIEW. We have placed a Full Back Page ad in the Review, a first class professional publication that is available everyday all over the county.

Elk Mountain Review link: http://www.elkmountainrealestatereview.com/

MARKET STATS for The FIRST QUARTER of 2013 Compared with The FIRST QUARTER  of 2012

2013 First Quarter SALES vs. 2012 First Quarter SALES in the north end of the valley including Crested Butte, Mt. Crested Butte, Rural CB and Rural Mt. CB.

1. Single Family homes sold in FIRST QUARTER 2013: 20 Compared with 12 in FIRST QUARTER 2012

• Sold Price range: First Quarter 2013 $330,000 to $2,964,000 compared with First Quarter 2012 $97,898 to $4,000,000.
• Average sales price: $870,075 in 2013  compared with $1,021,941 in 2012
• Total sales volume: $17,401,505 in 2013 compared with $12,263,298 in 2012

** Sales Highlight: 100 Snowmass Road, Unit  27B Villas, closed on 1-11-2013, 4 bedroom/5.5 bath, 3,265 finished square foot residence.   Sold Price: $700,000

2.  Condominiums/townhomes sold in First Quarter of  2013: 27 sold compared with 24 sold in 2012

• Price range: First Quarter 2013 $50,000 to $750,000 compared with $39,500 to $1,030,000 in 2012
• Average sales price: First Quarter 2013 $253,478 compared with $270,227 in 2012
• Total sales volume: First Quarter  2013 $6,843,920 compared with $6,484,450 in 2012

**Sales Highlight: 10 Links Lane, The Links at Skyland, closed on 1-10-2013, 4 bedroom/4 bath, 2,648 square foot townhouse residence in Skyland. Sold Price: $750,000

3.  Vacant land sold in First Quarter of 2013:  10 properties sold compared with 13 in 2012

• Price range: First Quarter 2013 $29,900 to $650,000 compared with $80,000 to $625,000 in 2012
• Average sales price: First Quarter 2013 $138,498 compared with $271,900 in 2012
• Total sales volume:  First Quarter 2013  $1,246,486 compared to $3,534,700 in 2012

**New Listing Price on Ranch #7  The Smith Hill Ranches: $995,000. The Exclusive Smith Hill Ranches are 35 acre parcels located between Crested Butte and Mt. Crested Butte. Minutes to Town or the Ski Area.

Under Contracts (Charlie and Joel): WestWall C103, Silver Ridge #7, Out Run #4

More Current Stats:

• Current single family homes listed for sale in CB, Mt. CB, rural CB and rural Mt. CB – 168 homes with a listing value of $206,769,100, average number of days on the market is 359 days.
• Current condominiums/townhomes listed for sale in the same areas above – 202 units with a listing value of $70,933,078 average number of days on the market is 375 days.
• Current building sites and 35 acre parcels listed for sale in the same areas above – 234 properties with a list value of $126,348,932, average number of days on the market is 697 days.

**Joel and Charlie

Source of information: Gunnison Country Association of Realtors Multiple Listing service.

MARKET STATS for 2012 compared to 2011:

2012 SALES vs. 2011 SALES in the north end of the valley including Crested Butte, Mt. Crested Butte, Rural CB and Rural Mt. CB.

1.  Single Family homes sold in 2012 vs. 2011: 68 compared to 69 in 2011

• Sold Price range: $95,000 to $4,000,000 compared with $180,000 to $3,125,000 in 2011.
• Average sales price: $760,604 compared to $910,384 in 2011
• Total sales volume: $51,721,113 compared to $62,816,560 in 2011

** Sales Highlight: 325 Homestead Road, Danni Ranch, closed on 9-06-2012, 5,897 finished square foot home, 1 bedroom separate Guest House and a 5 stall detached barn, 35.08 acres in the Danni Ranch with fishing rights in East River, private fishing pond, stables and National Forest access.    Sold Price: $2,475,000.00

2.  Condominiums/townhomes sold in 2012: 103 sold compared to 107 in 2011

• Price range: $39,500 to $1,200,000 compared with $40,500 to $863,000 in 2011
• Average sales price: $274,665  ($233,658 in 2011)
• Total sales volume: $28,290,505  ($25,001,493 in 2011)

**Sales Highlight: 24 Short Drive, Club Cottages at Skyland, closed on 6-1-2012, 4 bedroom/3.5 bath, 2,831 square foot paired residence in Skyland. Sold Price: $755,000

3.  Vacant land sold in 2012:  46 properties sold compared to 40 in 2011

• Price range:  $27,500 to $775,000 compared with $10,750 to $820,000 in 2011
• Average sales price: $232,830 compared to $183,788 in 2011
• Total sales volume:  $10,710,200 compared to $7,351,550 in 2011

**Sales Highlight: Lot D-3, Prospect subdivision, Closed on 3-30-2012, Sold Price: $625,000

More Current Stats:

• Current single family homes listed for sale in CB, Mt. CB, rural CB and rural Mt. CB – 177 homes with a listing value of $220,925,300, average number of days on the market is 341 days.
• Current condominiums/townhomes listed for sale in the same areas above – 201 units with a listing value of $71,174,403 average number of days on the market is 377 days.
• Current building sites and 35 acre parcels and 41+ parcels listed for sale in the same areas above – 240 properties with a list value of $137,576,182, average number of days on the market is 698 days.

2011 vs. 2010

SOLD STATS 2011 (compared to 2010): January 1, 2011 to December 31, 2011 vs. January 1, 2010 to December 31, 2010

2011 sales in the north end of the valley including Crested Butte, Mt. Crested Butte, Rural CB and Rural Mt. CB.

1. Single Family homes sold in 2011: 69 single family homes sold (compared to 50 in 2010)

• Price range: $180,000 to $3,125,000.
• Average sales price: $910,384  (compared to $866,040 in 2010)
• Total sales volume: $62,816,560  (compared to $43,302,000 in 2010)

** Sales Highlight: 558 Journeys End, closed on 9-23-11, 6 bedroom/6 bath, 5,761 square foot luxury residence located on the bench above town with incredible views, Sold Price: $2,875,000, listing brokers Charlie Farnan and Joel Vosburg

2.   Condominiums/townhomes sold in 2011: 107 sold  (compared to 79 in 2010)

• Price range: $40,500 to $863,000
• Average sales price: $233,658  ($334,824 in 2010)
• Total sales volume: $25,001,493  ($26,451,100 in 2010)

**Sales Highlight: Silver Ridge Unit #3, closed on 9-08-11, 3 bedroom/3.5 bath, 2,084 square foot ski-in ski-out townhome in Mt. Crested Butte. Sold Price: $825,000, listing brokers Charlie Farnan and Joel Vosburg

3.  Vacant land sold in 2011:  33 properties sold (compared to 22 in 2010)

• Price range:  $30,000 to $820,000
• Average sales price: $191,100  (compared to $243,272 in 2010)
• Total sales volume:  $6,570,300  (compared to $5,352,000 in 2010)

More Sales Highlights:

1. Prospect Lot C-26, SOLD Price $240,000
2. Plaza condominium unit #431, 2 bd/2.5 ba, SOLD Price $210,000
3. 15 Buttercup, Mt. Crested Butte, 7  bd/5 full-2 half ba, 6,327 square foot home, SOLD Price $1,300,000
4. 31 Gold Link Dr., Mt. Crested Butte, 4 bd/4 ba, 4,266 square foot ski-in ski-out home, SOLD Price $1,600,000
5. 19 Belleview, Mt. Crested Butte, 4 bd/3 ba, 1,870 square feet, SOLD Price $294,500
6. 57 Anthracite, Mt. Crested Butte, 3 bd/2 ba, 1,726 square feet, SOLD Price $618,500

Current single family homes listed for sale in CB, Mt. CB, rural CB and rural Mt. CB – 167 homes with a listing value of $194,569,200, average number of days on the market is 358 days.

Current condominiums/townhomes listed for sale in the same areas above – 218 units with a listing value of $88,175,729, average number of days on the market is 459 days.

Current building sites and 35 acre parcels listed for sale in the same areas above – 171 properties with a list value of $94,306,783, average number of days on the market is 709 days.

Source of information: Gunnison Country Association of Realtors Multiple Listing service.

**Joel and Charlie