Crested Butte Real Estate

SALES ACTIVITY: Snap shot of first 6 months of 2016

Charlie and Joel, Real Estate Brokers.

Charlie Farnan and Joel Vosburg have attained Gold status every year with Keller Williams Realty, which ranks them as top producers in the Crested Butte area. They have been Top Producers for over 25 years in the Crested Butte real estate market. Their office is located at 211 Elk Avenue, downtown Crested Butte, upstairs in suite C – The Mountain Office. 

Give us a call and let us put our proven record to work for you. Whether you are buying or selling we will deliver the best service and results, we have been top producers in the Crested Butte area for over 30 years.  Our office is located 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: Elk Mountain Real Estate Review

First 6 months YTD RESIDENTIAL SALES, CONDOS, TOWNHOMES AND SINGLE FAMILY HOMES UPPER VALLEY MARKET
 January 1 to June 30 2015 2016         2016 vs. 2015
Sales Transactions/Residential/condos & townhomes 78 101                             up 23
Sales Volume $ $45,447,661 $61,159,173             up $15,711,512
Days on the Market (average/median) 337/243 269/216                        – 68/-27
Percentage of List Price to Sold Price % 92.82% 95.43%                       up 2.61%
Median Price $ $429,000 $350,000                  dn $79,000
Average Price $ $582,662 $605,536                  up $22,874
Lowest Transaction Price $ $47,500 $43,450                   dn $15,750
Highest Transaction Price $ $2,750,000 $3,300,000               up $550,000

 

CURRENT LISTINGS IN THE AREA: HOMES, CONDOMINIUMS, BUILDING SITES, LAND as of  6/30/16

Rural CB and Rural Mt. CB are the surrounding areas i.e., Skyland, Meridian Lake, Trapper’ Crossing, Red Mountain, Smith Hill Ranches, etc.

  • Current single family homes listed for sale in CB, Mt. CB, rural CB and rural Mt. CB – 136 homes, listing value of $232,775,548, average days on the market is 198
  • Current condominiums/townhomes listed for sale in same areas above – 126 units with a listing value of $54,332,140, average number of days on the market is 341
  • Current building residential sites listed for sale in the same areas above – 226 compared, with a list value of $137,804,247average number of days on the market is 631

 

SALES HIGHLIGHTS YTD, PARTIAL LIST OF SALES IN 2016: CHARLIE AND JOEL 

HOMES:

  1. 29 Summit Road, Mt. Crested Butte, $2,250,000, closed 1/4/2016
  2. 16 Walking Deer Lane, Mt. Crested Butte, $2,100,000, closed 3/8/2016
  3. 10 Sunflower Dr., Mt. Crested Butte, $875,000, closed 4/28/2016

CONDOS:

  1. Unit 240, The Plaza, Mt. Crested Butte, $349,000, closed 2/29/2016
  2. WestWall unit #A-207, Mt. Crested Butte, $950,000 – closed 6/13/2016
  3. Lodge at Mountaineer Square #322, Mt. Crested Butte, $500,000, closed 3/31/2016
  4. Lodge at Mountaineer Square #509, Mt. Crested Butte, $533,500, closed 5/23/2016

 

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