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Stats and Facts, First Quarter 2012 Stats – check them out

 

Charlie and Joel, Fine Home Specialists.

 

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 First Quarter 2012 (compared to 2011): January 1, 2012 to March 31, 2012 vs. January 1, 2011 to March 31 2011.

2012 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 of 2012: 11 single family homes sold (compared to 8 in 2011)

  •   Price range: $289,900 to $4,000,000.
  •   Average sales price: $1,105,945  (compared to $844,750 in 2011)
  •   Total sales volume: $12,165,400  (compared to $6,758,000 in 2011)

** Sales Highlight: 105 Bear Scratch, Lot D-5 Prospect, closed on 1-06-2012, 5 bedroom/5 bath, 2 half baths, 6,522 square foot luxury residence located in Prospect subdivision in Mt. CB, Sold Price: $4,000,000

2.  Condominiums/townhomes sold in First Quarter of 2012: 24 sold  (compared to 22 in 2011)

  •    Price range: $39,500 (Skyland lodge unit) to $1,030,000 (WestWall unit)
  •    Average sales price: $270,227  ($257,685 in 2011)
  •    Total sales volume: $6,485,450  ($5,669,078 in 2011)

**Sales Highlight: C-305 WestWall Lodge, closed on 1-26-2012, 3 bedroom/3.5 bath, 2,563 square foot ski-in ski-out Condo in Mt. Crested Butte. Sold Price: $1,030,000

3.  Vacant land sold in First Quarter of  2012:  13 properties sold (compared to 5 in 2011)

  • Price range:  $80,000 to $625,000
  • Average sales price: $271,900  (compared to $255,220 in 2011)
  • Total sales volume:  $3,534,700  (compared to $1,276,100 in 2011) 

**Sales Highlight: Lot D-3 Prospect sold for $625,000, closed 3-30-2012, Listing Brokers Charlie Farnan and Joel Vosburg.

More First Quarter Stats:

  • Current single family homes listed for sale in CB, Mt. CB, rural CB and rural Mt. CB – 180 homes with a listing value of $208,233,920, average number of days on the market is 344 days.
  • Current condominiums/townhomes listed for sale in the same areas above – 207 units with a listing value of $79,363,848, average number of days on the market is 474 days.
  • Current building sites and 35 acre parcel listed for sale in the same areas above – 239 properties with a list value of $144,971,283, average number of days on the market is 726 days.

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

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 parcel 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.