Crested Butte Real Estate

SALES ACTIVITY : 2017 VS. 2016

Joel & CharlieJoel Vosburg and Charlie Farnan, Real Estate Brokers.

Joel and Charlie Farnan are annual Top Producers for over 25 years in the Crested Butte real estate market. Their office is located at 211 Elk Avenue, downtown Crested Butte in the Bluebird Real Estate Building, 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

2016 vs. 2017 YTD RESIDENTIAL SALES, CONDOS, TOWNHOMES AND SINGLE FAMILY HOMES UPPER VALLEY MARKET
 January 1 to December 31 2016 – 2017 2016 2017           2017 vs. 2016
Sales Transactions/Residential/condos & townhomes 230 234                              +4
Sales Volume $ $137,560,598 $169,797,575           +  $32,236,977
Days on the Market (average/median) 282/228 211/112                       – 71/-116
Percentage of List Price to Sold Price % 94.59% 95.35%                         + .76%
Median Price $ $289,000 $497,000                   + 208,000
Average Price $ $598,089 $725,630                     + 127,541
Lowest Transaction Price $ $43,450 $60,500                    + $17,050
Highest Transaction Price $ $4,300,000 $4,500,000                + $200,000

 

CURRENT LISTINGS IN THE AREA: HOMES, CONDOMINIUMS, BUILDING SITES, LAND as of  1/21/2018

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 – 95 homes, listing value of $183,368,000, average days on the market is 276
  • Current condominiums/townhomes listed for sale in same areas above – 66 units with a listing value of $37,849,200, average number of days on the market is 200
  • Current building residential sites listed for sale in the same areas above – 196, with a list value of $137,150,500average number of days on the market is 605 – building sites include 35 acre tracts

 

SALES HIGHLIGHTS YTD, PARTIAL LIST OF SALES IN 2017: CHARLIE AND JOEL 

SALES:  CONDOS, HOMES, LAND 2017:

Total Listing Sales Volume for Charlie and Joel in 2017 = $20,837,500

A few sales highlights in 2017:

  1. Unit #301 Gateway, Mt. CB, $305,000, closed 9/8/2017
  2. Unit #403 Gateway, Mt. CB, $645,000, closed 6/28/17
  3. Unit #36 Eagles Nest, Mt. CB, $332,000, closed 4/28/2017
  4. Lot S-27, Skyland, $252,000, closed 1/6/2017
  5. Unit #G-1, Crested Mountain Condos, Mt. Crested Butte, $649,000, closed 12/6/2017
  6. 12 Morning Glory Way, Mt. Crested Butte, $955,000, closed 9/28/17
  7. 507 Gothic Ave, Crested Butte, $1,770,000, closed 2/28/2017
  8. 553 Eagle Lane, Skyland, $1,117,500, closed 10/16/17
  9. 7 Journeys End, Trappers Crossing South, $2,100,000, closed 7/2/17
  10. 59 Summit Rd., Mt. CB, $2,350,000, closed 10/11/17
  11. 143 Journeys End, Trappers Crossing South, $4,500,000, closed 6/5/17

 

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