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Birdseye View | Crested Butte Market Snapshot | Summer 2024

Summer is here and the floral display is above and beyond. Our sustained snowfall in the spring has brought an incredible wildflower season. The Fourth of July Parade included perfect bluebird weather and an abundant turnout.

Real estate sales in the first half of the year showed steady improvement over last year. Inventory of available properties has risen to healthy levels and contributed to more activity, with 85 homes available as we start the third quarter. With 60 mountain condominiums and 149 land listings currently offered, the selection is better than it has been in five years.

Prices remain firm in most sectors, with the average price of a home in the Town of Crested Butte over $3 million and Mt. Crested Butte over $2 million. As demand for fine homes increases, there are currently 27 homes available, priced over $4 million with 13 sales over the past year.

Mt. Crested Butte condominium sales are steady with over 30 closings in the first half of the year averaging $580,000, and a 12 month supply of 60 units. Land sales are pacing modestly with 22 sales averaging $567,000 and 40 available tracts.

Bluebird leads the valley in available listings with over 110 properties, and sales to date with nearly 20% of the overall market and over $80 million in volume. With the most experienced top producing agents, the firm is grateful for expertly serving all sides of the Gunnison Valley from ranchlands to landmark estates.

We look forward to sharing the trails, the toasts and the quality times with you this summer!

Bluebird is the exclusive regional member of Luxury Portfolio International, the largest global consortium of premium properties and leading independent brokerages.

View the full report with graphs here.