Crested Butte & Mt Crested Butte
The Crested Butte Real Estate Market had a record-breaking 2021 year. Average Sales Price is up for all categories. Land is leading the charge with the Number of Sales up 85% and total volume up 119%. With low inventory and higher home prices, Buyers see the value in buying land and either holding or building.
Many wonder, will prices drop and/or level off? I believe Crested Butte has been found. The last few years have been exceptionally busy, and as more people come to our valley, the demand for homes will continue to be strong. This rate of growth will likely not continue at the pace it has, yet I also don’t see Crested Butte having the significant downturns it has had in the past.
If you are curious about your home value, please reach out for a free home valuation. For those looking to buy, it’s not too late – 10 years from now, you will be happy you got in the market when you did!
The Howe Group would love to share its real estate market knowledge with you. Please contact us at any time to learn more about our market. If you would like to see the latest inventory, please visit our website.