COLLECTION – Winer ’17/’18
We are excited to inform all about the change and uptick in the market. Our overall sales volume for the upper East River Valley has increased a staggering 41.2% year to date. We noted in our Q2 – Quarter Report about the influx of new people discovering Crested Butte, as well as Colorado, yet these numbers are almost stupefying. The first quarter of the year was slightly down from 2016, thus this entire growth has happened during the second, third and fourth quarters of 2017.
Rural Crested Butte single family homes and lots are both up 127% compared to last year. Condos in Mt. Crested Butte sales volume numbers continue to grow over the last year and a half. This summer land has also started to rebound as the average price of residential properties continue to increase year over year.
There are 59 pending contracts with a listing value of $31.8 million. We will end the 2017 calendar year over the quarter of a billion dollar mark for the upper valley for the first time in our history.
At Crested Butte Sotheby’s International Realty, we continue to lead the real estate market for the seventh straight year and almost double our competition in number of transactions and sales volume. Contact our firm to see what our brokers can do to sell your property this winter.