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Resort Report 2019

“Crested Butte experienced another strong year in 2018. Residential sales numbers showed a slight decline due to an overall increase in price and decrease in inventory; however, we witnessed some record-breaking sales such as the highest single-family sale ever in the Town of Crested Butte – at $3.85M. This year also experienced substantial growth in land sales as more buyers turned to building. Crested Butte Mountain Resort was acquired by Vail Resorts in the fall of 2018 with the promise of much-needed improvements, so we are expecting growth to continue.”

– Cathy Benson, Broker/Owner of Crested Butte Sotheby’s International Realty

Resort Report 2018

“A truly remarkable year in our valley—the increase in dollar volume of 32.33% says a lot of the housing market in Crested Butte, Colorado! Crested Butte’s inventory has dramatically reduced without replenishment, and 66% of listings are vacant land. The decrease in inventory will push the market to build ‘new’ for the first time in 10 years, positioning the area for continued growth in 2018 and beyond.”

– Cathy Benson, Broker/Owner of Crested Butte Sotheby’s International Realty

Special Thanks to LIV Sotheby’s International Realty for designing the Resort Report and compiling all of the market data. Visit COLORADOMARKETREPORTS.COM to view all of their market reports.  You can also visit their main site at LIVSOTHEBYSREALTY.COM

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