June 2021 Market Update

by: Scout Walton Since our last issue published in early December, the Gunnison/Crested Butte real estate market as continued its torrid pace.  Below we consider the County-wide market and then we zoom in on the Crested Butte area.  We close with a shout out to the brokers at LIV Crested Butte, leaders in this dynamic marketplace.  Please note that unless otherwise noted, all data was sourced from the Colorado Real Estate Network multiple listing service. County-Wide Market...

Record Pace Continues for Local Real Estate Market

by: Scout Walton The Gunnison-Crested Butte real estate market continued its fervid pace in April breaking more records.  Comparing the twelve months ending April 30, 2021 to the two prior twelve-month periods, sold listing volume in 2021 grew by 78% over 2020 and 45% over 2019.  Dollar volume for this same period in 2021 more than doubled over both prior years (see Note 1 below).  Focusing in on the monthly volumes for the first four months of 2021, the story is even more...

Local Airport Starts Renovation

GUC BEGINS LONG-AWAITED TERMINAL REMODEL by: Scout Walton Construction activity in the Valley promises to reach a fevered pace this summer, and one of the larger projects underway is Gunnison County’s renovation of its terminal building serving the Gunnison–Crested Butte Regional Airport.  Thanks to a surprise funding windfall last year through the federal Covid stimulus bill, the CARES Act, architects at Gensler Associates were tasked to redesign the project to incorporate...

Our Real Estate Market Continues to Burn Hot

by: Scout Walton The Gunnison County real estate market continued its historic run as sold volumes in the quarter ending March 31, 2021, exceeded the prior year by more than double.  Even accounting for the onset of the pandemic’s suffocating effects last spring, the volume increase in the first quarter of 2021 is nothing short of extraordinary and continues the trend from recent months: shifting lifestyles from cities to the mountains due to the pandemic, urban unrest,...
June 2021 Market Update

June 2021 Market Update

by: Scout Walton Since our last issue published in early December, the Gunnison/Crested Butte real estate market as continued its torrid pace.  Below we consider the County-wide...

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