Jesse Ebner

December Crested Butte/Gunnison Market Update

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December 2nd,

It is a balmy -10 degrees in Crested Butte this morning but the skies are blue and the sun is shining, one of my favorite parts of living in Colorado–it may be cold but the sun is still out.  The ski area opened last Wednesday and the mountain is skiing great, with 4 lifts running and 23 runs open.  CBMR is working hard on snow making and grooming to open more terrain as soon as possible, we still need some help from Mother Nature but I bet by Christmas time, she will have delivered.

There are some great options for flying into Gunnison/Crested Butte this winter.  Alaska airlines is now flying direct from LAX Wednesdays and Saturdays, American Airlines is offering daily/Saturday only flights from Dallas and United Airlines has direct flights from Chicago, Houston and Denver.  Here is the complete schedule: GUC Winter Airline Service.

December is full of fun events.  A few of my personal favorites include, the Rock on Ice Dec. 16th-20th; an ice carving competition that results in beautiful ice sculptures all over the base area, Santa Ski and Crawl December 12th; an attempt to set a world record for people in Santa costumes skiing and finally the Christmas Eve Torchlight Parade and Santa Sleigh December 24th.  Here is a full calendar of events for December: Things to Do in December.

We currently have 125 properties under contract for a total of $54,657,085 in volume.  Inventory is still on the decline in certain areas like CB South where there are only 9 homes for sale.  Land sales are still on the rise and year-to-date, we have seen 165 vacant lots sale, compared to 112 by this time last year.  November has been slightly slower in new contracts but this is very typical for the time of year.  We are on track to meet or beat the total sales volume of 2014 but have already far exceeded the number of actual transactions.

Sold Properties November 2nd-December 2nd

Almont to Mt. Crested Butte

 

Number Sold: 17
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Total Dollar Volume: $8,021,250
Average Sales Price: $471,838
Lowest Sale: $54,000 (.42 Acre Homesite in CB South)
Highest Sale: $1,200,000 (Single Family in Skyland)

Gunnison and Rural Gunnison

 

Number Sold: 17
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Total Dollar Volume: $8,134,170
Average Sales Price: $478,470
Lowest Sale: $11,770 (.30 Acre Homesite near Blue Mesa Reservoir)
Highest Sale: $5,000,000 (1,227 Acre Ranch in Ohio Creek)

New Under Contract November 2nd-December 2nd

Almont to Mt. Crested Butte

 

Number Under Contract: 62

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*32 of these new contracts are all in a new condo complex in Mt. Crested Butte called The Timbers*

Total Dollar Volume: $28,056,810

Average Listing Price: $452,529

Lowest Listing Price: $79,500 (.41 Acre Homesite in Almont)

Highest Listing Price: $3,500,00 (Single Family Home on Peanut Lake Road)

Gunnison Rural Gunnison

 

Number Under Contract: 8

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Total Dollar Volume: $2,170,500

Average Listing Price: $271,312

Lowest Listing Price: $165,000 (Single Family Home in Gunnison)

Highest Listing Price: $429,000 (Single Family Home in Tomichi Creek Subdivision)

Listing Under Contract!

930 County Road 744
Almont  

The crown jewel of Spring Creek is hitting the market this week.  Sitting on 1.68 acres on Spring Creek with  fishing and water rights, this home has it all.  Three en-suite bedrooms, in-floor heat, granite counters, stainless appliances and it is fully insulated and heated for year round use–a rare find in Spring Creek.

$699,000

Hot Deal!!!
475 Oversteeg Gulch Road
Crested Butte

$100,000 Price Improvement!

This gorgeous home sits on an elevated meadow on 35 acres overlooking a valley of Aspen trees, a stunning, unobstructed view of Red Mountain and is one of the only lots that actually borders the Gunnison National Forest. This is a very private property yet only 20 minutes from downtown Crested Butte. You can still add up to 4,000 sf to this home! Amazing hiking, hunting and horseback riding out your front door.

$1,385,000
New Listing!  
256 Elcho Avenue

  CB South

This is a fantastic opportunity to build your business in the growing CB South neighborhood.  It is a huge .38 acre building site with great mountain views and extremely easy access off of the highway. Located in the core commercial district and surrounded by several successful businesses–gas station, restaurants, liquor store and coffee shop which are all within walking distance to this lot.

$130,000

 

Jesse Ebner
Broker Associate

970-349-6693 | Fax

Keller Williams Realty
Colorado Heritage
211 Elk Avenue | PO Box 1788