As we embrace the final days of March, we find ourselves in the midst of Colorado’s snowiest month. I am always surprised by this even after living here for 20 years now. But it is true – March is Colorado’s snowiest month!

For skiing and snowboarding lovers, there’s still time to hit the slopes! With the resort season winding down on April 7th, now’s the perfect opportunity to squeeze in those last runs before the snow gives way to the forthcoming wildflower season.

As we transition into the mud season and the onset of off-season activities, it’s the time when locals take a breather and head south to thaw out, restaurants offer enticing deals or close until May/June-ish. There’s still plenty to do and explore.

From hiking trails at the south end of the valley to cozy cafes in Crested Butte, there’s no shortage of ways to savor the slower season that April and May bring.

As your trusted real estate advisor, I’m here to assist you with any questions or needs. Whether you’re considering buying, selling, or simply exploring the market, I’m dedicated to helping you navigate the real estate landscape.

Don’t hesitate to reach out—I’m here to help you make the most of Colorado’s distinctive seasons, both on and off the slopes.

Recapping March’s Gunnison County Real Estate Market

In February 2024, Crested Butte and Gunnison Valley’s real estate market showed robust growth:

– Average Sold Price: $760,361 (+31.9%)
– New Listings: 313 (+13.4%)
– Active Listings: 1,304 (+23.3%)
– Under Contract: 240 (-5.9%)
– Sold Listings: 201 (+10.4%)
– Average Days on Market: 130 (+7.4%)
– Months Supply: 4.2 (+35.5%)
– Avg. Price per Sq. Foot: $368 (+12.5%)
– Dollar Volume of Closed Sales: $152,072,114 (+44.9%)

Overall, there was significant growth in average sold price, new and active listings, price per square foot, and closed sales volume. However, properties under contract decreased slightly, and days on market increased.

Stay tuned for more updates, exciting property listings, and insider tips to make the most of your mountain living experience. Wishing you a season filled with joy, adventure, and the warmth of this incredible community!

Local Events

Public House Presents: SunSquabi
🗓️ March 30, 9:00 pm-11:55 pm
📍 202 Elk Avenue

SunSquabi is back at the Public House Saturday March 30th 2024!! Music brings us to our feet literally, figuratively, and spiritually.

March Meltdown
🗓️ Mar 30, 2024 1:00 pm – 6:00 pm
📍 Jose Crested Butte

Come Party with the Matchstick crew Crested Butte Mountain Resort to help benefit our friends Crested Butte Avalanche Center and celebrate the end of the season!

Aprés Ski, Music at A Bar Above
🗓️ Mar 30, 2024 3:00 pm – 6:00 pm
📍 620 Gothic Rd Suite C130 Mt Crested Butte, Colorado

Set list: Mustang Sally Wilson Pickett Not Fade Away Buddy Holly Althea Grateful Dead Love Potion #9 Jerry Leiber & Mike Stoller Superstition Stevie Wonder Drift Away In My Life The Beatles

Crested Butte Mountain Theatre Auditions
🗓️ Mar 30, 2024 6:00 pm – 8:00 pm
📍Gunnison County Library, 1 4th St, Gunnison

Auditions for Actors for two different plays: “MOURNING THE LIVING” by Mickele Hogan & “LOVE LETTERS” by A.R. Gurney. Both of these plays will be staged readings.

The Grand Traverse
🗓️ Mar 31, 2024 12:00 am – 5:00 pm
📍620 2nd Street, Crested Butte, CO 81224

The Elk Mountains Grand Traverse was conceived by Jan Runge in the 1990s. The race’s genesis was partially based on the historical mail routes that connected the Colorado mining towns of Crested Butte and Aspen in the 1880s.

Save the dates and make the most of March in Gunnison and Crested Butte. Share with friends to spread the word!

— Deferring Maintenance —

I get it. Ongoing maintenance is annoying but it’s part of homeownership. If you don’t tackle it, these things start to add up over time.

I am telling you from my experience, a buyer can sniff out a property that has deferred maintenance.

➡️Either they are going to avoid making an offer or they are going to negotiate a steep discount they are going to negotiate a steep discount preventing you from getting top dollar.

Here are just a few of my recommendations:

1. Heating systems checked regularly. Yearly is fine. Every two years at min. Murphy’s Law exists, especially here at 9000ft, so if your heat it going to go out, it is going to be on a -40 degree night. Every time.

2. Check for any leaks. Under sinks, behind the washing machine and hot water heaters. If you have a crawlspace leaks will often times show their ugly face in these areas as well.

3. Roof maintenance. If your roof is more than a few years old, chances are that some of those roofing screws have come loose. Over time ice can build up and pull those screws out potentially causing a leak. Call a professional have them inspect.

4. Test and/or change smoke/carbon monoxide detectors. Side note: here in Colorado you have to have carbon monoxide detectors if you have and attached garage, a wood burning stove/fireplace and/ fueled appliances.

5. Pump and inspect your septic system. We have a county regulation that all septic systems have to be pumped and inspected, an application of compliance filled out and paid for before the county will transfer ownership to a new buyer. I always advise my sellers on septic systems to get this done as soon as we list (or before) especially if it is in the spring, summer or fall. It is more expensive to take care of this in the winter with snow removal as an added cost.