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    April 2025 – Real Estate Market Newsletter

    April’s 2025 real estate newsletter offers a detailed analysis of the March 2025 market trends in Crested Butte and the Gunnison Valley. In Gunnison County, the average price for single-family homes declined 13% from the previous month and dropped 32% year-over-year. Despite this, market activity showed signs of recovery, with 39 new listings and a 61% increase in pending properties compared to the previous month. In Crested Butte, the median home list price was $1,699,000, reflecting a slight decrease of 0.1% from the previous year, while the median price per square foot stood at $849.
     



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    March 2025
    Gunnison County saw a decrease in prices year-over-year across both the average and median. The average price for single family homes declined 13% when compared to last month and dropped 32% when compared to last year at this time.
     
    Sellers brought 39 new listings to the market in March. Demand ticked up to 29 pending properties, a 61% increase when compared to last month.

    Key highlights are below.



    CRESTED BUTTE
    *Mt.Crested Butte to
    Crested Butte South*

    GUNNISON
    *Almont to Gunnison*

     
    Number of Listings Sold – 19
    Volume – $18,744,300
    Median – $758,000
    Average – $986,542
    Under Contract – 27
     
    Number of Listings Sold – 15
    Volume – $6,074,500
    Median – $359,000
    Average – $404,966
    Under Contract – 17
     
    Number of Listings Sold – 21
    Volume – $36,694,850
    Median – $1,375,000
    Average – $1,747,373
     
    Number of Listings Sold – 8
    Volume – $6,305,575
    Median – $761,412
    Average – $788,196
     
    Number of Listings Sold – 11
    Volume – $9,900,000
    Median – $1,125,000
    Average – $900,000
     
    Number of Listings Sold – 19
    Volume – $8,087,698
    Median – $417,683
    Average – $425,668

     
     


    Despite most saying it was a below average snow year, it was one of the best ski seasons for our family. We’ve reached this point of independence with our son, Luke. He gets to take runs on the mountain every now and then without us. When we are out together, trying to keep up with him is a full time job. This makes me reminisce over those early days of him learning how to ski and snowboard, the hot cocoa and cookies as a reward and falling asleep on the lift. Oh my heart. 💙 Time sure flies.
     
    With the ski are closed for the 2024/25 season, we are fully into our off season around here. It’s a time to get projects done around the house in preparation for summer when we are living outside all day long and savoring every ounce of what summers in the valley are like. If you haven’t experienced a summer in Crested Butte, it’s heaven. For those of you that have, you know just how amazing it is!
     
    With off season also comes a time of travel and thawing out. For our family, we are heading to Florida for some R&R, good seafood and sun.
     
    Thanks for reading!
     
    ✌🏻 Off to the beach….
     
    Heather

     

    Explore Crested Butte and Gunnison’s upcoming events! Click here to view the full calendar.

    Click here for April Events
    Click here for May Events

    Colorado’s 2% Withholding



    When selling real estate in Colorado, non-resident property owners should be aware of the state’s 2% withholding tax, designed to ensure the collection of income tax on gains from property sales.

    Learn more

    What Locals Do In The Off-Season?



    Spring’s off-season in Crested Butte & in Gunnison might not get the spotlight like ski season — but for locals, embrace a whole new kind of magic this time of year. As the snow melts and town empties out, a calm settles over the valley. This is the off-season in its truest form: quiet streets, temporarily shuttered restaurants, and a chance for those who call this place home to recharge, reset, and enjoy their town without the buzz of tourism.

    Learn more



    Adorable Mt. Crested Butte Condo
    11 Hunter Hill Road, Unit 406

    Today we are going to tour my new listing in Mt. Crested Butte located in the Mountain Edge condo complex. This adorable condo is in a  primed location and would make a great starter condo for someone.

    Watch more



    Thanks for your time and hope to see you around Crested Butte or Gunnison sometime!

    Your Friend,

    315 Sixth Street
    Crested Butte, CO 81224, USA

     

    If you got value out of this article and are thinking about buying or selling in Crested Butte or Gunnison County? Let’s chat! Whether you’re looking for market insights, a dream home, or the perfect investment, I’m here to help. Call, text, or email me anytime!

    Let’s explore your options, connect and make your real estate goals a reality.

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