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    February 2024 – Real Estate Market Newsletter

    February has stormed in with fantastic conditions, clear blue skies, and exceptional skiing! It’s an excellent time to plan your visit! These months boast the best skiing conditions, in my opinion, so don’t miss out! This month is overflowing with enjoyable events like the Gothic Mountain Tour, a breathtaking backcountry ski race covering 23 miles and 5100 vertical feet around Gothic Mountain. There’s also the Great Gatsby Casino night on Friday, offering games and lighthearted gambling, including a $500 Cash Prize Texas Holdem Tournament at the Center for the Arts in CB. And let’s not overlook Move the Butte, which wraps up the month with amazing local talent. 

    Recapping January’s Gunnison County Real Estate Market

    • New listings are on the rise compared to this time last year! With a whopping 87.5% increase, January welcomed 30 new listings, marking an impressive 87.5% increase over January 2023. Month over month increase was up 15.4% from December 2023, maintaining a strong 87.5% increase year-over-year
    • Demand is also up! Pending/Under Contract listings shot up by 115.4% from last month, reflecting a strong 47.4% increase year-over-year.
    • The average price for a single-family home surged to over $2M in January, marking a significant 99% increase from December and a 42.4% jump from last year.
    • Months supply of listings decreased to 5.6 months in January, showing a positive trend in market dynamics.
    • Percent of closed price to list price saw a slight increase to 96.1%, reflecting ongoing buyer interest and market competitiveness.

    Overall, the real estate market is very active from Gunnison to Crested Butte. Whether you’re looking to buy, sell, or invest, now is the time to have conversations and put a plan in place. Reach out if I can help you at all! 

    Market Statistics Source: Land Title Guarantee Company
    Reports are based on information from CREN®, Inc. for the period shown in title.

    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
    In local events, our community is abuzz with:
    February Crafternoon
    🗓️ February 15, 5:00 pm – 6:30Pm – Gunnison Library

    2024 Live Action Oscar Shorts
    🗓️ February 16, 6:30 pm – 12:00am – 507 Red Lady Ave CB

    Mix Media Heart Mobiles
    🗓️ 1 February 17, 12:00 pm – 2:00pm – 133 E Tomichi Ave, Gunnison, CO 81230

    Gothic Mountain Tour
    🗓️ February 18, 6:00 am – 2:00pm – 620 2nd Street, Crested Butte, CO 81224

    Ceramic Planters
    🗓️ February 18, 12:00 pm – 3:00pm – 723 S 9th St

    Cooking Matters Class
    🗓️ February 21, 11:00 am – 1:00 pm – Gunnison Public Library, 1 Quartz St

    Move to Butte
    🗓️ February 22, 7:00 pm – 11:00pm – Center For The Arts

    This is Telemark
    🗓️ February 27, 7:30 pm – 12:00am – 507 Red Lady Ave CB

    Women’s Networking Night
    🗓️ February 27, 7:30 pm – 12:00am – Tully’s – 282 Elcho Ave, CB South

    Spafford:Spaffski 2024
    🗓️ February 29, 9:00 pm-11:55pm – 202 Elk Avenue

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




     

     

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