February 2025 – Real Estate Market Newsletter

Heather Woodward

2 months ago

February 2025 is here, and with it comes a fresh dose of Crested Butte and Gunnison County real estate insights! In this edition, we’re diving into January’s market stats—breaking down sold listings, average sales prices, and what it all means for buyers and sellers alike. Plus, don’t miss my latest real estate predictions video, upcoming Crested Butte events, glowing client testimonials, and, of course, this month’s must-see featured listings. Whether you’re looking to buy, sell, or just stay in the know, this newsletter has everything you need to navigate the market like a pro. Let’s make February a month of smart moves and exciting opportunities!

January 2025

In January 2025, the Gunnison County real estate market began the year with declines in both overall inventory and demand (pending sales) compared to the previous year. The months supply of inventory dropped to 5.2, reflecting a 9% year-over-year decrease. A total of 25 homes went under contract, down 11% from January 2024. However, this marked a significant 92% increase from December, which had just 13 pending sales. New listings also saw a substantial month-over-month rise, with sellers adding 33 homes to the market—nearly double the 17 new listings in December.

Key highlights are below.

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

GUNNISON
*Almont to Gunnison*

Number of Listings Sold – 17
Volume – $31,196,000
Median -$820,000
Average – $$1,835,058
Under Contract – 20

Number of Listings Sold – 15
Volume – $8,228,000
Median -$496,000
Average – $548,533
Under Contract – 17

Number of Listings Sold – 13
Volume – $14,839,400
Median – $660,000
Average – $1,141,492

Number of Listings Sold – 16
Volume – $12,332,984
Median – $359,251
Average – $770,811

Number of Listings Sold – 11
Volume – $12,163,050
Median – $865,000
Average – $1,105,731

Number of Listings Sold – 14
Volume – $5,300,969
Median – $292,977
Average – $378,640

6 Emmons Road, Unit 181, Mt. Crested Butte, CO 81225

18 Buttercup Lane, Mt. Crested Butte, CO 81225

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

Click here for February Events

Click here for March Events

Meet the Team

Success in real estate is rarely a solo journey. It takes a dedicated, skilled, and efficient team to provide top-notch service and ensure smooth transactions. As a licensed Broker Associate, I am proud to have an incredible team supporting me—each member playing a vital role in delivering excellence to our clients.

Learn more

BHHS Award: 2024 Chairman’s Circle – Platinum Agent

Heather Woodward, a distinguished real estate professional based in Crested Butte, Colorado, has been honored with the 2024 Chairman’s Circle Platinum Award by Berkshire Hathaway HomeServices (BHHS). This prestigious accolade is awarded to individuals or teams who go far and beyond particular standards set by BHHS, thus placing Heather in the top 1%.

Learn more

My Real Estate Predictions for 2025

In this video, we’re diving into my real estate predictions for 2025. Whether you’re buying, selling, investing, or just curious about where the market’s heading, this video has something for you. I’ll break it all down: trends, challenges, and opportunities—and yes, I’ll even bust a few myths along the way.

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.