January 2025 – Real Estate Market Newsletter

Heather Woodward

3 months ago

December 2024

Prices for single-family homes and condominiums in the Gunnison County real estate market ended 2024 strongly, rising sharply from December 2023. The median and average price of single-family houses increased by more than $1 million Yoy. Months of inventory supply dropped to 5.7 months on a YoY (-14%) and MoM (-8%) basis. Compared to previous month, when this data point was at 137 days, homes remained on the market for an average of 126 days, an 8% reduction. On average, houses were listed for 167 days in December 2023.

Key highlights are below.

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

GUNNISON
*Almont to Gunnison*

Number of Listings Sold – 24
Volume – $37,119,375
Median -$927,500
Average – $1,546,640
Under Contract – 13

Number of Listings Sold – 15
Volume – $8,666,000
Median -$540,000
Average – $577,733
Under Contract – 11

Number of Listings Sold – 16
Volume – $13,054,000
Median – $665,000
Average – $815,875

Number of Listings Sold – 18
Volume – $9,158,000
Median – $391,250
Average – $508,777

Number of Listings Sold – 13
Volume – $15,859,000
Median – $1,200,000
Average – $1,219,923

Number of Listings Sold – 9
Volume – $4,205,400
Median – $550,000
Average – $467,266

TBD Round Mountain Road, Crested Butte, CO 81224

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

Click here for January Events

Click here for February Events

Wine Seminar: Sparkling Winemaking Techniques at Center for the Arts

January 16, 2025 | 6:00 pm to 8:00 pm
Center for the Arts | 606 6th St., Crested Butte, CO 81224

Are you ready to embark on a bubbly adventure? Join the event for an unforgettable evening at the Wine Seminar: Sparkling Winemaking Techniques on January 16, 2025, from 6:00 pm to 8:00 pm. Nestled in the picturesque town of Crested Butte, Colorado, this seminar is the perfect opportunity for wine lovers to dive deep into the fascinating world of sparkling wine production. Whether you’re a budding enthusiast or a seasoned connoisseur, there’s something for everyone in this sparkling soirée!

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Fat Bike Worlds 2025

January 24 @ 8:00 am – 4:00 pm
January 25 @ 8:00 am – 5:00 pm
January 26 @ 8:00 am – 5:00 pm

The Fat Bike Worlds 2025 event, in Crested Butte, Colorado, is a celebration of adventure, camaraderie, and the growing sport of fat biking. Known as the birthplace of mountain biking, Crested Butte provided a fitting backdrop for this year’s event. With its pristine trails, breathtaking mountain vistas, and a community passionate about outdoor sports, the town welcomed riders and spectators from all over the world to its winter wonderland.

Learn 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