Heather Woodward Realtor

March 2025 – Real Estate Market Newsletter

Heather Woodward

My March 2025 real estate newsletter provides a comprehensive look at the February 2025 market trends in Crested Butte and the Gunnison Valley. The market saw a slight dip in both demand and active listings compared to the previous year, with 38 new listings hitting the market and inventory supply increasing to 5.4 months. Despite these fluctuations, single-family home prices continued to appreciate, with the median price surging an impressive 62% year-over-year. I also want to spotlight my featured listing at 870 Gothic Road, Mt. Crested Butte, priced at $560,000, offering a great opportunity for buyers interested in the area.

Beyond market insights, I want to share personal life updates, including my son Luke’s hockey travels, a ski trip to Breckenridge, and time spent with visiting friends enjoying Crested Butte’s winter activities. I want to also highlight upcoming local events for March and April, to keep you updated with community happenings. Additionally, I want to share my latest blog posts about the closing weekend at Crested Butte Mountain Resort and area rental restrictions, as well as my YouTube videos featuring a budget-friendly ski condo tour and essential tips for newcomers to Crested Butte. Lastly, I also want to wrap up with my glowing client review, reinforcing my dedication to top-tier service in the real estate market.

 

 



February 2025
Gunnison County experienced a slight dip in both demand and active listings compared to the same time last year. In February, sellers introduced 38 new listings to the market, bringing the months’ supply of inventory to 5.4 months—an increase of 3.8% from the previous month. Despite these shifts, single-family home prices saw significant appreciation, with both average and median prices rising year over year. Notably, the median price for single-family homes surged by an impressive 62% compared to last year, highlighting strong long-term value growth in the market.

Key highlights are below.



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

GUNNISON
*Almont to Gunnison*

 

Number of Listings Sold – 15
Volume – $23,135,300
Median – $1,500,000
Average – $1,542,353
Under Contract – 12
 

Number of Listings Sold – 16
Volume – $7,402,500
Median – $325,800
Average – $462,656
Under Contract – 19
 

Number of Listings Sold – 15
Volume – $18,766,000
Median – $855,000
Average – $1,251,066
 

Number of Listings Sold – 12
Volume – $6,997,400
Median – $211,250
Average – $583,116
 

Number of Listings Sold – 14
Volume – $14,503,380
Median – $929,000
Average – $1,035,955
 

Number of Listings Sold – 18
Volume – $8,626,534
Median – $407,473
Average – $479,251

 

870 Gothic Road, Mt. Crested Butte, CO 81225


We officially wrapped up Luke’s hockey travel season with a weekend in Breckenridge. I have to say that I loved skiing at their resort. The town is super charming but had me longing for the slower pace of Crested Butte and Gunnison.

We also had friends from Florida visit us and we did some skiing, snowmobiling and snowshoed to the Magic Meadows yurt for dinner.

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

Click here for March Events
Click here for April Events

Closing Weekend at
Crested Butte Mountain Resort



As the 2024-2025 ski season winds down, Crested Butte Mountain Resort (CBMR) is gearing up for one last epic hurrah! Mark your calendars for April 4-6, 2025, because closing weekend at CBMR is the party to end all parties. Known for its quirky, fun-loving spirit, Crested Butte pulls out all the stops for a send-off that includes outrageous costumes, lively après scenes, and of course, unforgettable last turns down the slopes. Whether you’re a seasoned local or a visitor looking for a weekend of mountain madness, you won’t want to miss this legendary celebration!

Learn more

Crested Butte Area Rental Restrictions



Navigating rental restrictions in the Crested Butte area can feel like a moving target, especially as regulations evolve to balance tourism, housing availability, and local character. Whether you’re looking to invest in a short-term rental property or considering a long-term rental in Crested Butte, Crested Butte South, Mt. Crested Butte, or Gunnison County, it’s essential to stay informed about the ever-changing policies. As a real estate broker, I’ve seen firsthand how these regulations impact buyers, sellers, and investors, and I’m here to help you make sense of it all.

Learn more



Ski Condo for under $200K
Grand Lodge Tour in Mt. Crested Butte

Today, we’re taking a deep dive into one of the most well-known properties in Mt. Crested Butte—the Grand Lodge. Whether you’re looking for a vacation getaway, an investment opportunity, or just curious about what this place has to offer, I’m giving you the full tour! We’ll cover its location, amenities, real estate market trends, and what makes this property a great option. Let’s go!

Watch more



Living in Crested Butte, Colorado
(Things to know if you are not from Colorado)

“Hey there! Thinking about moving to Crested Butte? Maybe you’ve visited a few times and fallen in love with the charm, the outdoor lifestyle, and the small-town vibes. But before you pack your bags, there are a few things you need to know if you’re not from here! I’m Heather Woodward, a local real estate agent, and today, we’re talking the ins and outs of what it’s really like to live in Crested Butte.

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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