Welcoming 2019 with open arms.
Wishing you a peace, joy and prosperity in the New Year!
May it be your best yet.

Recap of Sales of 2018 by Area.

TOWN OF CRESTED BUTTE
22 Single Family Homes Sold. $28,663,289 total sales volume.  Down 5% in sales volume from 2017. Same number of homes sold in 2017.
Average Sold Price was $1,302,876.  Down 4.5% from 2017.
Median Sold Price was $1,100,000.  Down 12.5% from 2017.
Highest Price Paid: $3,850,000  Up 29.5% from 2017.  **New record sales high to date
Lowest Price Paid: $455,839 (Deed restricted home).   0% change from 2017.
Average Price Per Sq Ft: $589.  Up 5% from 2017.
Highest Price Paid Per Sq Ft: $945.  Up 11.5% from 2017.

MOUNT CRESTED BUTTE
32 Single Family Homes Sold. $34,447,750 total sales volume.  Up 12% in sales volume from 2017.  Up 6.5% in units sold compared to 2017.
Average Sold Price was $1,076,492.  Up 6.7% from 2017.
Median Sold Price was $963,750.   Up 8% for 2017.
Highest Price Paid: $2,365,250.  Down 30% from 2017.
Lowest Price Paid: $415,000 (Deed restricted home).  Up 1.3% from 2017.  **New record sales high to date for this category/ deed restriction.
Average Price Per Sq Ft: $364.   Up 9% from 2017.
Highest Price Paid Per SFT: $663.  Up 21% from 2017.

RURAL CRESTED BUTTE
32 Single Family Homes Sold. $42,096,500 total sales volume.  Down 26% in sales volume from 2017.  Down 16% in units sold compared to 2017.
Average Sold Price was $1,315,515.   Down 12% from 2017.
Median Sold Price was $1,137,500.   Down 10% from 2017.
Highest Price Paid: $3.4M  (incl. 35+ acres of land directly on East River).  Down 24% from 2017.
Lowest Price Paid: $89,000 (400 Sq Ft cabin in Schofield Pass/ Seasonal access).
Average Price Per Sq Ft: $390.   Down 14% from 2017.
Highest Price Paid Per Sq Ft: $822.65.  Down 45% compared to a record sale from 2017 which retrieved over $1,500/Sq Ft

CRESTED BUTTE SOUTH
21 Single Family Homes Sold. $14,507,144 total sales volume.   Up 21.5% in sales volume from 2017.  Up 14.3% in units sold compared to 2017.
Average Sold Price: $690,816.   Up 8.5% from 2017.
Median Sold Price: $660,000.   Up 8% from 2017.
Highest Price Paid: $974,000.   Up 5.6% from 2017.
Lowest Price Paid: $480,000.   Up 12% from 2017.
Average Price Per Sq Ft: $287.   Up 4.4% from 2017.
Highest Price Paid Per SFT: $399.   Up 15.3% from 2017.

*Rural Crested Butte is considered the following areas: Washington Gulch Road, Meridian Lake Meadows, Red Mountain Ranch, Star Mountain Ranch, East River Ranches, Gothic Corridor, Skyland, Riverland, Riverbend, the Bench/Journey’s End, Trapper’s Crossing, etc. prior to reaching Almont.

The associates at Bluebird Real Estate collectively have 119 active listings surpassing $138M in listing volume. We closed $78.8M in total sales volume during 2018 (not including pending transactions). If you’re looking to buy or sell, please contact me for more insight on the real estate market. Your referrals are the highest compliment I can receive. I’m honored to help your friends and family.

Thank you for reading today. Please share with this information with others who will find this helpful, and as always, contact me anytime to discuss the real estate market and other opportunities in greater detail.
Have a wonderful year and winter season! I look forward to seeing you.