Market Update from Crested Butte
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Hello from Crested Butte, The scarcity is real around these parts. If you are shopping our market currently you are aware of the limited inventory situation. There are only 27 homes listed for sale throughout the Upper Valley marketplace ranging from the low end for a 1971-built house in Mt. Crested Butte listed at $1.575 million to the top of our market for a 9,169 SF mansion listed for just under $10 million at Skyland. Right now, only 17 condos and townhouses are listed for sale ranging from the low end for a $162 thousand Grand Lodge condo-tel unit at the ski resort to a brand new duplex unit located in the town of Crested Butte listed for sale at $2.685 million. I believe this is the first time in our history we have more homes than condos on the market. Year-to-date we've w...
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