Erin Dellaporta

 

Market Report

The Crested Butte Real Estate Market

After 2 rather soft years in the Crested Butte Real Estate market the summer has brought a flurry of activity with 102 properties already closed since June 1st and 72 more under contract! This is a significant uptick!

Many of the other Colorado resort areas are seeing similar patterns.

Inventory remains high in most neighbourhoods and prices continue to drop - some significantly. The bargains are widespread.

Interest rates are still at historical lows, but are preticted to begin rising sooner than later. Once that happens the cost of properties will go up via the interest paid over the life of a loan.

There is a unique opportunity to take advantage of the powerful combination of motivated sellers and low interest rates. Talk about a Buyer's Market....this is it!

Crested Butte was recently ranked as the Resort within the Rocky Mountain Region that will experience the most significant growth and projected apprecation in the coming years......and.......Price points here still average 50% - 75% lower than many of the other resorts.

The ski mountain undergoes more and more renovation and improvement each season and the comments continue to be teriffic.

A once sleepy little town, Crested Butte has blossomed into an exciting, dynamic year round community and destination.

If you’ve already visited, you know that this is a unique and special place. Not many spots can rival the natural beauty and majestic splendor of the Rocky Mountains as they play together in this tranquil setting.

The Crested Butte area offers something for everyone. From ski-in/ski-out condos and homes to turn of the century Victorian charmers to 35 acre tracts with unbeatable views (and some of the best snow around), Crested Butte offers a special and unique experience without lots of hustle and bustle.

Come discover "Colorado's Last Great Ski Town" for yourself!!


Erin M. Dellaporta

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