Single-family homes had a strong second quarter, with more homes selling and prices moving noticeably higher compared to last year. Much of that increase was driven by activity in the luxury market, which continues to play a major role in Crested Butte pricing. Buyers are taking more time to make decisions, but demand remains healthy, particularly for well-positioned properties. 

The condo and townhome market remained active this quarter, with sales holding steady while average prices continued to climb. Buyers have a few more options than they did a year ago, but demand remains healthy, particularly for well-priced properties in desirable locations.

Land sales slowed during the quarter, with fewer transactions and lower overall pricing compared to last year. That said, properties that are priced competitively are moving much faster than they were a year ago.

The luxury market was one of the biggest stories of the quarter. Sales volume more than tripled from last year, helping push overall market averages higher across Crested Butte and Mt. Crested Butte. While luxury buyers are taking more time before making a purchase, demand at the high end of the market remains remarkably strong.