Looking beyond the numbers, here are a few key takeaways from the Crested Butte real estate market.

Inventory has been steadily increasing over the past few months, signaling a shift toward a buyer’s market. Buyers now have more room to negotiate, but well-priced homes continue to attract strong interest, with some receiving full-price or even multiple offers.

CB South has been especially active. This quarter saw a 140% increase in homes sold compared to the same time last year, highlighting continued demand in that area.

Condos in Mt. Crested Butte have faced more headwinds. Rising HOA dues, driven by higher insurance and maintenance costs, have made some buyers pause. Still, condos in Mt CB offer a great price point for many buyers, and even with dues increasing, there are some good buys in the condo market.

It’s been a busy summer, and people continue to be drawn to our mountain town. It's still a place where people dream of owning a home and living the mountain lifestyle. The deep connection people feel to this valley continues to drive our real estate market.

If you’d like a more in-depth look at the Crested Butte market or would like to discuss how these trends may affect your plans, please feel free to reach out. We’re always here to help.