Is Crested Butte, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Crested Butte has remained a Buyer's Market.
Housing Prices in Crested Butte, CO
How much do homes in Crested Butte, CO cost?
Median Sold Price
$3,057,250
$1,120/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Crested Butte was $3,057,250 in March 2024, down 36.6% from last month, and the median price per square foot was $1,120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $2.1M | N/A |
4 Bedrooms | - | $4.0M | N/A |
5+ Bedrooms | $4.8M | - | N/A |
Summary: Crested Butte housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Crested Butte, CO
How many homes are available in Crested Butte, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
121 | 132 | +9.1% |
Summary: The Crested Butte real estate market had 132 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 14 | 0.0% |
2 Bedrooms | 30 | 34 | +13.3% |
3 Bedrooms | 32 | 37 | +15.6% |
4 Bedrooms | 24 | 27 | +12.5% |
5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The Crested Butte housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Crested Butte in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Crested Butte, CO
How long does it take to sell a home in Crested Butte, CO?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
128 Days | 75 Days | -41.4% |
Summary: Homes in Crested Butte had an average of 75 days on market in Mar 2024, down by 41.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Crested Butte; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.