Crested Butte Real Estate Market Update - May 5th, 2011
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Shaun Horne - Whetstone, Fall Barns, 34 x 44 Mt. Crested Butte - Spring is here! Dawn Cohen - Sherpa Cafe, 24 x 30 Hi Everyone, With one of the best starts for a ski season in years, well over 27 feet of snow on Mt. Crested Butte and over 730 inches of snow at CS Irwin Cat Skiing this truly was one Crested Butte ski season to remember. Skier visits were up 6% this year over last. Real estate sales were very impressive as well with over $27,000,000 sold this winter alone representing 72 sales in the upper valley. The average sales price, $360,678, down 33% and the median price, $241,500, down 20% from last year reflects some great opportunities were had by very savvy buyers. Cash is king and dominate...
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