I am pleased to announce two successful real estate closings this month in Crested Butte Colorado. We are seeing a serious spike in home and condo buying in our local market. View this month’s edition of the Crested Butte Real Estate Advisor Issue #2. Scarcity is starting impact the market in key locations and average sold prices and average sold prices per square foot are rising in places like Crested Butte South, the Town of Crested Butte and Mt. Crested Butte. My two recent sales are reflective of this trend. Additionally, pent up demand for our real estate is creating bidding war situations on certain property types. I sold the 3 bedroom townhome pictured below last week. It is located at 311 Cement Creek Road in Crested Butte South. It was a bank owned REO that hit the market in Ja... 02/28/2012

View Newsletter in a Browser The local Crested Butte real estate market continues to improve. It is still early in the new year but the promise of a solid season of real estate investment is looking good. We are trending upwards in sales volume and average sold prices are actually rising in all areas around our valley. Our sales volume has already tripled versus last year during the same timeframe and the number of transactions is up 35%.After surpassing $100 million in sales during 2011, most of it coming during the second half of the year, our market momentum continues with buyers stepping up significantly during this historically slow time for real estate sales.During the first 7 weeks of the new year, 22 homes and condos have already sold ($14.5 million) and another 30 properties ar... 02/24/2012

  Corey Dwan of Benson Sotheby's International Realty is pleased to announce the last great opportunity in the Grand Lodge has sold. Originally purchased for $143,900 this unit was just successfully sold via short sale by Seller representation for $50,000. This unit represents the last condo in the Grand Lodge in the $50k price range. With only one more unit on the foreclosure list is is evident prices will be on the rise soon. Since the beginning of 2010 23 units have sold in the Grand Lodge many of them foreclosures and short sales. The median price of these sales was $55,000. Following The Lodge at Mountaineer Square and the West Wall Lodge the Grand Lodge now pulls rank with complexes that have all but eliminated their distressed product. This is a milestone for the Crested Butte r... 02/17/2012

  Corey Dwan of Benson Sotheby's International Realty is pleased to announce the successful sale of one of his Crested Butte single family home listings. Assisting both Buyer and Seller Corey managed to sell this quaint Crested Butte home sold for $438,000. Listed for an asking price of $475,000 this sale price represents an almost 8% discount for the Buyer and a satisfactory selling price for the Seller. 116 Whiterock Avenue has three bedrooms, one full bath and 1460 sq. ft. and an extra large lot with plenty of room to expand. Corey is currently the number one Crested Butte Realtor for the amount of Crested Butte area transactions in 2011. Corey is personally invested in Crested Butte real estate and is bullish on the Crested Butte market from the perspectives of both a real estate a... 02/15/2012

  Corey Dwan is pleased to announce the successful sale of this beautiful Robert Trent Jones, Jr. Golf Course frontage lot. 525 Country Club Drive, a bank owned parcel, just sold for an amazingly great price of $145,000. With some sales of similar lots at the height of the market well over $500,000 this sale definitely represents a great opportunity for this buyer. Land values have been the hardest hit in this recent economic downturn, much more than the condo market. For summaries of the Crested Butte real estate market please visit my newsletter The Crested Butte Connoisseur. There you will find that land sales are on the rise representing a 45% increase over last year alone. Please call Corey Dwan for all of your Crested Butte real estate needs. Corey is currently Benson Sotheby's I... 01/28/2012

The Crested Butte Real Estate and Community Newsletter Brought to you by Corey Dwan of Benson Sotheby's International Realty Hi Everyone, I hope you had a great New Years! On the mountain we had a terrific fireworks display and torchlight parade of which you can see a time lapse video by clicking here. For those of you who managed to make it to Crested Butte over the holidays you enjoyed warm, sunny days on the slopes. To be honest it felt more like spring skiing than the start of winter. After six really good years of snowfall we were off to a rough start, but as with many winters in the Colorado Rockies they can arrive late and with a vengeance! Despite the slow start to the season everyone was enjoying the perfectly groomed slopes, sun and warm temperatures. With a vengeance winter h... 01/19/2012

2012 Crested Butte Community and Event Calendar JANUARY 2012 1                          New Year’s Brunch at the Yurt, Crested Butte Nordic Center’s Magic Meadows Yurt 2 – 9                         College Week, Crested Butte Mountain Resort 2 – 31                        “Apartheid’s Ghosts: The Faces” Black & White Photography by Enid Holden, Gunnison Arts Center 4,11,18,25            Wednesdays at Western State College, Different Activities/Topics Weekly, Gunnison Valley 4 – 7                        High Adventure Camp - Teens with Amputations & Limb Differences, Adaptive Sports Center & Crested Butte Mountain Resort & Ouray 4, 11, 18, 25            Acli-Mate Wednesday FUN Races (obstacle courses, sprints and mores, something different on skis each week), Jorgensen Park, Gunnison 5  ... 01/18/2012

View Channing Boucher's Newsletter OnlineReal Estate Market Momentum for 2012If the real estate market momentum we realized in 2011 is any indication of what we can expect this year, 2012 will be a good year for the Crested Butte real estate market.Consider the following:In 2011, the single, highest residential real estate sale we realized in Crested Butte was $3.125 million. This sale marked the first time since June 2007 the $3 million threshold was cracked for a home purchase at this end of the Upper East River Valley.Also in 2011, we realized over 220 sales of homes and condos from Crested Butte South to Mt. Crested Butte. This is a jump from 143 total sales in 2010. We passed $105 million in total sales volume - the first time we've done that since 2008. And, we hit this mark with ... 01/16/2012

  Corey Dwan of Benson Sotheby's International Realty is pleased to announce that by assisting both buyer and seller he has managed to negotiate an agreeable sales price for 116 Whiterock Avenue, Crested Butte, Colorado. This cute 1460 square foot single family home is located on an extra large 7500 square foot lot allowing for up to 3500 total square feet to be built. With the addition of a comfortably sized garage over 2500 square feet can be added to the main home. Situated on the quiet side of Whiterock Avenue but only a few homes away from the Mt. Crested Butte bus service this Crested Butte home has three bedrooms and one bath. Due to close soon, stay tuned.   Call Corey Dwan for all of your Crested Butte real estate needs as he specializes in luxury homes and estates, ranch and ... 01/14/2012

                                                                                                                                                                                                                 December, 2011 Issue    The Crested Butte Real Estate and Community Newsletter Brought to you by Corey Dwan of Benson Sotheby's International Realty Hi Everyone, Thank you for giving me the opportunity to work with you this year and keep you updated on the Crested Butte real estate market. It has been an honor and a most valuable experience for me. I wish you abundance, happiness and a new year filled with hope. Happy Holidays and I hope to see you in Crested Butte this winter! Watch for my newsletter at the beginning of January with the year-end totals. For now just enjoy some re... 12/23/2011

  Corey Dwan of Benson Sotheby's International Realty is pleased to announce the sale of his listing 14 Alpine Court, Crested Butte, Colorado. Located in the beautiful Skyland River Neighborhood this duplex lot with deeded fishing rights went for an incredibly low sale price of $37,500. Corey represented both buyer and seller of this bank owned parcel. This sale is the final bank owned land parcel in the neighborhood. This was a "Can't go wrong purchase" as it would be hard for the buyer to lose money on this incredible opportunity.   Listed for $39,900   Call Corey Dwan for all of your Crested Butte real estate needs. Born of the storied auction house, Benson Sotheby's International Realty continues to provide exceptional service and astute valuation for many of the world's finest and... 12/08/2011

View Complete Newsletter Here   Happy Holidays,This holiday season, folks in Crested Butte have additional reasons to celebrate! 2011 will be remembered as the year real estate investment and tourism came back to life in Crested Butte. Year to date, 199 properties have sold in the Upper East River Valley. We are on track to break $100 million in sales from Crested Butte South to Mt. Crested Butte. This is a threshold we haven't reached in over 3 years.The Town of Crested Butte reports an overall 7.5% increase in sales, lodging and restaurant tax revenues, reaching the best revenue totals we've seen since 2008! View 2011 sales tax breakdown (PDF). Up in Mt. Crested Butte the news is just as good. This past July, the town of Mt. Crested Butte collected $136K in revenues on more than $2.7... 12/06/2011

The Crested Butte Real Estate and Community Newsletter Brought to you by Corey Dwan of Benson Sotheby's International Realty For the full newsletter click here. Hi Everyone, Today is opening day at Crested Butte Mountain Resort and everyone is skiing free as CBMR celebrates their 50th Birthday. With recent snow, consistent snow making, a high of 45 degrees with sunshine, today is going to be a truly great day on the mountain. A special thanks goes out to all of my clients that have purchased or sold property in the last few years as you have made me one of the most successful real estate agents in the valley. I was the seventh highest producer out of 168 agents last year and with 29 transactions completed this year I expect to fair even better. I can truly say that it has been an absolu... 12/01/2011

  Corey Dwan of Benson Sotheby's International Realty is pleased to announce yet another parcel of land going under contract. Via Buyer and Seller representation Corey has put this very affordable duplex lot in contract. With a quick close of only two weeks this is just one more sign that the fire sales are being picked up as fast as they come on the market. This is a great investment property in the Skyland River neighborhood in rural Crested Butte. Large, corner, duplex lot facing Mt. Crested Butte that enjoys fishing rights on the Slate River and unsurpassable views of Mt. Crested Butte, Whetstone Mountain and Red Lady. Easy access to the Robert Trent Jones Jr.Golf Course, biking, hiking and the town of Crested Butte. Get this one quick as it won't last at this price. List price of ... 11/16/2011

View This Month's Crested Butte Real Estate Adviser Issue #9 OnlineGreetings from Crested Butte, The narrative is changing in Crested Butte. This summer’s tourism season was a record breaker. Sales, lodging and restaurant tax collections were way up and the number of visitors to our valley spiked like the thermometer in Texas and Oklahoma.  Custom homes starting popping up out of the ground and one of the first spec homes we’ve seen in years is under contract before it is finished. Sales of existing homes climbed in all categories and certain locations and now folks are talking in terms of a real economic rebound in Crested Butte. For portions of the Crested Butte real estate market, it is still very much a buyer’s market. Right now, home sites at Buckhorn Ranch (five minute drive to to... 10/12/2011

Benson Sotheby’s International Realty and agent Channing Boucher are pleased to announce another successful real estate transaction in the town of Crested Butte. Channing’s vacant land listing located on Butte Avenue in the prestigious Kapushion Annexation neighborhood fetched a full price, all cash offer of $775,000 yesterday. The parcel sits right on the Crested Butte Land Trust open space and nordic ski track. This sale marks the second vacant land sale on Butte Avenue in 2011. The first sale fetched $820,000 in April. For more information about the Crested Butte real estate market and other fine properties for sale, contact Channing Boucher here.For up-to-date Crested Butte real estate market information visit Channing's web site.  09/03/2011

The Crested Butte Real Estate and Community Newsletter Brought to you by Corey Dwan of Benson Sotheby's International Realty For the complete Newsletter click here.       With the arrival of cool, crisp days our beautiful valley is experiencing the beginning of the fall season. Yellow, gold and orange aspen leaves are beginning to appear as more and more summer visitors leave the valley to return home making this one of the best times of the year to visit. Historically, a very dry and cool time of the year, September holds many activities and events for you to experience along with the beautiful backdrop of the blanketed fall colors.       Crested Butte Market Update Real estate sales have continued dramatically with http://trk.cp20.com/Tracking/t.c?P1rX-LQmO-oERoM1134 sales of condos ... 09/02/2011

   Hi Everyone,  With the intensity of two weeks of wild flowers blanketing our beautiful mountain town, warm July days, free Alpineglow Monday night concerts and a prodigious amount of visitors our summer is off to a great start. If you missed the Fat Tire Bike Week, 4th of July, Crested Butte Music Festival, Bluegrass in Paradise, Wildflower Festival and Wine and Food Festival you will not want to miss the Crested Butte Art Festival August 5th through the 7th. The Crested Butte Arts Festival celebrates its 39th year in 2011. What began as an informal gathering of mostly local crafters selling their wares has evolved into one of the top 5 fine art and fine craft shows in Colorado, according to the Larry Harris List.  The Crested Butte Arts Festival is a non-profit, volunteer organizat... 08/18/2011

Benson Sotheby's International Realty and Channing Boucher are pleased to announce another successful real estate transaction. Channing's listing at Eagle Ridge Ranch located in rural Gunnison has been sold for $810,000. Channing also represented the buyer during this sale. Parcel #13 at Eagle Ridge Ranch - Ohio Creek ValleyArguably the best of Eagle Ridge Ranch homesteads. Part of the historic 4900 acre Colorado working ranch, forever protected from further development by conservation easements. Owners enjoy access to everything including prime hunting and trout fishing, 4-wheeling, snowmobiling, horseback riding, nordic skiing, hiking, and mountain biking. Sold July 2011. Visit Channing Boucher's web site for more details. 07/07/2011

            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... 05/10/2011