Crested Butte Real Estate Market Sees Major Boost in July Sales

It is sort of like going from zero to 60 in a few seconds. The Crested Butte real estate market appears to have gone from plodding down a country road to hitting the autobahn this month.                                                                                                                                                                                             So far this year, about $30 million in real estate has sold at this end of the valley. About the same amount is pending at the moment, but in the last three weeks, another $17 million in local real estate was put under contract.
“There has been a major uptick in the volume of sales and the amount of money people are spending,” said Bob Kray, a broker at Coldwell Banker Bighorn Realty. “We are hoping for more such activity during the rest of the summer.”
There has been a total year-to-date sales volume of $29,629,307 from 59 transactions between Crested Butte South and Mt. Crested Butte. The properties ranged from a $50,000 lot in Crested Butte South to a $2 million home in Crested Butte and a $3.5 million home in Mt. Crested Butte.  Click here to read the entire article.