As with all recent economic reports, the third quarter of 2020 was a blockbuster in Crested Butte real estate. September alone realized the most sales in one month since I started keeping track in 2008. 91 closings vs. 31 in September 2019. The previous busiest month was August 2018 with 65 closings.
The market continues to be busy with people coming into town to specifically look at property and several recent examples of well-priced properties going under contract after multiple offers within 48 hours of being listed. There are several segments of the market with little to no inventory so properties that fit the bill sell quickly.
I will be keeping a close eye on the data and the market as we move towards the new year. If you have any questions on the current market, please do not hesitate to call! - Molly Eldridge (970) 209-4234