Click Here if you are having trouble viewing this email. | Visit Crested-Butte-Real-Estate.com
| Crested Butte Market Update - Q1 Recap |
April 2007 Edition
|
The first quarter of 2007 was steady for the Crested Butte real estate market. 20 pieces of land sold ($8.5 million) at this end of the valley with Buckhorn Ranch seeing the most demand for vacant land. We saw 42 residential real estate sales ($20 million) with an average sale price of just over $480,000. This is interesting because we've started 2007 with sales activity at the lower end of the market place versus what seemed like nothing but million dollar deals last year.
We are realizing demand for Crested Butte South single family homes again and the glutted Mt. Crested Butte condo market came alive in the last few months. Perhaps it was the aggressive sale activity with CBMR's Cimarron launch that spurred a number of Mt. Crested Butte sales including 4 Grand Lodge condos and 4 Pitchfork properties.
Commercial property sales in the Town of Crested Butte reached over $4 million proving that investors remain bullish on our local economy and the future of our resort.
Read this Crested Butte Real Estate Letter article on buying a vacation home. I borrowed it from Christine Karpinski at SheKnows.com . Its chock full of great tips and information about why now is the perfect time to buy a second home - almost a must read before you buy (or sell).
Thanks for reading today!
Channing Boucher
EagleBrooke Realty | 970-596-3228 | 866-349-9180
 |
Prime Commercial Real Estate Opportunities Unit 141 Majestic Plaza - $749,000 2011 sft - Real Estate Only Unit 142 Majestic Plaza - $799,000 1735 sft of Real Estate plus business View 360 Tour |
 |
|
Single or Multi Family Lots in the Town of CB Attention builders, great opportunity in Crested Butte. Go single family or build a duplex. Lot is in mature neighborhood, near Crested Butte school. $639,000 | Learn More |
 |
|
New Listing Cebolla Hot Springs Ranch
35 acre, deeded parcel and shared ownership of this massive Colorado hot springs ranch (690 acres, 3 acre pond, private fishing on the Cebolla) $269,000 | Learn More |
 |
|
Crested Butte Fractional Opportunity Great way to own in the Town of Crested Butte and enjoy a great mountain getaway. $450,750 for each of a total of only 4 shares. View 360 Tour |
 |
| Contact Broker Channing Boucher at 970-596-3228 EagleBrooke Realty 319 Elk Ave. Somrak Plaza Bldg. Crested Butte, CO 81224 ChanningBoucher.com - all rights reserved - © 2007 |
 |