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Short Sale Listings in Crested Butte, CO 81225

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Living in Crested Butte, CO

Crested Butte, CO is a stunning mountain town known for its outdoor recreation opportunities, charming historic downtown, and vibrant community. With a rich history as a mining town, it now attracts visitors year-round for skiing, hiking, and mountain biking. Boasting picturesque landscapes and a strong sense of community, Crested Butte is ideal for those seeking adventure and tranquility in the Colorado mountains.

Current Market Conditions in Crested Butte, CO

The real estate market in Crested Butte is currently showing a steady demand for both residential and vacation properties. With its reputation as a winter sports haven and a summer outdoor destination, buyers are increasingly drawn to the area, resulting in a competitive market with limited inventory.

Properties, especially those close to the ski lifts or downtown, have seen increases in value as more people seek to invest in vacation homes. The appeal of remote work has led many to consider moving to such idyllic settings, further fueling the demand for real estate.

Home Value Estimator For Crested Butte, CO

There are currently 4,349 real estate properties in Crested Butte, CO, with a median automated valuation model (AVM) price of $1,049,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Crested Butte, CO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Crested Butte, CO, is $1,395,490.00, with the most expensive house in Crested Butte, CO, topping out at $16,591,625.00 and the cheapest home in Crested Butte, CO, clocking in at $42,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Crested Butte, CO!

Rent Prices In Crested Butte, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Crested Butte, CO, is on a rollercoaster ride. The average rent price in Crested Butte, CO, is $1,973.00. Indeed, when looking to rent in Crested Butte, CO, you can expect to pay as little as $700.00 or as much as $4,280.00, with the average rent median estimated to be $1,920.00. The good news is that finding an affordable and desirable property to rent in Crested Butte, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Crested Butte, CO 81225 Short Sale Listings


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