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July 2014 Edition
Town Tidbits
Summer continues in the Rocky Mountains as the wildflowers move to higher altitudes and the afternoon thunder storms make their daily appearance. Cooler temperatures, amazing skyscapes and the bustling flow of visitors fill our streets. The 42nd Annual Crested Butte Arts Festival starts tomorrow and goes through Sunday. Come enjoy over five blocks of incredible art, marvelous cuisine, artist and chef demonstrations, entertainment, children's activities and art auction.
Make sure to come downtown every Sunday for the Crested Butte Farmers' Market at Elk Ave and 2nd Street, Alpineglow every Monday at the Center for the Arts and Music on the Mountain every Wednesday at the base area, both at 5:30 p.m. There is free downhill mountain biking every Friday 4-7 p.m. and the rest of the valley's trails are riding perfectly. So much to do, so little time.
Here is a brief list of August 2014 summer events:
August 1-3 ~ Crested Butte Arts Festival
August 3-4 ~ Crested Butte Open Golf Tournament
August 3-9 ~ Colorado Rocky Mountain Bike Tour
August 7-27 ~ Tour de Forks
August 15-17 ~ 27th Annual Gunnison Car Show
August 16 ~ Elk Mountain Grand Traverse - Run and Bike
August 18-24 ~ USA Pro Challenge Bike Race
August 22-24 ~ Crested Butte Wild Mushroom Festival
August 30-31 ~ The 25th Annual People's Fair
Check out these and other events at the Gunnison/Crested Butte Event Calendar
What's Happening in the Market
Our local real estate market continues to recover from a slow first quarter but has not quite rebounded as of yet. In the Crested Butte area we are down 25% which is a vast improvement over the 50% down in the first quarter. Interestingly the majority of the shortage can be attributed to a lack of sales in the single family home segment in rural Crested Butte. This segment was down over $15mil from last year. Another contributing factor is that high end sales have been slow in the second quarter as can be seen on our significant sales page in our quarterly report below. Our highest sold price to date for 2014 is $1.925mil verses $4.25mil in 2013.
Our market is steadily improving as $6.7mil of single family homes, condos and town homes have sold in July alone. With over $25mil now under contract we are on track to match last year's performance.
Click here to view our Quarterly Report.
Check Out Crested Butte in the News
Buy your CBMR Peak Pass by today and receive a free gift
RTA announces next winter's flight schedules
Which Colorado ski town has the cheapest rent?
Adventure Rally Rockies Edition
Three of the best above tree line mountain bike rides in CO
The best fishing and hunting lodges
The best Colorado wildflower festivals for summer 2014
Six months after legalzing marijuana in Colorado
 Click here for our new summer Collection.
Thanks for reading today!
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