Crested Butte Prices in Comparison

    Have you ever wondered where Crested Butte stands on pricing comparative to other resorts? Depending where others have been shopping for a home or condo they will often comment that you get more for your money in Crested Butte. After doing some research, Crested Butte prices in comparison are in fact lower than other resorts. This is good news for anyone looking to purchase a primary or secondary home in our area. We also have shorter lift lines and are just a beautiful drive away from the front range.

     

    Vail vs. Crested Butte

    Let’s first take a look at Vail. The chart below represents median list prices between Vail and Crested Butte over the last three years. Crested Butte prices in comparison fall about $500,000 less than Vail year to date. At times, our prices have been about equal, but very rarely. Another thing to note is that Crested Butte prices have made a steady increase over the last three years. Vail’s prices are all over the place making it tough to determine the value of your investment.

    Crested Butte Prices in Comparison

     

    Aspen vs. Crested Butte

    The next resort area we’ll look into is Aspen. The chart below shows the median list price for Aspen vs Crested Butte over the last three years. As you can see, Aspen also made a gradual change until 2015 then it’s been all over the board through 2016.  Aspen falls about $1,000,000 higher than Crested Butte in median list price year to date.

    Crested Butte Prices in Comparison

     

    Telluride vs. Crested Butte

    Lastly, Crested Butte prices in comparison to Telluride. By observing the chart below you can see that Telluride’s median list price has stayed relatively steady over the last three years. However, their median list price still falls about $500,000 higher than Crested Butte at any given time. Telluride’s average days on market is on average 100 days more.

    Crested Butte Prices in Comparison

     

    After reviewing median list price and average days on market it shows the confidence a buyer should have in the Crested Butte market. One can get more for their money and the chart shows a constant increase instead of having numbers all over the place. Generally people prefer a steady market as well as lower days on market in comparison to other areas. Telluride, Aspen and Vail are 3 of the most popular ski areas, but their price tags and lift lines reflect that. Come own in a resort town with more bang for your buck and short lift lines. Contact me today!

    Trackback from your site.

    Leave a Reply