Celebrating my 47th year in sales and service helping buyers & sellers with their real estate goals - all here in the Gunnison Country!
Winter is off to a great start here in the Gunnison Country! We are definitely experiencing warmer than usual temperatures. Blue Mesa Lake is not yet frozen over! Although, we did receive several strong storm systems the past few weeks that brought excellent precipitation across the entire county. Data from the north end of the valley shows that visitor numbers continue to outpace last year with upcoming holiday weekends being our busiest dates.
Gunnison County property remains in high demand with the Gunnison area market outpacing our neighbors in Crested Butte. Currently there are 37 properties under contract totaling $41,843,033. Four of those properties going under contract are MINDY sales just opening escrow this past week; including my Lake City Cutoff Road listing! We are seeing more listings entering the market for the winter selling season. However, the lack of available inventory continues to be one of the largest challenges to interested, highly qualified buyers ready to buy now. Mortgage rates have remained fairly consistent over the past couple of months. Today’s average for a 30 year fixed rate is 7.428% APR; down slightly from 7.493% APR at the beginning of January.
If you are considering buying or selling, or would like more information regarding this current market, we are offering several new and different sales strategies that are working well. Feel free to reach out to me or stop by our new office at 218 N Main Street for a hot cup of coffee, hot chocolate, tea, or a cold drink! We can sit down and visit about your future real estate goals.
Thank you for reading the February MindyGram. And, don’t forget your SweetHeart this February 14th, Valentine’s Day! We looking forward to seeing you in MindyLand soon!
Mindy Costanzo
Bluebird Real Estate
Broker Associate
(970) 209-2300
This Month's Featured Listing
Green Mesa Ranch
Situated in the picturesque Quartz Creek Valley in Parlin and just 15 minutes from Gunnison, this 12.4 acre homesite boasts the unique privilege of being intersected by over 550 feet of Quartz Creek. This renowned trout stream gracefully winds its way through the entire ranch providing exclusive fishing rights for owners and their guests.
MindyLand Market Briefs
Gunnison Market Update
From our MLS feeds we can see that here in the south end of the valley we closed out December with $119.1M in residential sales volume year to date; putting us $32.7M above the sales volume at this time last year. Another $13.8M is currently under contract putting us on track for another great year in real estate!
This year’s average sales price is also up an incredible 17.5% to $651,073 from $536,981 and inventory continues to move rather quickly. We remain in the throws of a strong Seller’s Market due to the lack of homes and land now on the market.
*CREN MLS - this information is deemed reliable, but not guaranteed.
Crested Butte Market Update
Sales in the north end of the valley have slowed ever so slightly. We closed out December with $283.7M in sales volume year to date. That puts us $25.6M below the sales volume at this time last year; however another $19.6M is currently under contract.
The average sales price is up 16.6% to $1,432,930 from $1,194,413 with available inventory being the biggest challenge in the north end of the valley as well.
*CREN MLS - this information is deemed reliable, but not guaranteed.
MindyLand Update
Under Contract
Gunnison Country News
Upcoming Events
Februay 3: Annual Pet Expo
February 3: Alley Loop Nordic Race
February 10: 42nd Annual Wall to Wall Fundraiser
February 24: TETWP Songwriter Shuffle
February 28: GVWN Women's Networking Night
For additional local events, visit the Community Info page on our website.
Interesting Reads
Thank you for reading our February MindyGram. We looking forward to seeing you in MindyLand soon!