January 2026 Market Report

Crested Butte Real Estate Market Update: A Shift Toward Balance in 2026

The latest Crested Butte Monthly Market Report gives us an early look at how 2026 is shaping up compared to this time last year — and the story is one of more inventory, steady pricing, and a more measured pace of sales.

Year-to-date numbers show a 44% increase in new listings compared to January 2025. That’s a meaningful jump and signals that more sellers are entering the market. For buyers, this creates opportunity and choice. For sellers, it reinforces the importance of strategic pricing and strong presentation.

At the same time, closed sales are down 32% year-over-year, and overall sales volume has decreased by 35%. This tells us that while more homes are hitting the market, buyers are moving thoughtfully. The urgency we saw in prior years has normalized into a steadier rhythm.

One of the most important indicators? Prices are holding.
The median sales price has increased 6% year-over-year to $845,000. Even with longer median days on market (145 days, slightly up from last year), properties are still achieving 96% of list price on average — a strong signal that well-positioned homes continue to command solid value.

What This Means

Crested Butte isn’t in a downturn — it’s in a recalibration.

• Buyers have more leverage and time to evaluate options.

• Sellers must be realistic and strategic.

• Pricing and preparation matter more than ever.

• Quality properties are still trading at strong values.

Markets like ours — lifestyle-driven, supply-constrained, and highly desirable — tend to stabilize rather than swing dramatically. This data reflects a healthy, more balanced environment after several years of intensity.

If you’re thinking about buying or selling this year, understanding these trends is key. The full report breaks down the data in more detail, and I’m always happy to talk through what these numbers mean for your specific goals.

👉 Read the full Crested Butte Market Report here.