Birdseye View | Gunnison Market Snapshot | Third Quarter 2023

The fall colors around Gunnison signify cooler temperatures, football games and hunting season. With holidays approaching, the Gunnison market is “steady Eddie.”

Demand remains strong and purchasers are absorbing available homes in normal marketing periods of less than six months. Prices of homes continue to rise through the third quarter in Gunnison at nearly $650,000 and surrounding rural areas at over $850,000. Condominium sales have slowed to 44 this year to date from 57 this time last year, probably due to affordability challenges with rising interest rates.

Land sales are consistent with 35 transactions year to date averaging just over $350,000.

Bluebird celebrated the opening of its permanent newly renovated office on Main Street this summer. Bluebird agents are leading the market with 33 listings, representing over $54 million in volume, half of which are luxury properties listed over $1 million. The firm has also contracted to sell the most expensive residential property in the history of the area.

The Gunnison community is vibrant and growing with new downtown restaurants and bars on the horizon, a new EMS station under construction for the hospital and a newly renovated regional airport. Also, Bluebird is the exclusive marketing representative for Gunnison Rising, a premier 650 acre master planned community in the early development stages.

Bluebird is grateful for its community connections and proudly supports our neighbors in causes such as the Community Foundation, Tough Enough to Wear Pink, Gunnison Trails, Gunnison Food Pantry and the Western Colorado University Foundation.

Bluebird Real Estate is the exclusive regional member of Leading Real Estate Companies of the World, the largest network of independent brokers and residential properties in the world.

View the full report with graphs here.