Steamboat Springs Real Estate News and Much More!

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

 

Oct. 31, 2017

Happy Halloween and Here's a Market Update-Steamboat Springs

It's that time of the year again, when all of the local goblins dress up and attend the Halloween stroll downtown. Where else can you go, where they close down a highway in order to celebrate Halloween? This event is for kids of all ages and this town has some serious creativity when it comes to clever costumes. Even if you don't dress up, it is super fun to attend.

In real estate news, September was an active month especially for the higher-end sales. Melissa Gibson from Land Title reports:"September was another great month in Routt county with 179 Transactions and $92.6M in Gross Volume.  That is the 3rd largest Gross Sales Volume month we have seen in 9 years!  Attributing to those numbers were 23 sales over $1M!   It is great to see all those upper-end transactions since that part of the market was a bit soft over the summer.

Total sales volume was up by +15% compared to last September, with the YTD. at +21.63%.  Transactions were also up by +1.74% compared to last September, with the YTD. at +7.63%.

Snapshot values are as follows:
Average Price:
Single Family: -2%
Multifamily: +14%
Vacant Land: +51%

There were a total of 166 DOT recordings in September, with 59% of purchasers closing with financing at the time of sale, and with 41% closing with cash.
New Unit Sales were up with 5 in September, compared to 2 August.  Upper End Sales were significantly up with 23 in September compared to 10 in August."

For a full report click here.

Cheers and have fun out there!

 

Live. Play. Own.

 

July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
May 11, 2017

Sneak Peak - Ore House