Here is the latest update on Steamboat Springs, CO real estate sales as of August. Things continue to clip along. The serious shoppers are coming to town and we are seeing a healthy flow of pending sales, even with fall upon use. The colors continue to amaze us and the Indian summer is most definitely in full swing. Warm days and cool nights with some much welcomed rain every once in a while to keep the trails tacky and our water table healthy.

Melissa Gibson with Land Title reports: "August was a great month with $68.4M in Gross Volume and 161 Transactions - one of the best August months we have seen in years.  Compared to last August, Gross Volume was up by +9.59%, with the YTD. at +9.36%.  Transactions were up 7.33% compared to last August and YTD up 3.53%.  There were a total of 213 DOT recordings in August, with 57% of purchasers obtaining financing at the time of sale, and 43% closing with cash. There were two bank sales in August, up from 0 in July. New Unit Sales were up slightly with 8 in August, compared to 7 in July. Upper end unit sales were static with 12 in both August and July."

August Real Estate Summary-2016

 

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