Steamboat Springs Real Estate Guide
The real estate market in the City of Steamboat Springs continues to be strong. For the first six months of 2015, the number of transactions were 249 with is basically the same number of transactions for the first six months of 2014. Total sales volume was $134 million which down slightly (7%) from the same period of 2014.
Inventory continues to tighten in the city. As of June 30, 2015, the number of condos and townhome on the market dropped by 13% from the prior year to 350 units. The number of residential lots dropped by 29% to only 94 lots. The same trend was seen in single family homes listed for sale. That segment of the market dropped by 15% to 116 homes for sale.
At present the market does not significantly favor buyers or sellers. But if this tightening of inventory continues into the first part of 2016, the equilibrium currently seen may shift in favor of the sellers.
Colorado Group Realty continues to participate in almost 30% of all real estate transactions. If you have any questions about the market, please contact your Colorado Group Realty broker.
To view the entire Mid Year Report click here
How can we help?
We hope you will find our web site to be a one-stop resource for your online real estate research. We're eager to tell you what we know about the local market for condos or homes, or preconstruction, or whatever is most interesting at the moment - that's where you'll usually find us! We delight in helping people succeed in this market, and when our clients come out of the transaction breathing that big sigh of relief, we're just as satisfied as they are.
So please, have a look around, and contact us with any questions you might have about the market or our services. No question is too mundane - we want to help!
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