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Steamboat Springs Market Report for November 2018
 
 
Steamboat Springs is again a winter wonderland.  Steamboat Resort is open, Christmas lights are hung all over town, and we’ve at least 10 inches of snow everywhere!  It’s a beautiful time of the year.  Enjoying Winter here is easy for me.
 
The typical market cycles of Winter are also at hand.  Winter is not the easiest time for Sellers and Buyers.  Sellers have a hard time getting views and Buyers have a hard time finding inventory.  A common occurrence is Sellers will take their property off the market for December and January, sometimes longer.  Sellers then rent out their homes and condos for premium values through the holidays.
 
Here are the recent stats:
 
It appears that new listings are trending up and sold listings down.  Sales prices are mostly flat.  The charts don’t really go into sales prices as I see them daily.  Condos and townhomes have found peaks, depending on what a family is looking for.  For short-term lodging, these units have seen price increases.  For starter condos, these homes have seen a recent top.  (I don’t know where values are going.  I have seen prices in this category remain the same, trend down, and some sales reach the recent top.)
 
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