Yampa Valley Fall Colors I hope you were able to see the beautiful fall colors here in the Yampa Valley over the past few weeks. At this point, most of the leaves have fallen and the mountains are looking ready for snow.
Routt County Real Estate AnalysisAugust continued the trend of strong real estate numbers and transactions for Routt County. Gross sales for the month was $62.4M, up +24+% compared to August 2014 and up +11.79% year-to-date. 150 transactions were closed in August. That's the most transactions August has seen in 5 years.
This chart notes single family and multi family residential sales, 96 total transactions for the … (1 comments)
home prices: Steamboat Springs, CO Market Report
- 07/21/15 01:10 AM
Steamboat Springs, CO Market Report Colorado summers are meant to be spent outdoors. Summer in The 'Boat is pretty special. I hope you have been out and about this summer soaking up the sun, reeling in the fish, floating in the river and lounging on the deck. For questions about the Steamboat lifestyle and our real estate, please ask me. I am passionate about my community and real estate.
Search all Steamboat homes, townhomes and condos by clicking this link.
Routt County Real Estate Analysis
While May was the best month for gross sales of Routt County real estate thus far in 2015 at $47.6M, that is down -15.67% compared to May 2014. 103 transactions were closed … (5 comments)
home prices: Steamboat Springs, CO Real Estate Market Report
- 06/19/15 05:15 AM
Steamboat Springs, CO Real Estate Market Report For questions about Steamboat's real estate market and the Steamboat lifestyle, please ask me. I am passionate about my community and real estate. Search all Steamboat homes, townhomes and condos by clicking this link. Routt County Real Estate Analysis April was a decent month for Routt County real estate transactions with $38.9M in gross sales and 112 transactions. Compared to April 2014, this was up 1.7% in total gross volume and down 13% in transactions.> 32% of April transaction volume was under $500,000 (74% in March) > 19% of April transaction volume was between $500,001 - $1,000,000 (16% in March) > 50% of April transaction volume was over $1M - $3M (10% in March) > 0% of … (2 comments)
home prices: Steamboat Springs, CO Real Estate Market Report
- 04/30/15 06:04 AM
A Real Estate Slow Down - But It's Going to be OkayThe absorption rate is a strong indicator of the health of the real estate market. It's measured in month of inventory and how long it takes for real estate to sell. A healthy real estate market has 5-7 months worth of inventory. Because Steamboat Springs, CO has such diverse properties I broke it down by price-points and property type - Single Family | Townhome | Condo. Yes, we're seeing a bit of a slow down. But it's also mud season and a slow time for real estate - so don't read too … (0 comments)
home prices: Steamboat Springs, CO Real Estate Market Report
- 04/01/15 05:25 AM
Steamboat Springs, CO Real Estate Market Report Steamboat Springs real estate is often compared with other resort communities. Have you ever wondered how Steamboat's prices compare to other resort towns? Wonder no more. Here is a break down of resorts and their median price sold for homes, condos and land. In the grand scheme of things, Steamboat Springs is quite affordable. Search for your new-to-you homes, townhomes and condos in Steamboat Springs. Steamboat Springs, CO compared to other resort markets Local Steamboat Springs Market It's been feeling a little slow for snow and real estate … (0 comments)
home prices: Steamboat Springs, CO Real Estate Market Report
- 01/06/15 01:28 PM
Steamboat Springs, CO Real Estate Market Report Happy New Year! I hope that your holidays were joyous and the new year prosperous. As we head into 2015, let's talk real estate and absorption rate. This is the rate at which available properties are sold in a specific real estate market during a given time period. A normal healthy real estate market has about 6 months of inventory. More than 6 months is a "buyers market" and less than 6 months is a "sellers market."As you see, for most of our market, we are seeing good improvements. Single Family Absorption Rate … (2 comments)
home prices: Steamboat Springs, CO Real Estate Market Report
- 12/01/14 02:03 AM
Steamboat Springs Real Estate Report So much to be thankful for: the ski area is open, a wonderful holiday meal with my family, strong growth in the Steamboat real estate market and more importantly, pending and home sales have settled into a predictable pattern. Pending and sales December 2014 Steamboat Springs Market October proved to be another great month for Routt County real estate transactions with $75.1M in gross sales and 131 transactions. In part, this was due to a high number of upper end sales; 11 transactions over $1M including an $11M ranch sale. Even without the $11M sale, this was the best gross volume October we have seen since … (1 comments)
home prices: Real Estate Market Report for Steamboat Springs, CO
- 09/16/14 04:04 AM
Steamboat Springs Real Estate Report Real estate transactions, both locally and national, continue to be steady thanks in part to low interest rates and stronger job creation. I certainly helped my fair share of Routt County residents and second-home owners buy and sell properties this summer (17 transactions so far). It's always fun assisting folks in finding the right home for them and helping those who are ready to move on from their existing dwelling. Thanks to my clients past and present for trusting me with this important task. Pending sales UP / interest rates DOWN
Local Steamboat Springs Market Routt County … (3 comments)
home prices: Spring 2014 Real Estate Market Report for Steamboat Springs, CO
- 05/02/14 01:14 AM
Spring 2014 Real Estate Market Report for Steamboat Springs, CO To look at the Steamboat Springs and national housing statistics each month it's easy to get caught up in the dips and valleys. But if you step back and look at the overall picture, the housing market and home prices are holding steady. Home prices have climbed back considerably over the past couple of years and studies show that consumer confidence is growing as well. In fact, a recent survey by National Association of Realtors shows that vacation-home sales increased by nearly 30% in 2013. National Home Values Local Steamboat Market March … (7 comments)
home prices: Steamboat Springs, CO Real Estate Market Report for November 2013
- 01/06/14 04:05 AM
Steamboat Springs, CO Real Estate Market Report Steamboat Springs Ski Area Like our 30 residents vying for a spot on the United States Olympic Team, Routt County’s real estate market remains strong - even in the off season. For November, 107 transactions took place, which was 15% more than November 2012, for a gross volume of $33M. > November 2013 dollar volume was UP +1.26% over November 2012 > Year-to-date dollar volume is UP +14.35% > Transactions were UP +15.05% from November 2012 > Year-to-date transactions are UP +11.66% > 50% of the volume was under the price point of $500,000 > 48% of the transactions were financed while 52% were paid with cash at the time of closing > Bank sales DOWN -3 transactions from previous month As I mentioned last month, … (2 comments)
home prices: Steamboat Springs Real Estate Market Rebounds
- 03/27/13 01:55 AM
Steamboat Springs Real Estate Market Rebounds The numbers indicate there Steamboat Springs Market is experiencing a rebound. The mountain area had the highest number of transactions at almost 32% and the mountain area had over 51% of the total dollar volume for January 2013. The columns titles appear to be switched but you get the idea.
24% of the sales in January were between $300,001 and $500,000 - see chart below:
Total numbers for 2011 and 2012 are below. Overall, gross dollar volume of residential homes in 2012 increased from $309,438,000 to $347,170,000
If you're looking to sell … (3 comments)
home prices: Here's 3 Reasons Why Now IS the Time to Buy (not bla bla bla)
- 12/08/12 06:37 AM
I know, you're all tired of Realtor's saying "now's the time to buy." Well, this time, it is a good time to buy real estate. Take a look at this graph of 110 years of home prices. Or take a look at Case-Shiller, these are real numbers. What about absorption rate going from 18 months to 4 months of inventory in a year and a half. Yes, now is the time. Regards,
Charlie … (3 comments)
home prices: Case Shiller's Home Price Index . . . August Top 10
- 10/25/11 08:40 AM
Case Shiller August Top 10 There’s no rule book that says a Top 10 list has to be all good, or funny, or interesting. The way the real estate housing market continues to struggle you’ll have some good, some bad and some ugly news to report, and that’s just what I have from the latest August Case-Shiller report. Case-Shiller August 2011 The Good News * Sixteen of 20 cities tracked showed annual rate of change improvements in August ’11 compared to July ’11. * Both the 20-City and 10-City composites are 3.8% and 3.9% respectively above their lowest points which were … (0 comments)
Market Report for Steamboat Springs, CO
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