Steamboat Springs, CO Breaks Another Record in August, 2007

STEAMBOAT SPRINGS, CO, BREAKS ANOTHER RECORD IN AUGUST, 2007!!!

With total sales volume year to date for all of Routt County reaching $1,156,724,900.00 we have surpassed the record set for all of 2006 ($1,121,036,063.00).  And as you all know we have 4 more months to go until the end of the year. 

For all of 2006 Routt County reported 3,477 units sold compared to 1,869 year to date this year, almost half the units sold and more volume than last year.   

Here are some of the Highlights for the month:

·       The Hayden and Surrounding Area saw the biggest increase in the average transaction price going from $166,590.00 last August to $463,538.00 for August 2007.  An almost 60 percent increase.

·       Next was the Steamboat Mountain Area with a 39 percent increase.  Going from an average sales price of $494,714.00 last August to $814,544.00 for this August.

·       Last August Residential Improved Units sold for $200,000 or less, accounted for 22 sales compared to only 6 for August 2007.

·       The biggest jump in Residential Improved Units sold was in the $1 million to $1.5 million price range.  With 2 of those units sold last August compared to 13 sold for August 2007.

Thank you Bruce Carta at Land Title for this information.