Steamboat Springs Real Estate Market Rebounds

By
Real Estate Agent with Steamboat Sotheby's International Realty

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 or buy real estate in the near future, I'd love to chat.

Regards,

Charlie

(970) 846-6435

Comments (3)

Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Really glad to hear this update...my area follows your stats within 4 to 6 months...am counting on similar results by July.

Mar 27, 2013 02:37 AM
Charlie Dresen
Steamboat Sotheby's International Realty - Steamboat Springs, CO
Steamboat Springs, CO e-Pro

Li,

Yes, we tend to follow the front range by about a year. Funny home these are pretty accurate over time. 

Mar 27, 2013 03:23 AM
Anne Mayberry
Steamboat Sotheby's International Realty - Steamboat Springs, CO
Living the Steamboat dream since 1978!

Charlie,

 

Great information.  Thanks for putting it out there.  I hope Buyers understand that one door (the down market) has pretty much closed.  The other piece, mortgage interest rates, is staying relatively constant for the moment.  That piece still makes affordability the best it has been in decades!

Mar 27, 2013 03:53 AM

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