Steamboat Real Estate Numbers-June

Attached are the numbers compiled for June real estate statistics for our market. Steamboat Real Estate Profile - June 2015

The snapshot synopsis is:

"New Listings were down 27.3 percent for single family homes and 25.9 percent for townhouse-condo properties. Pending Sales increased 42.9 percent for single family homes and 60.7 percent for townhouse-condo properties.  The Median Sales Price was up 3.8 percent to $442,000 for single family homes and 7.6 percent to $276,500 for townhouse-condo properties. Days on Market decreased 0.6 percent for single family homes and 24.3 percent for condo properties.

Having six months of 2015 data in the books is great, but it is still just intermission at this halfway point of the year. Forecasting market trends can be as dicey as the weather, but with interest rates managing to remain low into the summer months, the outlook is promising, even if rates go up later in the year. Metrics like inventory and percent of list price received at sale are two of the better understudies to watch this year."

Currently, we have 173 pending sales on the books and activity is holding steady with showings. Still a great time to buy and sell real estate in our valley!

(Hazie is closely watching our market)

Live. Play. Own.