(Chilly but bluebird day on Sunshine Bowl 1.04.09 - photo by Angela Ashby)
From the Steamboat Pilot & Today:
"Month of November sees 32 home sales"
"Five home sales priced between $900,000 and $1 million, a price point that has not been active this fall, helped the Routt County real estate market attain $26 million in home sales in November.
Those sales accounted for $4.8 million in dollar volume. In addition, there were six sales between $1 million and $2 million, representing $9 million in sales.
According to statistics researched by Bruce Carta of Land Title Guarantee Co., there were 11 transactions for homes priced between $200,000 and $500,000, totaling $3.9 million, about 15 percent of total dollar volume for home sales in November."
On a related note, there has been a lot of activity and in some cases multiple offers on some properties priced from $1-3 million. The good news is that there are daily price reductions and more realistic pricing on new listings. So, the savvy buyer recognizes it and is taking advantage of it. Interest rates are at some of the lowest rates in years. What we all know, is that they will eventually go up! So, start talking to a local lender to see what your options are in Steamboat.
Let me know how I can help you navigate this everchanging market. It is a great time to find your dream property here, no matter what size. www.YourSteamboatHome.com or 970.819.4897
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