The following Steamboat real estate information is provided by Melissa Gibson of Land Title Guarantee. Melissa writes,
“August was a great month for Steamboat Springs real estate sales with $68.4M in Gross Volume and 161 Transactions – one of the best August months we have seen in years. Compared to last August, Gross Volume was up by +9.59%, with the YTD. at +9.36%. Transactions were up 7.33% compared to last August and YTD up 3.53%.
Average Sales Price:
Single Family +1%
Vacant Land -43%
Median Sales Price:
Single Family +13%
Multi Family +4%
Vacant Land -34%
Single Family +10%
Multi Family +2%
Vacant Land +15%
There were two bank sales in August, up from 0 in July.
New Unit Sales were up slightly with 8 in August, compared to 7 in July.
Upper end unit sales were static with 12 in both August and July.”