Melissa Gibson of Land Title just sent over June Steamboat Real Estate stats. You can contact Melissa for your title needs at 970-870-2822. She writes:
June was a great month with $82.8M in Gross Volume and 168 Transactions – the best month so far this year! Compared to last June, Gross Volume is up by +34.31%, with the YTD. at +20.17%. Transactions are also up by +16.67% compared to last June, with the YTD. at +6.63%. Snapshot Values are as follows:
Average Steamboat Real Estate Sales Price:
Single Family +0%
Multi Family +2%
Vacant Land -43%
Median Steamboat Real Estate Sales Price:
Single Family +21%
Multi Family +6%
Vacant Land -49%
Average Steamboat Real Estate PPSF
Single Family +7%
Multi Family +3%
Vacant Land +13%
There were a total of 206 Deeds of Trust (the Colorado version of a mortgage) recordings in June, with 61% of purchasers closing with financing at the time of sale, and 39% closing with cash.
New unit sales grew with 12 in June, compared to 8 in May. Upper end unit sales grew also with 19 in June, compared to 8 in May. Bank Sales were down with 1, compared to 2 in May