Steamboat Real Estate Market News

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News on the Steamboat Real Estate Market

>May Real Estate Update

New listings appear to be improving in the Steamboat Real Estate Market but our inventory is still not catching up with healthier market periods. In most cases the April Steamboat Real Estate market has been absorbing properties under $500,000 and, in the case of townhomes all price ranges are selling.
As of May 1st 2015, with 275 new listings year-to-date we are behind the same period of 2014 listings by 10%. Likewise, numbers of year-to-date sold listings are also 13% less than the comparable 2014 figures. However those numbers are a significant improvement over our April statistics.
The average median sold prices year to date are slightly down from the same period of 2014. But in this regard, condominium prices shine with 14% higher prices.
This market is greeting new listings enthusiastically and as we go through the spring season we anticipate needing more inventory for our most active months of June through September. It may be a good time to list.
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Monthly News on the Steamboat Real Estate Market Steamboat Real Estate Market April YTD Real Estate Summary >> New listings appear to be improving but our inventory is still not catching up with healthier market periods.  In most cases the April market has been absorbing properties under $500,000 and, in the case of townhomes all price ranges are selling. As of May 1st 2015, with 275 new listings year-to-date we are behind the same period of 2014 listings by 10%.   Likewise, numbers of year-to-date sold listings are also 13% less than the comparable 2014 figures.  However those numbers are a significant improvement over our April statistics. The average median sold prices year to date are slightly down from the same period of 2014.  But in this regard, condominium prices shine with 14% higher prices. This market is greeting new listings enthusiastically and as we go through the spring season we anticipate needing more inventory for our most active months of June through September.  It may be a good time to list. Numbers for April Real Estate >> Steamboat Median Price Sold >> Upcoming Events >> MAY 1 First Friday Artwalk 20 Summer Expo 29-31 Yampa River FestivalJUNE 1-3 Elementary School Carnival 1-30 Commuter Challenge 3 YES Golf Tournament 5 First Friday Artwalk 7 34th Steamboat Marathon Re-tree Colorado 8-13 Bike Week 10 Nat’l Cattledog Finals 12 Gondola Opens 13 Bike Swap 18,25 Sunset Happy Hour 18-21 Mustang Roundup 19 Free ConcertFor details about these events  SteamboatChamber.com/calendar & Steamboat.com/things-to-do For a full list of strings events   tickets.stringsmusicfestival.comFor chief theatre event list  ChiefTheater.org/ Stay in Touch >> Cam BoydSteamboat Sotheby’s International Realty610 Marketplace Plaza Steamboat Springs, COLORADO 80487  [email protected]  www.steamboatagent.com  970-879-8100

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