Ski Town Real Estate

Luxury Market Continues To Heat Up

Luxury Sales Up Over 60%
Posted by Dave Moloney on September 04, 2018 in No Category
Residential property sales above $2,500,000 have seen a significant increase in the last 12 months.  With 18 closed sales in the year ended August 31st, 2018 versus 11 in the year ended August 31st, 2017. In addition, there are and additional 6 homes pending sale.  Neighborhoods like the Sanctuary, Alpine Acres, Ski Trails, and Rendevous Trails have seen good activity.  High quality homes in these neighborhoods, that offer convenient in town locations with great views have been popular with buye... read more
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Luxury Market Sees Increased Activity

Several Homes Under Contract
Posted by Dave Moloney on July 31, 2018 in No Category
The high end luxury market in Steamboat Springs has seen increased activity recently. While sales above $3.5M have been slow over the last few years, four listings in this price range have recently gone under contract.I'm happy to say that one of them is a property I recently listed at the Catamount Golf Course.  The home was listed at $4.2M.  Another Catamount Golf Course home, that was listed at just under $5M is also under contract.  They are joined by 2 homes near the base of the ski area that we... read more
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Pending Sales Lower

Lack Of Inventory Remains An Issue
Posted by Dave Moloney on July 31, 2018 in No Category
Pending sales in the Steamboat Springs real estate market dipped a little in June and July from the previous monthly high achieved in May.  However, highs for the year are often seen in August or September and the market may still see an increase in the number of pending transactions before the summer is over.Inventory has rebounded slightly over the course of the year but still remains low.  There are currently 1225 active listings in the Steamboat Springs MLS.  This is up from the 961 listings we h... read more
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Awww. Fireworks Canceled Due To Fire Danger

No Worries! There's Still Plenty To Enjoy
Posted by Dave Moloney on July 03, 2018 in  4th of July  Colorado  Events  Fire  fireworks  Holiday  Lifestyle  Real Estate  Steamboat Springs  Summer
It was a tough call, but the 4th of July fireworks have been cancelled in Steamboat.  Conditions have dried out considerably in our area and fire bans are now in effect.  With fire fighting resources already being spread thin throughout other parts of the State, that are in even worse shape than Routt County, it was felt that the fireworks show posed too much risk.  However, all is not lost.  The City Council scrambled and was able to put together a last minute contract with a laser show company... read more
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A Good Housing Mix

Condos & Townhouses Offer Good Alternative
Posted by Dave Moloney on July 03, 2018 in  Colorado  Condos  Development  Investing  Investment  Lifestyle  News  Property for Sale  Real Estate  Resort  Routt County  Statistics  Steamboat  Steamboat Springs
The Steamboat Springs area real estate market remains healthy.  While the number of sold units in the first half of 2018 is down slightly from 2017, this can largely be attributed to the continuing low levels of inventory.  Through the end of June we have seen 393 residential sales in the Steamboat Springs MLS system.  This compares with 412 in the first half of 2017.  This includes single family homes, condos, townhouses and other multi-family properties that are located throughout northwest Co... read more
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