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Mike's Winter Featured Properties

 

PICK OF THE WEEK - BEST DEAL ON THE MARKET!

Mountain Contemporary Running Bear Home ... $1,249,000 MLS#131506 
SteamboatSpringsMountainHome.com  (click here for a flash tour of home)
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 A River Runs Through It... Elk River Retreat ... $2,250,000 MLS#132208

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click on thumbnail for full brochure

  

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 Sequestered Privacy ... Morning Star Hideaway ... $395,000 MLS#132213

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click thumbnail for full brochure

  

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Views That Inspire ... Aspen Heights ... $249,000 MLS#129374 & $185,000 MLS#130631

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click on thumbnail for full brochure  

  

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2011 Mid-Year Stats are a click away                          Click here for the Yampa Valley's #1 Real Estate Source

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Steamboat Springs Market Update

So far in 2011, the real estate market looks somewhat similar to the market in 2010. Through the end of October, the number of sales of homes, condos/townhomes and single family lots in the city of Steamboat Springs was up over 10% from 2010 to 322 closings. But the actual dollar value of these transactions was down by 13% to $182 million.

A trend that is continuing and consistent with the prior years, is that actual sales prices is a high percentage of asking price. In the last year, single family homes and condos/townhomes reflected actual sales prices greater than 90% of the asking price. The residential property market is not seeing deep discounts from the final asking price. On single family lots that trend has changed. For 2011, the final sales have averaged only 78% of asking price. So this market is accepting discounts from the final asking price. 

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How Can I Help?

I hope you will find my website to be a one-stop resource for your online real estate research. I'm eager to tell you what I know about the local market for condos or homes, or preconstruction, or whatever is most interesting at the moment - that's where you'll usually find me! I delight in helping people succeed in this market, and when my clients come out of the transaction breathing that big sigh of relief, I'm just as satisfied as they are.

So please, have a look around, and contact me with any questions you might have about the market or our services. No question is too mundane - I want to help!

Colorado Group Realty  mybrokers.com