September Market Snapshot

September Market Snapshot
Waterside Village on Yampa Street

September Market Snapshot Melissa Gibson from Land Title confirmed with her most recent email what Steamboat real estate brokers have known:  it’s been a busy fall. Here is what she wrote:

“September was another great month in Routt county with 179 Transactions and $92.6M in Gross Volume.  That is the 3rd largest Gross Sales Volume month we have seen in 9 years!  Attributing to those numbers were 23 sales over $1M! It is great to see all those upper-end transactions since that part of the market was a bit soft over the summer.

Total sales volume was up by +15% compared to last September, with the YTD. at +21.63%.  Transactions were also up by +1.74% compared to last September, with the YTD. at +7.63%.

Snapshot values are as follows:

Average Price:
Single Family: -2%
Multifamily: +14%
Vacant Land: +51%”
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