The Steamboat Report

Market Update: First Half of 2021

2021 - First Half

When COVID-19 became a part of our lives in the US in mid-March, uncertainty suddenly became a real factor in everyone’s day-to-day life. While this report specifically focuses on January to June, it will also include a brief outlook moving forward. The market is giving us a good idea of how demand is coming back, so we will also discuss what we are seeing through the end of the summer as our short-term outlook on the real estate market.

Read 2021 Q2 Update
2021 First Quarter Market Report

2021 - 1st Quarter

As you know real estate markets across the country are busy and often described as crazy. Our goal here is to dig deeper and explain what we are seeing here in Steamboat along with the top level reasons behind it.

Click below to learn what is going on in Steamboat.

Read 1st Quarter Report
2020 End of Year Market Report

2020 - Year End Report

When COVID-19 became a part of our lives in the US in mid-March, uncertainty suddenly became a real factor in everyone’s day-to-day life. While this report specifically focuses on January to June, it will also include a brief outlook moving forward. The market is giving us a good idea of how demand is coming back, so we will also discuss what we are seeing through the end of the summer as our short-term outlook on the real estate market.

Read Year End Report
December Market Update for Steamboat Springs

December Update

In August, September, and October & November we saw the months four highest monthly sales volume's in the past 5 years.

Click on the link below you will see that there is a slight drop in total sales volume for November vs the previous 2 months. Click below to learn the story.

Read the December Update
November 2020 Market Update for Steamboat Springs

November Update

The increased demand is looking more like a structural change for our market. Looking back, we talked about compressing the summer selling season into a short time period. In the last month or so, it has become apparent to me that there is more to it.

Read the November Update
3rd Quarter 2020 Market Update

2020 - 3rd Quarter

The past 3 months have been busy! With a compressed selling season and more people able to work from anywhere. Sales volume was up 68% in July, 75% in August, and 171% in September. In addition, total $ sales volume through the 3rd quarter is up 30% vs. 2019 while units sales are up 10%.

Read 3rd Quarter Report
2020 First Half Market Report

2020 - First Half

When COVID19 became a part of all of our lives in the US in mid-March, uncertainty suddenly became a real factor in everyone’s day-to-day life. While this report specifically focuses on January to June, it will also include a brief outlook moving forward. The market is giving us a good idea of how demand is coming back so we will also discuss what we are seeing through the end of the summer as our short-term outlook on the real estate market.

Read First Half Report
2021 First Quarter Market Report

2020 - 1st Quarter

We hope that each of you and your loved ones are doing well in this uncertain time. Steamboat Springs has grown even stronger as a community with an incredible outpouring of support for organizations and people in need.

Click below for our 2020 First Quarter Report

Read 1st Quarter Report
2019 Year End Market Report

2019 - Year End Report

Real demand from locals, people who want to be in Steamboat more, and location-neutral people moving here along with nearly 50% cash purchases is comforting compared to 2007. Steamboat is a special community, local buyers made up 50% of sales in 2019 compared to 13% in other towns like Breckenridge. That makes a big difference!

Read Year End Report
2019 - 3rd Quarter Market Report

2019 - 3rd Quarter

The real estate market in Steamboat / Routt County continues to be strong. Demand has been steady, supply is limited by the characteristics of a mountain town.

READ 3RD QUARTER REPORT
2019 - 1st Half Market Report

2019 - 1st Half

Demand is consistent so most values have increased but there are exceptions where supply is high.Properly priced & marketed homes are selling well but homes that reach too far are sitting a long time then selling for lower prices.

Read 1st Half Report
2019 First Quarter Market Update

2019 - 1st Quarter

Learn more about what is going on in the first quarter of 2019 here within the single family market, condos, townhomes and more!

Read 1st Quarter Report
2018 - Year End Report

2018 - Year End Report

This report summarizes 2018 in full and compares the real estate market in Steamboat to 2017. We expanded the report this quarter to include Hayden, Phippsburg /Yampa/Oak Creek, and StagecoachRead details on the different segments by clicking below.

READ YEAR END REPORT
2018 3rd Quarter Market Update

2018 - 3rd Quarter

At this point in 2018, the market is healthy with avg. prices increasing due to real demand and limited inventory.Read details on the different segments by clicking below.

Read 3rd Quarter Report