As we review the month of June relative to market conditions for June of 2014 the number of New Listings in our market continues a downward trend. Since the start of 2015 this lack of new listings is making for an unbalance of supply and demand. New listings for June are down an average of 14% compared with last year. New listings for townhomes are down 20% year over year.Average year to date sold listings for the first 6 months comparing 2014 to 2015 are almost flat. Single family homes are the one category of properties where the number of properties sold is significantly lower. This is thought to be an inventory issue.Median sold prices are down year over year comparing the month of June this year with last. This may be driven by the absorption of relatively lower priced properties by buyers that are seeing moderate priced homes become more scarce. In much of our market we are selling things below replacement cost.
Numbers for June Real Estate >>
Steamboat Median Price Sold >>
Upcoming Events >>
JULY 16-19 Mountain Soccer Tournament 17,18,24,25,31 Pro Rodeo Series 17 Concert at the Ski Area 18 Tour de Steamboat 18,25 Farmer’s Market Outdoor Movie on the Mtn 19 Steamboat Lake Tri 19,23,26,30 Sunset Happy Hour on Mtn 23 Steamboat Movement FestivalAUGUST 1,7,8,14,15,21,22 Pro Rodeo Series 1,8,15,22,29 Farmer’s Market Outdoor Movie on the Mtn 5 Free Concert at Howelsen 7 First Friday Artwalk 5-9 Steamboat Wine Festival 10-16 Steamboat All Arts Festival 14-16 Pro Cycling Challenge Festivities Routt County Fair 15 Free Concert at Howelsen 15,16 Steamboat Stinger 17,18 Pro Cycling Challenge 15 Free Concert at Howelsen 22 STARS Charity Ride 28 Java & Jazz BenefitFor details about these events SteamboatChamber.com/calendar& Steamboat.com/things-to-doFor a full list of strings events tickets.stringsmusicfestival.comFor chief theatre event list ChiefTheater.org/
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Cam Boyd Steamboat Sotheby’s International Realty 610 Marketplace Plaza Steamboat Springs, COLORADO 80487