Routt County Market Analysis

November 2015 – Analysis for Steamboat Springs market and surrounding areas

November was another great month for Real Estate in Routt County with 147 transactions and $64.6M in gross volume. Compared to last November, Gross sales were up by +55.94% with the YTD up +11.21%. Transactions were also up by +38.68% in November with the YTD up +6.13%
There were 7 New Unit sales in November, compared to 4 in October. Upper end sales were down from 20 in October to 11 in November.
Snapshot values are as follows:
Average Sales Prices:Steamboat Springs Market
Single Family -9%
Multi Family -3%
Vacant Land +13%
Single Family -4%
Multi Family +4%
Vacant Land -41%
November had 135 Deed of Trust recordings, with 55% of purchasers closing with financing at the time of sale and 45% of purchasers closing with cash.
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About the Author
Josh Cook
Josh Cook is The Boyd Team’s Digital Marketing Specialist. In today’s online world, having someone who knows the industry and trends is a must. Real Estate has become increasingly internet-centric, having Josh on the team to meet those needs sets The Boyd Team apart. He continues to strive to make the Boyd Team’s internet presence as expansive as possible enhancing each listing’s presence.