Steamboat Springs Real Estate Market – July 2015

Steamboat Springs Real Estate Market

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Monthly News on the Steamboat Springs Real Estate Market

   Monthly News on the Steamboat Real Estate Market
June YTD Real Estate Summary >>
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/
Stay in Touch >>
Cam Boyd
Steamboat Sotheby’s International Realty
610 Marketplace Plaza
Steamboat Springs, COLORADO 80487

 970-879-8100
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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.