Steamboat Springs Real Estate | Colorado Group Realty Blog

In 2007 the Steamboat Springs market will set a sales volume record. The total dollar value of real estate transactions through the end of November 2007 was $1.48 billion. The prior record was set in 2006 at $1.12 billion. The increase represents at least a 25% increase in sales volume from 2006. Although a new record will be set in 2007, sales for the months of September through November of 2007 were 18% less than sales for the same period for 2006. Impacting the 2007 results were the sluggish national real estate market, the nationwide credit crunch that hit in the fall of 2007, and a lack of inventory in selected price points in the Steamboat market.For more information on the Steamboat Spring real estate market, please contract your Colorado Group Realty broker.

*Statistics compliments of Bruce Carta with Land Title Guarantee Co.  2007 4th quarter total is an estimate, statistics have not yet been recorded. 

Popularity: 23% [?]