Steamboat Springs, CO -
The availability of single family homes within city limits has continued to decline through every price range in Steamboat. Inventory in the $400K-$600K price range is at a 10-year low. With limited inventory to feed the demand, expect the number of closings in this price range to decline. In a small market like Steamboat, when demand picks up inventory drops quickly.
Buyers looking for a single family home in this price range are now considering building. One upcoming option is the new Sunlight subdivision hitting the market this month. This 92 home community will offer parks, views, trails, and beautiful streetscapes at less than a mile from the downtown library. Land prices start in the $170K range. Call your CGR broker to get more details or visit www.SunlightSteamboat.com.