2012 Steamboat Real Estate Review
This 2012 Steamboat real estate market stats report is provided by the Western Mountain Resort Alliance. WMRA compares resort real estate markets in ski areas throughout the Rockies.
Inventory is down 12-16% for homes and condos. Only land had more active listings in 2012 than in 2011. Condo sales were up 28% while the number of home sales was down slightly. (This may have to do with buyers having fewer homes from which to choose.)
Average sales price was down while the median sales price was up. Most people–myself included–think 2012 will be the turn around year. Most market segments had substantial inventory reductions which is the first step toward rising prices.
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