Our friends at Land Title recently sent the following information for the Steamboat real estate market. Title company information is generally more accurate than MLS only information because it includes FSBOs and other transactions that do not involve realtors. Here is Melissa Gibson’s report:
September was an excellent month with $81.4M in Gross Sales (highest gross volume month since 2009) and 137 Transactions. In all, this was the best month so far in 2014!! This was due in part to some great upper end sales. There was an $11.25M ranch sale and a commercial sale for $17M – the Marketplace Plaza Complex with 56,359 SF in Retail Area with several buildings/units. Even without those sales, the total dollar volume was the best September since 2007 and the transaction count was the best in the last 2 years.
Compared to last September, Gross Sales were up by +69.47%, with the YTD. comparison at +11.07%
Transactions were also up by +12.30% compared to last September, with the YTD. comparison at +7.51% Read More→