Steamboat Springs, CO Real Estate and Community Blog

All the talk about the oil and gas boom of NW Colorado and the annexation of Steamboat 700 and Steamboat 360 got me thinking about Colorado resort town growth.
Here is the census data on the projected growth of four resort counties near Steamboat Springs, Colorado. (I’m not sure this data reflects the recent report […]

Colorado resort real estate markets like Steamboat Springs, CO, Jackson Hole, WY, Aspen, CO and Vail are experiencing the same thing– fewer real estate sales but higher average prices.
Resort markets have seen sales slow as credit tightens and buyers become more cautious. Second homes are not “must-have” purchases like primary homes, so second home […]

In spite of the national housing market reports, Steamboat Springs Real Estate is still very active. Last week, 22 Steamboat properties sold and 10 Steamboat properties went under contract.
The average price of Steamboat residential real estate was $754,527 and the average price of Steamboat vacant land was $1,075,862. (There was a $6,250,000 […]

Bruce Carta of Land Title Guarantee once again has the monthly Steamboat real estate highlights.
The Steamboat real estate overall Average Transaction Price was up to $687,037 for March 2008 compared to $645,077 from March of 2007
The Steamboat real estate overall Median Transaction Price was up to $432,500 for March 2008 compared to $350,000 from March […]

Like the rest of the nation, Steamboat Springs real estate sales have slowed. Credit is harder to get, and buyers are sitting on the sidelines waiting to see how the real estate drama plays out before making a move. Who wouldn’t? The headlines talk about how awful the real estate market is in some parts […]

Nine Steamboat properties sold this week, and eight Steamboat properties went under contract.
Sold Routt County properties :

A townhome in Hayden, Colorado on Harvest Drive that sold for the asking price of $185,000
A single family home in Hayden, Colorado on Washington Street for $238,000
A condominium in Steamboat Springs on 6th Street for $272,500
A Shadow Run […]

The Steamboat Springs Real Estate market is holding its own in this national real estate slowdown.
If you look at the chart above, you’ll see that Steamboat Gross Dollar Volume is down from last year (no surprise, when you consider that we had a record real estate year following the sale of the Steamboat Ski mountain […]

As the national real estate market hits record lows, there is no slowdown to building in Routt County.
In fact, more building permits were issued in February, 2008 in Routt County than there were issued in
February, 2007, according to Census data.
Here are the details:

February, 2007: 6 single family and 1 multi family permits were […]

See if you can name this resort town:

Locals and visitors continue to debate population growth and development
It’s a city of about 10,000 people
Growth can only go one direction due to public lands and mountains.
Homes are low-density and big.
People commute up to an hour to work here.
A developer is proposing a large number of fair-market affordable […]

Here’s what happened in the Steamboat real estate market in March:
52 properties sold:

11 land parcels
5 fractional units at the Steamboat Grand, the West, or the Christie Club ($27,000 at the West to a $230,000 Christie Club)
5 homes or townhomes in Stagecoach, Oak Creek, or Yampa
23 single family homes, condos, and townhomes in Steamboat […]