Steamboat Springs, Colorado Real Estate Market Report
The pulse of the Steamboat Springs Real Estate market is in constant flux between parasympathetic and sympathetic nervous system – or a fight-or-flight response. I see some buyers actively buying homes and jumping into properties full-force. These buyers have been waiting for signs of an improving market and more importantly waiting for the right real estate to buy at a great price. Over the last several months, the Steamboat Real Estate market has changed. The inventory of properties is about the same, hovering around 1,980 homes, townhomes, and condo. But the amount of bank-owned properties has significantly been reduced from 56 four months ago to 28 today. And the amount of short-sale opportunities has increased from 51 four months ago to 62 today. So many of these buyers are in the ring fightingfor those great deals and buying great properties. I can conclusively say that there are far fewer great properties available then there was 6 months ago.