Archive for the ‘buyers market’ Category

Steamboat Springs, CO Real Estate Report

Thursday, February 2nd, 2017

Steamboat Springs, Year End 2016 – CO Real Estate Report

Year end figures for 2016 are here! Let’s review:

Routt County Real Estate Market 

We had projected, based on high “pending” sales during December and dollar volume that 2016 would exceed 2015. But well fell just short with volume less than 1% below 2015 numbers. December was a reasonable month but down from the same time last year with 131 Transactions and $79.9M in Gross Volume.  Compared to last December, Gross Volume was off by -19.45%, with the YTD. at -0.75%.  Transactions were also off by -7.75% compared to last December, with the YTD. at +5.63%.

 

I do however, predict the January and February numbers to increase because of the high amount of pending sales we have today.

 

*Figures compliments of Land Title Guarantee Company

*Figures compliments of Land Title Guarantee Company

 

Here is a quick snapshot of 2016 year end values for Routt County sales:

Steamboat Springs Real Estate, A Fresh Perspective

Thursday, August 4th, 2016

Steamboat Springs Real Estate, A Fresh Perspective

One of the most common questions a realtor gets as is “how is the market doing”. In some markets that can be a simple answer. But here in Steamboat Springs, Colorado, its not quite so easy. The county offers a huge range in property prices, types, locations and also types of buyers – first timers, families coming for our amazing quality of life and great schools, professionals here for our growing business segment, people seeking a western lifestyle, and second home owners just to name a few.

A fruit stand seemed like the perfect analogy to our real estate market!

 

Slide1

 

So how is the market doing right now? Click to read our August 1st market report.

 

Regards,

Charlie

Want to learn more about me?

Charlie Dresen

Real Estate Associate Broker |Sotheby’s

Change Your Experience

970-846-6435 | SteamboatsMyHome.com

Charlie@SteamboatsMyHome.com

Steamboat Springs, CO Real Estate Report

Monday, August 1st, 2016

Steamboat Springs, CO Real Estate Report

The Yampa River is starting to lose steam as our dry and hotter than average summer continues! As reported by the Steamboat Pilot & Today, the Yampa is running at 132 cubic feet per second through downtown Steamboat Springs today. The average for this date is 209 cfs.

 

Image courtesy Steamboat Springs Chamber Resort Association

Image courtesy Steamboat Springs Chamber Resort Association

If you are still wanting to kayak, paddle board or tube the river don’t wait much longer or you might miss out for this summer!

Routt County Real Estate Analysis 

June saw good year on year gains with $82.8M in Gross Volume and 168 Transactions, up 34.31% and 16.67% respectively from June 2015.  Year to date figures are also showing overall gains from the same YTD 2015 – a 20.17 increase in dollar volume of sales and 6.63% increase in number of transactions.

 


Residential Transaction Price Point Analysis June 2016

Steamboat Springs Year-End Real Estate Report

Tuesday, February 2nd, 2016

Steamboat Springs Year-End Real Estate Report

 

Steamboat Springs Ski Area

Steamboat Springs Ski Area

Routt County Real Estate Analysis

December was a good month and a great way to end 2015. There were 142 transactions for $99.2M in gross volume. That’s up by +70% compared to December 2014. Transactions were up by +17% from December 2014.

In total for 2015, there was $700,083,935 in gross sales (up 17% over 2014) and 1,457 Transactions (up +7% over 2014)   Total sales were the highest it’s been since 2008.

  • 2008 = $725M

  • 2009 = $439M

  • 2010 = $512M

  • 2011 = $450M

  • 2012 = $483M

  • 2013 = $503M

  • 2014 = $598M

  • 2015 = $700M

 


Residential Transaction Price Point Analysis for 2015

 

Price Point

# of transactions

% of transactions

2014% of transactions

% of volume

2014  % of volume

Buying Real Estate in the Winter Months

Sunday, January 31st, 2016

Buying Real Estate in the Winter Months is a great idea.

Here’s a video of why buying real estate in the winter is a good thing. It’s a great way to see how well a home is constructed, insulated and heated. And also just how much snow removal and maintenance is required in the cold winter months.

It’s also very important to watch for hazardous situation that can occur with snow. Here’s a price example of a house fire that is speculated to be caused by snow falling off a roof.

http://www.steamboattoday.com/news/2016/feb/17/firefighters-believe-snow-slide-triggered-explosio/

 

Regards,

Charlie

Want to learn more about me?
Charlie Dresen
Change Your Experience
Real Estate Associate Broker | Sotheby’s
970-846-6435  | SteamboatsMyHome.com
610 Market Place Plaza, Steamboat Springs, CO 80487
Facebook Google Plus Page YouTube pinterest Instagram LinkedIn

Steamboat Springs, CO Real Estate Report for November

Friday, January 1st, 2016

Steamboat Springs, CO Real Estate Report

 

Silver ornament, photo by Charlie Dresen

Let it snow, let it snow, let it snow. And that’s exactly what has been going on here in the ‘Boat. Record snow fall and record real estate numbers.

Routt County Real Estate Analysis

November saw a 55% increase in sales volume over last November.  And Year To Date we are 11% over 2014 in sales volume. So 2015 is shaping to be a very good year for real estate values.  Transactions were up as well seeing a 38% increase in the number of transactions over November 2014. Keeping with strong numbers, Year To Date transactions are up 6% from 2014.


Residential Transaction Price Point Analysis

 

Price Point

# of transactions

% of transactions

Previous month % of transactions

% of volume

Previous month % of volume

Under $500K

47

63%

59%

30%

21%

$500,001 – $1M

19

26%

29%

29%

34%

Steamboat Springs, CO Real Estate Report

Tuesday, November 24th, 2015

Steamboat Springs, CO Real Estate Report

 

Sunrise over the Yampa River

Sunrise over the Yampa River

 

Happy Thanksgiving!

Steamboat locals and snow-lovers alike are particularly thankful this time of year because this is the week that Steamboat Ski Resort opens for the season! The ski area will open with its annual Scholarship Day tomorrow, Wednesday, November 25. This opening day tradition at Steamboat Resort is a fundraiser for the Steamboat Springs Winter Sports Club Scholarship Fund and has raised over $850,000 since 1991/92. Tickets are $30 for top-to-bottom access or $20 for the lower mountain. *Please note: season passes will not be accepted on Wednesday. The mountain opens for the season on Thanksgiving Day.

Routt County Real Estate Analysis

September was a good strong month for Routt County real estate transactions. Gross sales for the month were $58.9M, although that is down -27.6% compared to September 2014, that month last year was kind of anomaly with two $30M transactions. Overall, gross sales are up +4.2% for the year. 133 transactions were closed in September, up +3.69% YTD. 

Steamboat Luxury Ski Condo Not Your Average Ski Condo

Thursday, November 19th, 2015

Steamboat Luxury Ski Condo Not Your Average Ski Condo

There is a difference between an average ski condo and a LUXURY ski condo. You know the difference the moment you walk through the doors, like at the Highmark Steamboat Springs.

 

Luxury [luhk-shuh-ree, luhg-zhuh-]:  a material object, service, etc., conducive to sumptuous living, usually a delicacy, elegance, or refinement of living rather than a necessity.

 

Luxurious Location

This luxury ski condo at the Highmark Steamboat Springs is the epitome of luxury. Located across the street from the world-class Steamboat Ski Resort, you can literally walk to the gondola for your first run of the day, but because this is luxury, there is no need for YOU to schlep your skis. Leave it to Highmark’s ski valet to transport your skis to the base of the gondola where they will be waiting for you.

 

Luxurious Amenities

Steamboat Springs, CO Real Estate Report

Saturday, November 7th, 2015

Steamboat Springs, CO Real Estate Report

snow and ski swap

 

Steamboat locals have packed away summer outdoor gear and are breaking out winter gear and clothing as we watch the slopes of the Steamboat Ski Resort being covered in snow, beautiful snow. Speaking of ski slopes, if you are still in need of gear or clothing, check out the annual Steamboat Springs Winter Sports Club Ski & Sports Swap.

 

Routt County Real Estate Analysis

Routt County is seeing resurgence in new home builds, echoing the national uptick in new home starts. According to an article in the Steamboat Pilot & Today on October 27, there were 5 new home building permits issued in September, all for homes with valuations of $829,000 to $1.4M. Two of those are for land initially purchased in 2004 before the market slowdown. Construction crews around town are busier now than they have been in years, not just with new builds, but also with remodels and additions. All good signs for the Routt County real estate market.

Steamboat Springs Real Estate Report

Tuesday, October 13th, 2015

Steamboat Springs, CO Real Estate Report

 

Yampa Valley Fall Colors

Yampa Valley Fall Colors

 

I hope you were able to see the beautiful fall colors here in the Yampa Valley over the past few weeks. At this point, most of the leaves have fallen and the mountains are looking ready for snow.

Speaking of which, you know that Old Man Winter is just around the corner, right? Is your home ready? Click here for a checklist of things to do to prepare your home for the cold and snow.

Routt County Real Estate Analysis

August continued the trend of strong real estate numbers and transactions for Routt County. Gross sales for the month was $62.4M, up +24+% compared to August 2014 and up +11.79% year-to-date.  150 transactions were closed in August. That’s the most transactions August has seen in 5 years.


Residential Transaction Price Point Analysis

 

Price Point

# of transactions

% of transactions

Previous month % of transactions

% of volume

Previous month % of volume