Prudential Steamboat Realty has just published our annual market report with all of the information that you want on the real estate market in Steamboat Springs and surrounding areas including dollar volume, number of units sold, price point summary, and Steamboat’s median prices compared to other resort communities.

2011 Market Report

Storm Meadows Club A #316, 1 bed / 1 bath, $149,900

Storm Meadows 1 #410, 1 bed / 1 bath, $245,000Storm Meadows East #57 , 2 bed / 2 bath, $259,900

Storm Meadows B #314, 2 bed / 2 bath, $299,000

Storm Meadows B #416, 1 bed/ 1 bath, $299,000

Storm Meadows B, #320, 2 bed/2 bath, $340,000

Storm Meadows C, #320, 2 bed/2 bath, $349,900

Storm Meadows 400, #456, 3 bed/2.5 bath, $495,000

Storm Meadows 1, #115, 2 bed/2 bath, $550,000

Storm Meadows Spa, Chamonix III, 2+ bed/ 3 bath, $695,000

Ridge Townhome #7, 4 bed / 4 bath, $841,000

For the latest info on the real estate market statistics including sales volumes, number of transactions, price point summaries and sales by area please see the link below.

Routt Statistics Oct ‘11

Storm Meadows Club A #316, 1 bed / 1 bath, $149,900

Storm Meadows 1 #410, 1 bed / 1 bath, $245,000

Storm Meadows East #57 , 2 bed / 2 bath, $259,000

Storm Meadows B #314, 2 bed / 2 bath, $299,000

Storm Meadows B, #320, 2 bed/2 bath, $340,000

Storm Meadows C, #320, 2 bed/2 bath, $349,900

Storm Meadows 400, #456, 3 bed/2.5 bath, $495,000

Storm Meadows Spa, Chamonix III, 2+ bed/ 3 bath, $695,000

Ridge Townhome #7, 4 bed / 4 bath, $841,000

For the latest info on the real estate market statistics including sales volumes, number of transactions, price point summaries and sales by area please see the link below.  August 2011 was the second best month of the year in sales volume and was up over Aug ‘10.

Aug 2011 Routt Statistics

For the most recent sales statistics of Routt County real estate including year to year summaries of sales volume and number of sales, price point summaries, and sales by area, please click below.

June 2011 Stats

Prudential Steamboat Realty’s annual market report includes a comprehensive collection of statistics for real estate sales in the Steamboat Springs and Routt County area.  Total dollar volume, units sold, average price, and price point summaries are included for single family homes, townhomes, condominiums and land.  See how the trends have changed over the past 10 years in Steamboat and surrounding communities of North Routt, Hayden & Stagecoach. Click on the link below to see the report.

2010 Market Report

What Experts Say About Our Market

Recently, the Northern Colorado Business Report presented their annual economic forecast for 2011.  Offering their perspective on the National, Colorado and local Northern Colorado markets were Mark Snead, a Vice President at the Federal Reserve Bank, and John Green, a leading local economist.  They both had a positive outlook on the economic picture in the United States, Colorado, and the Northern Colorado region.  Here are some of the interesting points that they made:

• Economic data for Colorado is looking better and better by the day.
• The U.S. recovery appears more sustainable and stronger by the day.
• The estimate for US GDP growth in the 4^th quarter is 3.1%.  This would be the 6^th quarter in a row of positive GDP growth.
• Retail spending in the US has rebounded to “normal” levels and consumer spending has been stronger than expected.
• Indications are that national mortgage delinquency rates have peaked and have started to decline – an excellent indicator of a recovering real estate market.
• The Federal Reserve confirms that end of the recession in Colorado.
• In Northern Colorado employment levels are expected to return to their peak by the end of 2012.  The peak last occurred in 2008.
• Northern Colorado unemployment is expected to be at 6% at the end of 2011.
• Construction spending in Northern Colorado should see a little stronger recovery in 2011 and stronger yet in 2012.
• Interest rates are expected to increase this year.

The Prudential Steamboat Realty newsletter went out in the mail recently, but in case you missed it you can find it here.  Included is a 2010 market recap, 10 year sales comparisons and price point summary, 2011 calendar of events and info on the Sunshine Kids Tour de Steamboat fundraiser.

2011 Winter Newsletter