Commercial Real Estate Review – Q2 2019

With the arrival of vibrant sunny days, the influx of Steamboat’s visitors has begun. Town is buzzing with activity as is the real estate market. May closed sales volume in Routt County was $59M, 2019’s largest month thus far and up 10% from the previous

In 2018, the Steamboat Springs real estate market saw its first annual decline in total transactions in a decade. Why, you ask? Global trade tensions, stock market volatility and a government shutdown are definitely contributing factors to the nationwide

The more things change, the more they stay the same. April real estate activity in Steamboat was quite similar to the last two years. Total sales volume for the month was $48M, up slightly from $46M last April. The busy month eased worries of a market slo

The Yampa Valley Housing Authority has reason to celebrate this month. The organization, which advocates and provides affordable housing and support to low-and moderate-income residents in Routt County will break ground this month on Alpenglow Village. Th

News headlines have recently claimed that the national real estate market is slowing down; these claims, without a doubt, have created a glimmer of hope amongst home buyers seeking increased inventory and lower prices. While the market may in fact be show

Consistent with past years, February was a relatively quiet month for real estate in Routt County with $32.5M in closed sales. Nonetheless, it was more active than the previous two years when February sales were $24M. This February saw 47 closed transacti

Potential homebuyers will have something new to consider soon in Steamboat Springs. Plans are finalized for the launch of a new development, which will alleviate some of Steamboat’s current housing shortage. Urban Street at the Mountain is a mix of duplex

As we recuperate from another festive Winter Carnival, complete with a spectacular fireworks show, the Steamboat Springs real estate market didn’t exactly start off with a bang in 2019. Sales volume in the city limits was just shy of $25M, down from $28M

The rental market is booming in Routt County, which means landlords can afford to be picky, but it doesn’t mean they should cut corners. Steamboat’s limited pool of long-terms rentals include everything from off-the-grid studios to luxury dwellings.