If you’re wondering if the market is recovering here in Steamboat you are correct! Recent sales data from Land Title Guarantee Company reports: Compared to last July, gross sales volume was up +35.84%, which brings the YTD Gross sales volume to +11.14% above last year so far. In transactions it was the best month of the year with 116, which is up 16% over last July, and up +14.54% on the YTD.
These number reflect what we are seeing in the pending sales category in our MLS, which is about double what it was from a year ago. Buyers are no longer waiting on the sidelines and smart Sellers are deciding now is the time to list before interest rates start creeping up or the momentum slows down.
Click on July Sales Statistics for a full report.