Melissa Gibson from Land Title provided us with October Sales Statistics and it is looking good!
“October was another excellent month, as we anticipated, with $75.1M in Gross Sales and 131 transactions. This was due in part to a high number of upper end sales. There were 11 transactions over $1M including the $11M Round Mountain Ranch sale. This was the best gross volume October we have seen since 2007 (even without the $11M sale)!
Compared to last October, Gross Volume was up by +36.937% (with the YTD. comparison at +14.32%). Transactions were also up slightly by +1.55% compared to last October, with the YTD. comparison at +7.79%”
So…..if your remotely pondering a purchase in Steamboat, now is the time to get serious. We are seeing activity all across the board and inventories are a bit tight in some properties. Get in while the rates are good and before the prices start climbing!