Hopefully you and your family are safe and well. As we are soon moving into a new “normal” and into the safer-at-home status, many are wondering what the state of the Steamboat Springs real estate market looks like currently, and what our new normal means for the business.
In the last 30 days while we’ve been under stay-at-home orders, Steamboat Sotheby’s International Realty (not including other brokerages in the area) has garnered more than $15,000,000 in New Listings, had more than $10,000,000 in New Pending Transactions, and has had $19,670,400 in Closed Transactions.
Since March 16th in the Steamboat MLS, there have been 78 New Listings, 47 New Pending Transactions, and 70 Closed Transactions, with the highest price of $7,450,000. Sale prices are still very strong with the list to sold price ratio averaging at nearly 98% on closed transactions.
If you are looking to purchase in the Steamboat Springs area, our agents are showing homes safely using virtual technologies and will begin showing property in-person as it’s deemed appropriate by city and state officials.