September Real Estate Update
Monthly News on the Steamboat Real Estate Market
Reviewing comparable numbers, real estate statistics for year to-date-through August are up over the same time frame for 2013. We have sold 36 more properties (includes condos, townhomes and single family) and our overall median sales price is up by 20%. Single family homes lead the way with the most increase in sales prices. The number of new listings did go down slightly, which is affecting the upward price movement.
Using a smaller subset of numbers, August of this year compared to July of this year we see August single family median sales up $165,000 over July median sales. With that same timeframe, August Townhouse median sales are up an average of $38,500 over sales in July. Statistically these numbers are less significant but it is interesting to compare.