Colorado Group Realty Insider - October 2019
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As another glorious Steamboat fall begins its transition to a white (and hopefully powdery) winter, we also begin a shift to a seasonally slower real estate market. While October is typically quite active (October 2018 was the second busiest month last year), when the snow falls in November, sales activity usually starts to dwindle.
Sales volume in Routt County between April-September 2019 averaged $51M/month, a stark difference from the average volume of $30M/month from November 2018-March 2019. While a winter slowdown is common in most cities across the country, it’s exacerbated in most ski towns. Nonetheless, 2019 is shaping up to be quite robust for real estate activity.
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