January 2022 Market Update
January 2022 | Market Update | Steamboat Springs
The end of February in Steamboat always presents the community with one of the most epic music fests… WinterWonderGrass. A collection of over 25 primarily Blue Grass bands served alongside 20 of Colorado’s most legendary brews. This year’s headliners include Trampled by Turtles, Yonder Mountain String Band, Kitchen Dwellers, and The Travelin’ McCourys. The community and family-friendly event features a colorful kids zone with face painting, hula hooping. and crafts. Come enjoy the music and let the kids roam free, and speaking of free, kids under 12 are free with an adults admission, and seniors over the age of 75 are also free. What could be better than taking in a Paradise Valley sunset, with a cold Colorado draft in your hand and jam the night away! You know we will be dancing under the stars and we hope to see you there!
The first month of 2022 is in the books and the market numbers were true to the fact that the inventory is slim and buyers are still lining up to get their piece. For the first time in quite a few months, we gained more listings than we sold. 48 properties were sold last month and we gained 53! At the end of January, there were 76 active homes, which is down 62% compared to the same point in 2021. Land is still hot and accounted for 30% of all transactions last month. Sales and Pendings have been trending downwards due to the low inventory and yet the average sales price is still climbing up. Many of the homes that carried over from 2021 have been sold and new listings are coming on fast and leaving just as fast. What a unique time to be a part of the market! Check out the aggregated statistics below:
Episode #10: Annual Market Update with Team Yazbeck
Get ready for some team fun as Robert Yazbeck, Marc Bennett and Cole Helberg drop knowledge about ’21/’22 annual real estate sales figures, market statistics, trends, and how much these transactions have moved the needle in the Yampa Valley before and during the pandemic. According to Robert Yazbeck, 2021 was a banner year for real estate in Steamboat Springs and the numbers don’t lie. We hope you’ll enjoy the expert banter and energy that only Team Yazbeck can bring! Tune in each week on Wednesdays for a new episode with insights and experiences of All Things Steamboat! You can also check out our Talk of the ‘Boat Podcast on Apple, Spotify, Amazon, or however you prefer to listen.
5 Acre Building Lot * Tap fees to be paid for by buyer– community shared well. * 30 minutes to Steamboat Resort * 13 minutes to Hayden Airport
List Price: $120,000
Hidden Springs Ranch is a private community land preservation subdivision that includes 190 acres of open space and trails for all sorts of recreation! This gorgeous 5-acre property is the perfect place to build a home with plenty of space to expand as well. The HOA allows for secondary dwellings, two outbuildings, and up to two horses per lot. Only 5 minutes away from downtown Hayden you’re conveniently close to plenty of restaurants, a grocery store, and anything else a small town needs! It’s also just a quick 13-minute drive to the Hayden Airport and a 30-minute drive to Steamboat Ski Resort. This amazing piece of land is pretty perfect considering all of the amenities and luxuries that come along with it.
