Colorado Group Realty Insider - September 2019
August sales volume in Routt County was $62M, down from $76M in August of 2018 but up from $56M in July of 2019 (which was also buoyed by a $10M home sale, the year’s largest transaction). Total volume for the year is down 5% from 2018 but is on track to be the county's second or third most active year ever. Median home prices continue to rise, up 3.4% in 2019, as inventory in certain segments remains somewhat restricted, putting upward pressure on home values. Routt County single family homes are the fourth most expensive of any county in Colorado with a median price of $675K. Compared to the median prices in Pitkin County ($3.25M) and Summit County ($1M), living in Steamboat seems like a bargain.
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