5 Days on the Market in Steamboat

5 Days on the Market in Steamboat

An interesting thing happed this week.  We listed the highest priced condo in a complex here in Steamboat Springs that has seen devastating depreciation over the last 5 years. To our delight and suprise within 48 hours of putting it out there we had multiple offers.

Why is that news? It says some things about our market, that if a property is in good shape and is considered a good value, people are buying. It also is indicative of the lack of inventory right now.  It appears that many people who have been sitting on the sidelines waiting for the bottom to hit have finally noticed that we are there and in fact they are seeing slow growth and an upward trend here.

Lastly, but not by any means of less import, it shows that global marketing works.

Since most of our buyers are either from the Denver/front range or our feeder markets both nationally and internationally, it confirms that if you are going to put your home on the market you better make sure your broker has a comprehensive marketing plan and the resources to implement it.

Victoria Jackson and Mike Shuttleworth Headshot
Phone: 970-846-8692
Dated: March 5th 2013
Views: 651
About Victoria Jackson and: The Steamboat Luxury Team -Vicki Jackson and Mike Shuttleworth Vicki Jackson has been a Realtor f...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Coldwell Banker Distinctive Properties - The Steamboat Luxury Team
350 S Lincoln Ave.
Steamboat Springs, CO