Welcome to The Paoli Group Market Update

Our examination of the Steamboat Springs real estate market.


The Paoli Group Website   |   The Paoli Group Blog   |   Members

    Hope you had a fun Halloween weekend. This Thursday, November 5th at the Steamboat Grand Ballroom our firm, Colorado Group Realty will be presenting the Steamboat Springs Real Estate Round Up and Expo. The event is designed to bring together seasoned experts and provide the public with current knowledge and information regarding the Yampa Valley's real estate market.

The expo will be from 4pm to 5:30pm and consists of 35 builders, designers, engineers, title companies, lenders and developers to answer questions and provide information to attendees.

The presentation will be from 5:30pm to 6:30pm. It begins with an update on area real estate statistics and will be followed by guest speaker Richard Evans, District Manager of Stewart Title. Richard will discuss foreclosures and short sales in Colorado and will take questions from the audience.

At 6:30pm will be the reception. If you are able to attend we look forward to seeing you there! Please email or call us if you need more information.

We would also like to mention, we have been updating our website and blog. Our website now has a Foreclosure Information section under Property Search on our home page. If you are interested in learning more about any of these properties please let us know. Click here to see the list. Our blog is updated throughout the month with local events, fundraisers, fun photos, interesting real estate news and tips, etc. Click here to see our blog and become a follower. Also, we have a Paoli Group and Paoli Group Fan Page on Facebook if you would like to join. If you have any topics you would like us to add to our website, blog or Facebook please let us know.



September 2009 Market Analysis for Routt County

1.  Routt Market = Volume versus Units sold (included numbers back to 2004).

2.  Routt Chart = Market Comparison Chart.

3.  Routt Area = Sales by Area (including a running tally from the beginning of 2009).

4.  Routt Interval = Interval Breakdown (including a running tally from the beginning of 2009).

5.  Routt Price = Price Points (including a running tally from the beginning of 2009).

6.  Routt Lender = Top Lenders for the Month (when a Deed of Trust is recorded, we take the actual name of the financial institution that was on that Deed and come up with those numbers).


Summary for the month for September:

• $27,238,500 in sales volume for the month.

• $3,776,200 of the volume was from Fractional/Timeshares.

• The total volume sold for this month was 72% of the previous September 2008

• 86 units sold for the month making this the second highest month for number of units sold.

• 42 of the units sold were from Fractional/Timeshares.

• The total units sold for this month was 22 more than sold last September 2008.

• Only 157 loans were reported closed for the month of September. This includes refinances, seconds and any loan associated with a sales transaction.

• Almost 9% of those loans were owner carry.

• 19 of the 37 residential units sold this September were for $500,000 or below.



Notable sales over $1.5M:

• 9/30/2009 $1,600,000 Sanctuary Subd Filing #5 Lot 90 which sold for $366.89 PSF. This is a Single Family home with 4,361 SF Living Area 4 Brm 5 Bath on .49 Acres. Shown and accounted for in the Steamboat Mountain Area designation.

Chris Paoli
Owner/Broker
Cell 970.819.1432
chris@mybrokers.com

Amy Brown
Broker Associate/Broker Assistant to Chris Paoli
Colorado Group Realty, LLC
Cell 970.846.2114
Fax 970.870.2803
amybrown@mybrokers.com


www.steamboat-springs-developments.com


The Paoli Group Blog: www.steamboatcoloradorealestate.blogspot.com


Join The Paoli Group
Click here to become part of our Facebook Page.
Click here to become part of our Facebook Group.







[UNSUBSCRIBE] if you do not want to receive any more newsletters

[FORWARD] to forward this message.

[CONTENT]