While real estate gains have been on the rise in Steamboat Springs for the last few years, it appears they peaked for single family homes in June, 2021. Condos and townhomes continue to see strong gains.

What’s the difference between gains and price appreciation?

Gains are year over year increases in price appreciation. So if a single family home increased in value by 20% for two years, the first year the gain would be 20%, while the second year the gain would be 0%.

Check out our short video below to dig deeper into the what we’ve uncovered.

Travis Crooke and Charlie Dresen of Colorado Group Realty discuss real estate trends from the start of the pandemic to now. See how these trends may or may not affect your real estate opportunities.

 

https://youtu.be/SPkHmg9uCWU