Steamboat Springs Q2 2023 Market Updates

Steamboat Springs Q2 2023 Market Updates


  • The Yampa Valley Housing Authority’s Mid Valley project, an effort to build workforce housing for the “missing middle,” is getting a $4 million boost from a state grant. ● As planned, the Mid Valley housing project includes 84 for-sale condominiums and 150 apartment units for rent. All of the units will be deed-restricted and will target people who are working in Routt County or retired from local employment.
  • As always workforce housing is a hot topic:
    – 23 acres purchased in front of the Steamboat Springs Airport, –  Redevelopment to come in the next 1-2 years
    – Commercial industrial and Live work, apartments for the ski area, etc.
  • Routt County Environmental Health to implement new Septic inspections upon each sale of property
  •  City of SS broke ground on a new city hall on 10th street
 2022 Q22023 Q2%+-
VELOCITY (Source – RE Colorado / Matrix)   
Commercial Sales Volume$2,633,500$1,200,000-54.43%
Commercial Transactions51-80%




 City of Steamboat Springs)

All Sales Tax$2,089,941$2,198,917+5.21%
Lodging Taxes$190,831$177,661-6.9%

About The Author

Ron Wendler, The Group Inc, Steamboat

Ron has been in his Real Estate business for over 26 years with living in Steamboat Springs for over 40. With that said Ron has extreme knowledge in all aspects of Real Estate sales and investing. Founder of Colorado Group Realty in 1996 and merged with The Group Inc. out of Ft Collins in 2022. Now with close to 400 Brokers in Northern Colorado he has the market surrounded He has what you need to improve your portfolio. Within our referral network entire network we can represent you in all aspects of cash flow real estate investments, commercial and residential developments and not to mention our experience in residential/luxury home sales, ranches and recreation properties.