Year-end numbers for 2011 show that real estate sales for Steamboat and Routt County were down slightly from 2010.  The year-end gross sales volume was $450m, which shows a decline of 12% from last year.  Overall, residential sales transactions were higher in 2011 with 619 transactions, as compared to 485 in 2010.  Higher priced transactions remain relatively flat in 2011; with 40 transactions over $1.5m in 2011, as compared to 38 transactions in 2010.

Bank sales are still a strong force in the market.  We saw 155 sales of bank-owned property in 2011, as compared to just 72 in ...