Market Update


Summer is in full swing in the Yampa Valley. After such a fantastic snowfall year and a wet spring, the river is flowing at it’s peak and the entire valley is blanketed in green. No doubt about it this is the summer season to spend in Steamboat.

Summertime in Steamboat draws huge crowds from around the nation, our mild temperatures and beautiful scenery proves to be the perfect escape. The beginning of 2019 started slower than the previous year with $46.4 million in transactions. As the snow thawed and we headed into spring, April saw a 3.48% increase in transactions over 2018. As the summer season gets going and the flights start coming in, we expect to see that percentage continue to increase through August and into the fall.

The mountain area accounted for 43% of transactions in April, with downtown and Fish Creek Falls tying for second at 8% of transactions each.

Located in the mountain area, The Porches is right at the heart of everything, just 400 yards from the base area and a quick drive to town. Quality construction and unparalleled services and amenities set us apart from other properties in town. Offering 6 weeks per year with additional weeks available, our fractional ownership program allows our owners to spend as little or as much time in Steamboat as they want. With such flexibility of use and an impeccable staff, we’ve welcomed two more fractional owners to The Porches this year.

We are looking forward to a spectacular summer in Steamboat and if you’re in the neighborhood, we welcome you to stop by and see our open house, open daily 10am to 6pm.

2nd Quarter Numbers

$133,801,700 in gross volume for February 1, 2019- April 30, 2019.

246 transactions for February 1, 2019- April 30, 2019.

$82,808,600 in transactions in the mountain area for January 1, 2019- April 30, 2019.

The mountain area accounts for 41.28% of the total number of transactions YTD.

The mountain area accounts for 45.94% of the total dollar volume of transactions YTD.

For more information on the Steamboat market or Porches ownership opportunities, contact The Porches sales team.