Single Family Home in Steamboat Mountain Area–$649,000
This single family home on Willowbrook Court is located on a cul-de-sac close to the ski mountain, bike path, and bus route. Three bedrooms plus a den mean plenty of room for your family and guests. Master bedroom has walk-in closet and large bath with jetted tub and separate shower.
The home is located at the end of the cul-de-sac and has a large yard with separate fenced area for pets. Enjoy barbecues on the deck and the convenience to the bike path. You are minutes from the Steamboat ski mountain from Willowbrook Court, and the home is close to the bus route for convenience.
Call Eliese Pivarnik at 970.819.6372 or Jon Wade at 970.819.6930 for more details or to set up a showing.
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Posted: July 23rd, 2008 under Listings.
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Steamboat Real Estate Week in Review–July 14-20, 2008
In case you missed it among all the bad real estate press, $100,000,000 in Steamboat Springs real estate sold last month (June 2008).
Yes, the Steamboat Springs real estate market is slower this year. Heck, over $1.5 billion in real estate sold in 2007–an all time record. It was bound to be slower this year just because of the massive amount of property that changed hands last year. Throw in a slower economy and tighter credit, and–what a shocker–less real estate is being sold this year.
That doesn’t mean the sky is falling in. As I just mentioned, $100,000,000 in real estate sold last month.
This week, there were 6 Steamboat Springs properties that sold last week and 13 Steamboat properties that went under contract.
The average days on market for homes under contract was 51 days. If properties are priced right, they will sell.
List price to sold price was 95%. Sellers in Steamboat are not giving property away. The fundamentals for buying in Steamboat Springs are still there–more people want to move in than want to move out of Steamboat.
Here are the details for last week: Read more »
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Posted: July 21st, 2008 under Uncategorized.
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New Listing–4 br Eagle Ridge Townhomes
Share your Steamboat adventures with Family and Friends in this very desirable large 5 bedroom Eagle Ridge Town Home. This is the closest unit to the mountain, a 5 minute walk (3 minutes on a powder day) from the base but just far enough away to stay out of the construction. Read more »
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Posted: July 18th, 2008 under Listings.
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Steamboat Real Estate Bucks National Trends–Prices are UP
The Steamboat real estate market continues to defy the national housing market’s doom-and-gloom headlines. Prices from June 2007 to June 2008 are up over 6%. In fact,
- The Average Transaction Price for Steamboat Springs real estate is reported to be $719,799 a 6.25% increase over the average transaction price for the same time YTD last year.
- Median Transaction price for Steamboat real estate is also up from $389,000 to $400,000 compared to the same time YTD last year.
- 57% of the Steamboat real estate Residential Improved Units Sales for June were in the $1 Million and above price range, compared to only 45% last June.
What does that mean for buyers interested in Steamboat real estate?
Our market has definitely slowed as some buyers take a wait-and-see attitude toward the economy. On the flip side, we have more inventory to choose from so you can look around and find exactly what you want.
Savvy buyers purchase real estate (or stocks, or whatever) when market conditions slow down. Last year, sellers set prices, but this year buyers have more negotiating room.
If you’d like more information on Steamboat’s real estate market, call Eliese at 970.819.6372 or Jon at 970.819.6930 for a more in-depth analysis.
Thank you Bruce Carta from Land Title for providing these stats.
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Posted: July 18th, 2008 under Uncategorized.
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Summertime in Steamboat
It’s possible that summers in Steamboat Springs are even busier than winters. There is so much to do you’ll never fit all the activities in. This weekend was the Balloon Rodeo, Art in the Park, Strings in the Mountain, tubing the Yampa, tennis, swimming, camping, fly fishing, hiking, golfing, going to the rodeo and sitting around the fire pit toasting smores.
There is a saying that people come to Steamboat for the winters and stay for the summers. It’s true. Summertime in Steamboat is gorgeous and it is the only time of year you can visit most of the public land in and around Routt County.
Half of the land in Colorado is government owned. We have huge National Forests and Wilderness areas that can only be accessed without snowmobiles in the summer and early fall. That’s the three month period between the last snow melt and first snow fall. The Routt National Forest and Zirkel Wilderness areas are incredibly beautiful and worth a day hike or camping trip or two. Buffalo Pass and Rabbit Ears are close by and have spectacular scenery and wildflowers.
If you haven’t had a chance to make it to Steamboat, come during the summer and enjoy all the fun.
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Posted: July 13th, 2008 under "Don't Miss" Activities.
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Steamboat Real Estate Week in Review–July 4-July 13
Last week, 4 Steamboat properties sold and 13 went under contract. The South Valley land parcel that sold for $4,950,000 was a 77 acre parcel with Yampa river frontage. There was also a 2+ acre development parcel that went under contract with an asking price of $4,640,000.
Most of the real estate under contract was within the Steamboat area. A land parcel and townhome in Stagecoach also went under contract.
Call Eliese at 970.819.6372 or Jon at 970.819.6930 for more information or details about these or other available Steamboat properties.
Steamboat Springs Real Estate CMA Summary Report Read more »
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Posted: July 13th, 2008 under Market Reports.
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New Listing–Luxury Eagle Ridge Townhome in Steamboat Springs
My teammate at Colorado Group Realty, Jon Wade and I have two Eagle Ridge Townhomes listed for sale. The first is a five bedroom end unit with amazing ski mountain views for $1,750,000. The Steamboat Springs MLS number is 122762. This luxury unit comes fully furnished and has 5 bedrooms, 5 baths, and a two car garage. See pictures here.
The second unit is a four bedroom place for $1,589,000. The Steamboat Springs MLS number is 122775. It has 4 bedrooms, 4 baths, a one car garage and comes fully furnished. For more information on these and other luxury Steamboat townhomes, please call Jon at (970) 819-6930 or Eliese at (970) 819-6372 or email us.
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Posted: July 9th, 2008 under Listings, Steamboat Condos.
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Selling your Steamboat Home? Don’t Overlook the Baths
Selling a home in today’s Steamboat Springs real estate market requires more effort than it did a year ago. Inventory is up, which means there is more competition for a buyer. In fact, there are over 100 single family homes for sale in the Steamboat Springs area between $450,000 and $13,000,000.
What should you do to make your Steamboat home stand out? Besides the crucially important cleaning, de-cluttering, removing extra furniture and tidying the front entry, the two most important rooms are kitchens and baths.
Bathrooms are easy to overlook when you are selling your home. Some people will remodel the bath before putting their home up for sale.
If you decide to remodel, don’t go overboard. Overimproving a bath is a bad idea. You’ll never recoup your costs. In fact, mid-level bathroom remodels will return 71% of your costs when you sell but upscale remodels only return 60%.
A survey last year by a Realtors group found that only 36% of buyers insisted on a separate shower and only 13% needed a whirlpool bath. The lesson? Keep the remodel simple.
If a bathroom remodel is not in your budget, you can still attract buyers by making the bath clean and shiny. Clean every surface and get rid of the clutter. Bathrooms that are not clean and sparkling are a definite turnoff. Some buyers will walk in, look at the bathroom, and then make a U-turn and walk right out.
Bathrooms are important to Buyers, but your home must be priced right to sell.
Would you like a price opinion on your home? Call Eliese at (970) 819-6372 or Jon at (970) 819-6930 or contact us for a free home valuation.
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Posted: July 6th, 2008 under Selling Steamboat Real Estate.
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Steamboat Real Estate Week in Review: June 23-July 3, 2008
Steamboat Springs Real Estate is selling. Last week,
21 Steamboat area properties sold (14 residential, 7 land) for 95% of the List Price and
23 Steamboat area properties went under contract (19 residential, 4 land).
In addition, 8 Steamboat Springs commercial properties sold, mainly Hayden Airport Garages. Read more »
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Posted: July 6th, 2008 under Market Reports.
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Steamboat Real Estate–Sold and Under Contract
Anyone who reads this Steamboat real estate blog knows I do a market report weekly listing all the Steamboat properties that sold and the Steamboat properties that went under contract. You can find specifics in those reports, but this is a chart that lists only the number of Steamboat area properties that sold and those that went under contract.
The Solds and Under Contracts include everything–Steamboat condos, Steamboat Single family homes, Stagecoach land, North Routt properties, Hayden homes and land and even properties from Craig, Colorado that were on the Steamboat Springs MLS.
Contact me for more information.
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Posted: July 6th, 2008 under Real Estate.
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