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Steamboat Springs Single Family Home Sales April 2015

rp_dakota-ridge-5-copy-300x165.jpgThere is a shortage of single family homes under $800,000 in Steamboat, and with the shortage we have a lot of frustrated buyers who would like to purchase a place but are either overbid through multiple offers or aren’t finding what they want.  This low inventory is reflected in the April sales.

There were 12 single family homes that sold in April.  Four of the sales were over $1 million.  The average sales price for the month for single family homes in the area was $944,160.  The ratio of sold price to asking price was a solid 95%, but if you look at the sales under $600,000, the ratio is over 97%.  That means that sellers are getting about 97% of their asking price (or more, as you can see below.)

Here are the details:

AddressDevelopmentBRAsking PriceSold PriceSold/Asking
40460 Harbor PlaceSteamboat II SubdivisionThree Plus$374,900 $374,900 100%
33033 Maricopa TrailHorseback SubdivisionThree$425,000 $398,000 94%
320 Huckleberry LaneFish Creek HillFour$471,500 $460,000 98%
31590 Buckingham LaneTimbers VillageFour$535,000 $533,500 100%
1685 River QueenFairway Meadows SubdivisionFive$599,000 $550,000 92%
1568 Conestoga CirclePioneer VillageFour$575,000 $570,000 99%
27702 Silver SpurSilver Spur/ EstatesThree$599,000 $590,000 98%
41700 CR 38AStrawberry ParkFour Plus$995,000 $975,000 98%
1112 Steamboat BlvdSanctuary The SubdFour$1,385,000 $1,300,000 94%
2000 Bear DriveRunning BearFive Plus$1,495,000 $1,400,000 94%
11 E Spruce StreetEntress Subdivision, Routt County, CoThree Plus$1,925,000 $1,760,000 91%
649 Meadowbrook CircleMountain ViewFive Plus$1,950,000 $1,790,000 92%
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