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Steamboat Real Estate Market Report for Feb 15-28, 2010

Steamboat real estate activity at the end of February saw 18 Steamboat homes go under contract and 10 Steamboat properties close.  The average sold price was $658,320, and the average price for a property that went into escrow was $572,469.  Bank-owned properties and short sales were the ones buyers chose, with 4 Sunray Meadows Short Sales (where a home is sold for less than what is owed) closing and a bank-owned luxury home in Dakota Ridge selling for $1,250,000.

Downtown, The Victoria closed its first sale.  This project was introduced to the market three years ago without any residential sales.  The condo that sold had incredible views of Yampa St. and Howelson Hill, and the buyer who purchased it got it for about half the original list price.

Here are the Steamboat Springs real estate details:

Steamboat Springs Real Estate Summary from Feb 15-Feb 28, 2010

Steamboat Springs RESIDENTIAL Real Estate – What Sold
Bedrms Development ADDRESS Orig Price List Price

At Contract

Sold Price $/Tot Sq Ft
Two Sunray Meadows Condos 3330 Columbine Drive $375,900 $250,000 $240,000 $230.99
Three Sunray Meadows Condos 3330-3 Columbine Drive $369,000 $284,900 $280,000 $242.63
Two Sunray Meadows Condos 3315-7 Columbine Drive $295,000 $290,000 $284,500 $247.61
Two Sunray Meadows Condos 3305 Columbine Drive $299,000 $280,000 $285,000 $268.87
Three Hilltop 589 2nd st $502,900 $299,500 $290,000 $210.45
Two Plus Winterwood Townhomes 2749 Burgess Creek Rd $399,000 $349,000 $307,000 $193.81
Five Ski Ranches Subdivision 2660 Alpenglow Way $1,842,500 $1,199,000 $935,100 $177.20
Three The Victoria 941 Lincoln Ave. $2,079,800 $1,650,000 $1,031,600 $400.00
Five Plus Dakota Ridge Subdivision 31605 Aspen Ridge Road $1,800,000 $1,695,000 $1,250,000 $203.82
Four Anglers Ridge 798 Anglers Court $1,795,000 $1,795,000 $1,680,000 $485.41
Total Listings Avg Avg Avg
10 $809,240 $658,320 $266


Steamboat Springs RESIDENTIAL Real Estate- What Went Pending
Bedrms Development ADDRESS Orig Price List Price

At Contract

$/Tot Sq Ft
Three Stagecoach Townhomes 23050 Schussmark Trail #1002 $185,900 $185,900 $131.29
Two Whistler Village Thm 17 Sequoia Court $197,000 $197,000 $203.51
Three Org Town of Oak Creek 310 Grandview $199,000 $199,000 $159.20
Two Whistler Village Thm 17 Cypress Court $229,500 $205,000 $211.78
Four Christie Condos 2355 Ski Time Square Dr. #314 $235,000 $225,000 $103.40
One PineOrehousePlaza 380 Ore House Plaza $299,000 $239,000 $310.39
Four Other 8501 CR 33 $249,900 $239,900 $102.00
Two Lodge @ Steamboat Condo 2700 Village Drive, #A-104 $465,000 $325,000 $312.20
Three Other 3442 LaRoca Court $495,000 $385,000 $220.00
Two Ranch Steamboat Springs Condo The Ranch 505 $445,000 $399,000 $300.90
Three Longview 629 Parkview $434,900 $429,900 $271.57
Three Plus Ranch Steamboat Springs Condo 1695 Ranch Rd. $524,000 $460,000 $291.88
Four Tree Haus 36985 William William Dr $575,000 $524,750 $199.07
Four Hunters Glen 1617 Red Hawk Court $1,200,000 $900,000 $239.17
Five Plus North Meadows Subdivision 1865 Montview Ct $1,200,000 $1,200,000 $154.14
Four CrawfrdAddtoSS 14 Logan Ave $1,295,000 $1,295,000 $343.50
Three Plus Metes & Bounds 38000 Saddle Mountain Circle $1,395,000 $1,395,000 $529.61
Three Plus Other 43380 Elk Park Trail $1,499,999 $1,499,999 $464.11
Total Listings Avg Avg
18 $572,469 $252
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