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Steamboat Real Estate Market Report: June 1-15, 2009

For the first two weeks in June, there were 17 Steamboat area properties that sold and 16 that went under contract.  Steamboat real estate buyers are seeing some great deals and are paying (on average) only 87% of asking price.

As Holly Rogers from Yampa Valley Bank keeps saying, “Steamboat is on SALE!

Would you like to learn what Steamboat properties are “on sale?” Please call (970) 819-6372 or contact us for a list of the best properties at the best prices.

Read on for the complete Steamboat Springs Summary Real Estate Report:

Steamboat RESIDENTIAL Real Estate Summary Statistics

High

Low

Average

Median

LP:

$2,950,000

$85,000

$692,829

$435,000

SP:

$2,600,000

$66,000

$706,683

$370,000

Steamboat Springs RESIDENTIAL Real Estate- Sold
ADDRESS BR Full and 3 Tot Sq Ft LP SP
Craig CO mobile home

Cottonwood

Two Two 924 $85,000 $66,000
The Grand Fractional Ownership

Mt. Werner Circle

Two Three 1526 $87,500 $80,000
Walton Village

Athens Plaza

One One 565 $205,000 $180,000
West End Village Deed Restricted

Abbey Ct

Two Two 1152 $262,500 $255,000
Pines Condos

Ore House Plaza

Two Plus Three 1220 $325,000 $275,000
Hayden, CO Single Family

Honeysuckle

Three Two 2738 $309,900 $298,000
Sunray Meadows condos

Columbine Drive

Two Two 1149 $325,000 $318,000
Steamboat Springs Duplex

Cherry Drive

Four Three 1856 $399,900 $370,000
Longview Townhome

Parkview Dr.

Three Two 1583 $470,000 $425,000
Steamboat springs Duplex

Cherry Drive

Three Plus Three 2944 $595,000 $480,000
Moraine Townhomes

Moraine Circle

Three Four 2092 $599,000 $550,000
Bear Lodge @ Trappeur’s Crossing Three Three 1836 $1,245,000 $1,118,250
Steamboat South Valley Home

RCR 14

Five Three 3514 $1,675,000 $1,600,000
The Porches Whole Ownership

Indian Summer Drive

Four Four 3903 $2,628,630 $1,985,000
Steamboat South Valley home

Deerwood Lane

Three Plus Three 3242 $2,950,000 $2,600,000
Total Listings Avg Avg
15 $810,828 $706,683
Steamboat Springs RESIDENTIAL Real Estate-ending
ADDRESS BR Full and 3 Tot Sq Ft LP
Craig, CO Single Family

Colorado

Three One 2212 $198,000
South Shore @Stagecoach

Navajo Trail

Three Two 1820 $249,900
Spring Meadow Condos

Walton Creek Road

Two Plus Two 920 $250,000
Hayden Single Family

Harvest Drive

Three Two 1512 $290,000
Alpine Ridge Condos

Village Drive #102

Two Two 1016 $319,900
Aspens at Walton Creek

Aspen Leaf Way

Three Plus Three 1521 $400,000
Brooklyn neighborhood of Steamboat

Pearl St.

Four Two 1740 $495,000
Fairview neighborhood

4th Street

Two One 1250 $559,000
Fairview

Evans Street

Two One 1300 $559,000
Downtown Steamboat

Hill Street

One Plus One 1200 $565,000
Old Town Steamboat

Buckskin Drive

Four Three 2417 $799,000
The Olympian Condos

5th St.

Two Two 1438 $1,077,000
Cabins at Lake Catamount

Lakeshore Trail

Three Plus Three 2370 $1,475,000
Total Listings Avg
13 $556,676

Steamboat Springs Land Summary Report

LAND Summary Statistics

High

Low

Average

Median

LP:

$1,175,000

$58,000

$616,500

$616,500

SP:

$49,000

$49,000

$49,000

$49,000

Steamboat Springs LAND – Sold
Ask Price Acres # Legal Desc ADDRESS LP SP
$58,000 0.85 Steamboat Lake Subdivision, North Routt TBD Longfellow Drive $58,000 $49,000
Total Listings Avg Avg
1 $58,000 $49,000
Steamboat Springs LAND – Pending
Ask Price Acres # Legal Desc ADDRESS LP
$1,175,000 100.83 Maytag Mountain Ranch Maytag Mountain Ranch Hwy 69 $1,175,000
Total Listings Avg
1 $1,175,000

Steamboat Springs Commercial Real Estate  Summary Report

COMMERCIAL/INDUSTRIAL Summary Statistics

High

Low

Average

Median

List Price:

$574,900

$99,900

$316,600

$275,000

Sold Price:

$220,000

$220,000

$220,000

$220,000

Steamboat Springs COMMERCIAL/INDUSTRIAL Real Estate- Sold
ADDRESS Sq Feet LP SP
Steamboat Downtown Commercial

Oak Street

693 $275,000 $220,000
Total Listings Avg Avg
1 $275,000 $220,000
Steamboat Springs COMMERCIAL/INDUSTRIAL Real EState- Pending
ADDRESS Area Sq Feet LP $/Sq Feet
RCR 51A HAYDEN- TOWN OF 900 $99,900 $111.00
1880 Loggers Lane W 40 CORRIDOR 2480 $574,900 $231.81
Total Listings Avg Avg
2 $337,400 $171
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