Steamboat Real Estate Week in Review: Nov. 17-23, 2008
Buyers of Steamboat real estate these days are looking for a deal. They stood on the sidelines as the bubble expanded and waited for reason to return to the real estate market. Now, armed with negotiating power and the chance to choose from a large supply of inventory, they are living the Colorado lifestyle.
If you are considering buying and would like more information on the advantages of purchasing real estate in this market, call me at (970) 819-6372 or contact me. We can discuss your goals and whether buying now is right for you.
Read 5 reasons to buy Steamboat real estate.
Last week, 2 of 5 properties that went under contract were Steamboat Grand fractional units. Find out why. Here are the weekly details:
Steamboat Real Estate Summary Report Nov 17-23, 2008
|
Steamboat RESIDENTIAL Real Estate- Sold |
|
Steamboat RESIDENTIAL real estate Summary Statistics |
||||
|
|
High |
Low |
Average |
Median |
|
List Price: |
$4,200,000 |
$55,500 |
$965,895 |
$427,000 |
|
Sold Price: |
$3,350,000 |
$182,000 |
$1,065,237 |
$415,000 |
| Neighborhood | ADDRESS | BR | Orig List Price | List Price at Contract |
Sold Price |
| Steamboat Fractional Ownership
Christie Condos |
2355 Ski Time Square Drive #123 | Three | $229,000 | $179,000 | $182,000 |
| Downtown Steamboat Springs
6th Street Condominiums |
259 6th Street | One | $229,900 | $219,350 | $199,900 |
| Craig, CO Single Family | 1300 Johnson Way | Five | $340,000 | $329,000 | $310,000 |
| Stagecoach, CO
Red Hawk Village At Stagecoach |
23740 Sagebrush Circle | Three | $410,000 | $410,000 | $410,000 |
| Fish Creek Area Townhome
Mountain Vista Townhome |
489 Mountain Vista Circle | Two Plus | $479,000 | $444,000 | $420,000 |
| Old Town Steamboat Springs
Single Family |
204 Park Avenue | Five | $2,200,000 | $1,875,000 | $1,800,000 |
| Ski-in, Ski-out Luxury Condo
Antlers@Christies Base |
2053 Ski Time Square Drive | Four | $2,150,000 | $1,995,000 | $1,850,000 |
| Rendezvous Trails Subdivision | 2580 Ridge Road | Six Plus | $4,200,000 | $4,200,000 | $3,350,000 |
| Total Listings | Avg | Avg | |||
| 8 | $1,206,418 | $1,065,237 |
|
Steamboat RESIDENTIAL real estate- Pending |
| Develop | ADDRESS | BR | Orig List Price | List Price at Contract |
| Steamboat Fractional Ownership
Grand Summit Resort Hotel (The Grand) |
2300 Mt. Werner Circle | One | $58,000 | $55,500 |
| Steamboat Fractional Ownership
Grand Summit Resort Hotel (The Grand) |
2300 Mt. Werner Circle | One | $57,500 | $57,500 |
| Craig, CO single family home | 342 Birch | Three | $243,000 | $238,900 |
| Steamboat Mtn. area Condo
Enclave@ SS |
3334 Spring Valley Dr | Three | $775,000 | $695,000 |
| Country Club Highlands | 2035 Clubhouse Drive | Four | $950,000 | $950,000 |
| 4 | $484,850 |
Posted: November 25th, 2008 under Market Reports.
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