Steamboat Real Estate Week in Review: September 22-28, 2008
Here’s a quote from Warren Buffet worth thinking about as we wrap up another slow week in Steamboat real estate:
“If you buy the same [way] as other people, you will have the same results as other people. It is impossible to produce a superior performance unless you do something different from the majority. It is true, that to buy when others are actively selling, or to sell when others are greedily buying, requires the greatest fortitude–but it often pays the highest reward.”
Here is the information for the four sold Steamboat properties and five pending Steamboat properties:
Steamboat Springs Real Estate Summary Report
|
Steamboat Springs RESIDENTIAL Real Estate- Sold |
|
Steamboat Springs Multi-Class Summary Statistics |
||||
|
|
High |
Low |
Average |
Median |
|
List Price: |
$2,975,000 |
$89,000 |
$860,311 |
$649,000 |
|
Sold Price: |
$2,595,000 |
$120,000 |
$1,051,000 |
$744,500 |
| Develop | ADDRESS | BR | Tot Sq Ft | DOM | LP | SP |
| Steamboat Springs Fractional Ownership
Grand Summit Resort Hotel |
2300 Mt. Werner Cricle | Two | 1190 | 118 | $129,900 | $120,000 |
| West of Steamboat Single Family | Silver Spur Street | Four | 2332 | 66 | $649,000 | $629,000 |
| West of Steamboat Single Family | Winchester Trail | Three+ | 3447 | 134 | $949,900 | $860,000 |
| Steamboat Luxury home
Bliss-Daly Exempt |
Deerfoot Ave. | Five | 5700 | 278 | $2,975,000 | $2,595,000 |
| Total Listings | Avg | Avg | Avg | |||
| 4 | 149 | $1,175,950 | $1,051,000 |
|
Steamboat Springs RESIDENTIAL Real Estate – Pending |
| Develop | ADDRESS | Ask Price | BR | Tot Sq Ft | DOM | LP |
| Steamboat Fractional Ownership
Grand Summit Resort Hotel |
Steamboat Grand | $89,000 | Two | 1383 | 28 | $89,000 |
| Hayden, CO Townhome | 171 S 6th. Street | $310,000 | Three | 1493 | 108 | $310,000 |
| Fish Creek Falls Neighborhood
Stone Ridge |
Stoneridge Dr. | $885,000 | Three | 2360 | 109 | $885,000 |
| Yampa River Front Property | TBD County Road 14 | $1,600,000 | Two | 0 | 118 | $1,600,000 |
| Total Listings | Avg | Avg | ||||
| 4 | 90 | $721,000 |
Steamboat Springs Real Estate Summary Report
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Steamboat COMMERCIAL/INDUSTRIAL Real Estate- Pending |
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RESIDENTIAL Summary Statistics |
||||
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|
High |
Low |
Average |
Median |
|
LP: |
$2,975,000 |
$89,000 |
$948,475 |
$767,000 |
|
SP: |
$2,595,000 |
$120,000 |
$1,051,000 |
$744,500 |
| ADDRESS | Sq Feet | DOM | LP | $/Sq Feet |
| Hayden Commercial Space
140 S 6th St. |
756 | 106 | $155,000 | $205.03 |
| Total Listings | Avg | Avg | Avg | |
| 1 | 106 | $155,000 | $205 |
Posted: September 29th, 2008 under Market Reports.
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