Steamboat Real Estate Home Search and Blog

The past two weeks in Steamboat continue to show the trend toward the purchase of entry level single family homes and townhomes.  First time buyers (defined by Fannie Mae as someone who hasn’t owned real estate in 3 years) can still get financing up to 102% of a home’s purchase price.

The starter homes that sold this week are phenomenal deals.  A small 2 bedroom starter home in Hayden sold for 71% of its asking price–$93,000.  A small 2 bedroom starter home in Oak Creek sold for 76% of asking price–$100,000, and the seller even paid for some of the closing costs.

If you are a renter or someone in a condo looking to move up to a single family home in Routt County, there are multiple reasons to buy right now even if the market hasn’t bottomed.  Where some people can’t get financing even though they have perfect credit, plenty of cash in the bank and a steady income (possibly because they have a jumbo loan or are self-employed), first time buyers are getting loans.  (Click here to see a single family in N Routt priced to sell.)

Call (970) 819-6372 for more information on Steamboat area homes that are priced to sell, available financing, or the Steamboat real estate market.

Here is the Steamboat real estate sales summary:

Steamboat RESIDENTIAL Real Estate- Solds

Steambaot Springs Multi-Class (Residential, land, and commercial) Summary Statistics
	High	Low	Average	Median
List Price:	$1,265,000	$34,900	$452,200	$372,000
Sold Price:	$385,000	$34,900	$196,733	$186,250

ADDRESS	BR	Full and 3	Fin Sq Ft	LP	SP
Single Family in Hayden, CO N 4th Street	Two	One	653	$130,000	$93,000
Single Family in Oak Creek, CO First Street	Two	One	858	$130,000	$100,000
Christie Club Fractional Ski-in, Ski-out Ski Time Square Dr.	Four	Four	2298	$299,000	$272,500
Steamboat Townhome, Fish Creek Area Hilltop Pkwy	Three	Two	1267	$329,000	$295,000
Trappeurs Crossing Condo, Steamboat Mtn Area Village Drive Unit 1107	Two	Two	775	$415,000	$385,000
Total Listings				Avg	Avg
5				$260,600	$229,100

Steamboat RESIDENTIAL Real Estate – Pending

ADDRESS	BR	Full and 3	Tot Sq Ft	LP
Single Family in Hayden, CO Harvest Drive	Three	Two	1942	$290,000
Single Family in Clark, CO Neptune Place	Three	Three	2252	$429,000
Steamboat Mountain Area Covey Cir Quail Run	Three	Three	1618	$535,000
Old Town Steamboat Broad Street	Four	Three	3425	$1,265,000
Total Listings				Avg
4				$629,750

Steamboat Springs Land Summary Report

Steamboat Springs LAND – Pending

RESIDENTIAL Summary Statistics
	High	Low	Average	Median
List Price:	$1,265,000	$130,000	$424,666	$329,000
Sold Price:	$385,000	$93,000	$229,100	$272,500

Ask Price	Acres #	Steamboat Neighborhood	DOM	LP
$1,199,000	43.43	43 Acres in Steamboat’s South Valley	147	$1,199,000
			Avg	Avg
			147	$1,199,000

Steamboat Springs Commercial and Industrial Summary Report

Steamboat Springs COMMERCIAL/INDUSTRIAL Real Estate- Sold

LAND Summary Statistics
	High	Low	Average	Median
LP:	$1,199,000	$1,199,000	$1,199,000	$1,199,000
SP:	$0	$0	$0	$0

ADDRESS	LP	$/Sq Feet	SP	$/Sq Feet
Hayden Airport Garages RCR 51A	$34,900	$141.30	$34,900	$141.30
Total Listings	Avg	Avg	Avg	Avg
1	$34,900	$141	$34,900	$141

Steamboat Springs COMMERCIAL/INDUSTRIAL Real Estate- Pending

ADDRESS	Area	LP	$/Sq Feet	SP	$/Sq Feet
Hayden Airport Garages RCR 51A	HAYDEN- TOWN OF	$99,900	$111.00
Pine Grove Road	3-MOUNTAIN AREA	$560,000	$402.01
Bridge Lane Unit 3	1-DOWNTOWN AREA	$615,000
Total Listings		Avg	Avg	Avg	Avg
3		$424,966	$256