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Steamboat Townhome and Condo update

We’re having a beautiful late autumn here in Steamboat.  It’s the time when buyers start to think about snowy ski runs and having their very own condo or townhome to come back to after a day on the slopes.

Scroll down for Steamboat condos and townhomes that have sold or gone under contract since October.  This includes properties with 3-4 bedrooms between $400,000-$800,000.

As for the sold properties, nobody paid full price.  Recent buyers paid 7-10% less than the list price.

Finally, after seeing seven quarters in a row of declining sales here in Steamboat, the last two quarters have shown increases.  I’m not sure if we’re at the bottom, but the trend is at least going in the right direction.

If you’ve scheduled your ski vacation and would like to set up a time to look at properties, let me know when you’ll be arriving. I’ll have everything ready.

Here are the details:

SOLD  properties between $400,000-$800,000 with 3-4 bedrooms since October 1, 2009
Development ADDRESS # of Bedrooms List Price at time of offer Sold Price % of List Price
Willett Ridge Subdivision 278 Locust Ct. Three $449,000 $410,000 91%
Storm Meadows Condos 2215 Storm Meadows Dr #500 Three $450,000 $420,000 93%
Bear Creek Subdivision 1812 Hunters Drive Three Plus $499,000 $463,500 92%
Mountain area duplex 2270 Val D I’Sere Three $595,000 $540,000 90%
Enclave @ SS 3324 Spring Valley Drive Three $600,000 $550,000 91%
Total Listings Avg Avg
6 $520,333 $481,866
PENDING Sales—These are under contract and may not close.
Development ADDRESS List Price
Stone Lane Meadows 3408 Mica Court $409,900
Willet Heights 327 Cherry Drive $415,000
Timber Run Cond 2015 Walton Creek Road $419,000
Willows The 1100 Natures Lane $488,000
Meadowood Subdivision 1215 Meadowood Lane $648,000
Moraine Townhome Subdivision 1433 Moraine Circle $675,000
Trappeurs Crossing Condos 1875 Medicine Springs Drive Unit 4203 $745,000
Total Listings Avg
7 $542,842
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