Steamboat Condo Sales in Jan 2012

February 4, 2012

Steamboat condos

There were 19 Steamboat Springs condominium and townhome sales in January with an average sold price of $196,981.  It’s hard to believe that buyers couldn’t find a Steamboat condo to buy for under $300,000 at the peak of the market, and five years later, more than 50% of sales are for less than $150,000.

REO/Bank owned condos accounted for 36% of sales, mainly in the entry level market like Shadow Run, Meadowlark, Walton Village and Stagecoach Townhomes.

Positive trends we’re seeing include Steamboat developments finally selling out of the developer owned units.  The Highmark at Steamboat closed on the last available developer condo this month, and First Tracks at Wildhorse has only 1 more 2 BR available before resales will be the only way to buy a condo at First Tracks.

Edgemont has only 13 luxury ski in, ski out condos left of the 39 original residences, so buyers are looking in all price ranges for new developments with value pricing.  Here is a list of the sold condos: Read more

Edgemont Pool

January 27, 2012

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With Edgemont’s ski-in, ski-out location, you can click out of your skis and be soaking in the luxurious saline pools in moments.   Of the 39 residences originally available at Edgemont, only 13 remain for sale.  So call us at 970-819-6372 to schedule a tour…..and bring your swimsuit!

Prices now start at $895,000 for two bedroom residences and $1,295,000 for 3br residences.

Edgemont Pool View of Flattops

First Tracks at Wildhorse–One Condo Left

January 27, 2012

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One 1 two bedroom condo at First Tracks at Wildhorse remains for sale.  This project has sold out over the last two years because buyers were attracted to the new units with rock-bottom pricing.

Interested in purchasing the last condo at First Tracks?  Call us at 970-819-6372.

Steamboat Condo Sales in December 2011

January 13, 2012

See all the Steamboat Springs condo sales below.  And if you are coming to Steamboat and want to schedule a time to look at available properties, please contact us.

Steamboat Condo DevelopmentAddress# BedroomsAsking PriceSold Price% Buyers Paid of Asking Price
The Victoria941 Lincoln Ave, Unit 7Two Plus$645,150 $541,926 84%
Fox Creek Subdivision1169 Hilltop Pkwy #304Studio$114,900 $109,000 95%
Edgemont Condominium2410 Ski Trail Lane #2803Five$3,450,000 $2,825,000 82%
Lodge @ Steamboat Condo2700 Village Drive #A301Two$298,000 $276,500 93%
Ranch Steamboat Springs Condo1700 Ranch Rd. #219Two$285,000 $250,000 88%
Rockies Condo1945 Cornice Rd. #2426One$98,000 $94,500 96%
Shadow Run Condos1555 Shadow Run Ct.Two$99,500 $95,000 95%
Storm Watch @ Steamboat Condos1800 Burgess Creek RoadOne$179,000 $152,000 85%
The Highmark at Steamboat Springs2525 Village Drive, Unit 6BFour$1,095,000 $1,090,000 100%
Walton Village Condo1395 Sparta PlazaOne$99,900 $65,000 65%
Wildhorse Meadows - First Tracks2545 Cattle Kate Circle, Unit 3102One$169,000 $169,000 100%
Wildhorse Meadows - First Tracks2545 Cattle Kate Circle, Unit 3106Two$229,000 $229,000 100%
Wildhorse Meadows - First Tracks2545 Cattle Kate Circle, Unit 3304Two$249,000 $249,000 100%
Wildhorse Meadows - Trailhead Lodge1175 Bangtail Way, Unit 2102Three$715,000 $715,000 100%
Wildhorse Meadows - Trailhead Lodge1175 Bangtail Way, Unit 3102Three$725,000 $725,000 100%
Rocky Peak Village211 Willett Heights TrailFour$649,500 $615,000 95%
Aspens At Walton Creek3084 Aspen Leaf WayThree Plus$450,000 $419,275 93%
Columbine Townhomes2148 Aster PlaceFour$298,900 $305,000 102%
Herbage Thm Condo2735 Apres Ski Way Unit D5Three Plus$325,000 $319,500 98%
Indian Meadows Townhome3170 Ingles LaneThree$155,000 $145,000 94%
North Meadows Subdivision2037 Steamboat Blvd.Four$869,000 $835,000 96%
Ski Ranches Subdivision2535 Longthong DriveThree$500,000 $500,000 100%
Stonecreek @ Steamboat1808 Stone Creek Ct.Four$1,130,000 $1,039,645 92%
Stonewood@Eagle1205 Eagle Glen DriveFour$1,575,000 $1,235,000 78%
Walton Village Condo1220 Sparta PlazaThree$189,900 $194,000 102%
Whistler Village Thm10 Sequoia Ct.Two$115,000 $108,821 95%
Whistler Village Thm31 Cedar CtTwo$124,500 $118,000 95%
Whistler Village Thm15 Cypress CourtTwo$139,900 $127,000 91%
Woodbridge Thm1604 Woodbridge Ct.Three$199,000 $210,000 106%
West End Townhomes2305 Abbey CtThree$217,000 $217,000 100%
$15,389,150 $13,974,167 91%

One Steamboat Place Sales

January 12, 2012

One Steamboat Place

One Steamboat Place has had steady sales since coming back on the market in August. In December, 4 more fractional ownership residences sold bringing the total to 10 One Steamboat Place fractional sales since the debt was restructured and prices were lowered.

There have also been 8 whole ownership sales (with 2 more pending) since August ranging in price from $1,395,000 for a unique 2+ bedroom to $2,395,000 for the typical 4 bedroom.

November 2011 Condo Sales

December 15, 2011

Steamboat Condo Sales November 2011

Steamboat Springs condominium and townhome sales during November, 2011.
Steamboat Springs AreaSteamboat DevelopmentAddressBRAsking Price at time of offerSold Price
1-DOWNTOWN AREAOlympian Subdivision35 5th Street, Unit 203Three 897,500 828,000
1-DOWNTOWN AREAResidencesofOT730 Yampa StreetTwo 342,500 312,000
3-MOUNTAIN AREABronze Tree Condos1995 Storm Meadow Dr. # 304Two 349,500 316,000
3-MOUNTAIN AREACasa De Las Sierra Condo2315 Ski Trail LaneTwo Plus 289,500 260,000
3-MOUNTAIN AREAMeadows at EagleRidge2800 Eagleridge Dr, Sheffield IVThree 349,000 334,250
3-MOUNTAIN AREAOSP Condominium at Apres Ski Way2250 Apres Ski WayTwo Plus 1,395,000 1,395,000
3-MOUNTAIN AREAOSP Condominium at Apres Ski Way2250 Apres Ski WayFour 2,325,000 2,325,000
3-MOUNTAIN AREAPines Condo460 Ore House Plaza E-303Two Plus 350,000 280,000
3-MOUNTAIN AREAPromontory @ Steamboat Condo2490 Apres Ski Way #5Three 362,250 330,000
3-MOUNTAIN AREAShadow Run Condos1535 Shadow RunOne 94,999 85,500
3-MOUNTAIN AREAStorm Meadows Condos2355 Storm Meadows DrTwo 379,000 322,500
3-MOUNTAIN AREASunray Meadows Condos3365 Columbine DriveTwo 230,000 220,000
3-MOUNTAIN AREAVillas @ Walton1482 Morgan Court Unit 1703Two 225,000 213,000
3-MOUNTAIN AREAVillas @ Walton1431 Morgan CourtTwo 249,000 225,000
3-MOUNTAIN AREAWalton Village Condo1385 Sparta Plaza, Rho 2One 73,900 63,000
3-MOUNTAIN AREAWalton Village Condo1380 Athens PlazaOne 68,000 67,000
3-MOUNTAIN AREAWildhorse Meadows - First Tracks2545 Cattle Kate Circle, Unit 3301Two 229,000 229,000
3-MOUNTAIN AREAWildhorse Meadows - First Tracks2545 Cattle Kate Circle, Unit 3303Two 229,000 229,000
3-MOUNTAIN AREAWildhorse Meadows - First Tracks2545 Cattle Kate Circle, Unit 3302Two 259,000 259,000
SOUTH VALLEYTimbers Condo31500 Runaway PlaceOne 84,900 67,500
2-FISH CREEK AREAFox Hunt Subdivision955 Falling Water LaneThree 565,000 510,000
3-MOUNTAIN AREAChadwick Estate1451 Eagle Glen DriveFive 2,375,000 1,850,000
3-MOUNTAIN AREALandings @ Steamboat1927 Spinnaker LaneThree 649,500 565,000
3-MOUNTAIN AREAOSP Condominium at Apres Ski Way2250 Apres Ski WayFour 330,000 330,000
1-DOWNTOWN AREASteamboat Ridge Subdivision382 Old Fish Creek Falls RdThree Plus 249,000 249,000
2-FISH CREEK AREAEaglepointe Subdivision525 Eaglepoint CourtFour 250,000 235,000
2-FISH CREEK AREALongview580 ParkviewThree 265,000 250,000
3-MOUNTAIN AREAAlpine Vista Townhomes1668 Alpine Vista CourtFour 850,000 775,000
3-MOUNTAIN AREAChadwick Place1555 Eagle Glen DrFour 1,250,000 1,125,000
3-MOUNTAIN AREACornerstone1572 Moraine CircleThree 529,000 495,000
3-MOUNTAIN AREAEagleRidge Townhomes1446 Flattop CircleFour 899,000 800,000
3-MOUNTAIN AREAFairway Meadows Subdivision1825 ClubhouseFour 1,295,000 1,100,000
3-MOUNTAIN AREAIndian Meadows Townhome3174 Ingles LaneTwo 105,000 103,000
3-MOUNTAIN AREAOther1740 Burgess CreekFour Plus 1,400,000 1,350,000

Edgemont Announces New Pricing AND New Townhomes for 2012

December 14, 2011

Edgemont Condos  Steamboat

Edgemont Ski In, Ski Out Condos

Edgemont ski-in, ski-out condos in Steamboat Springs has lowered prices and announced the second phase of four townhomes for the 2012 ski season.

Edgemont has 39 luxury residences–25 have sold and one is under contract.  The largest condos have sold although there are a nice selection of 2- and 3-bedroom condos still available.

See the remaining Edgemont condos for sale here.

Buyers looking for a 4-5 bedroom luxury residence can pre-purchase a new Edgemont Townhome.  The new Edgemont townhomes will have the same features and finishes you’ll see in the condos.

Edgemont Townhomes Now on Sale

For investors, Edgemont has some of the best rental revenues for ski-in, ski-out properties.  Contact us for rental information.

Edgemont has long-term financing for qualified buyers, so you won’t have any condo-tel financing hassles.

HOAs at Edgemont include everything but your electric and property taxes, and owners can have pets.

Call us at 970-819-6372 and see why Edgemont is Steamboat’s best-selling luxury ski in, ski out condominiums!

Edgemont Pool

Trailhead Lodge at Wildhorse Meadows Now 40-50% Off Original Pricing

December 13, 2011

Trailhead Lodge Steamboat

Trailhead Lodge Condos

Trailhead Lodge at Wildhorse Meadows are the brand-new, furnished, high-end condos with its own gondola to the base area.  And now, Trailhead Lodge is back on sale for 40-50% off the original prices.

See Trailhead Lodge pricing and availability here.

Trailhead Lodge originally pre-sold 70% of their condos at the absolute market peak in 2007.  Buyers lined up willing to pay over $1M for a 2 bedroom condo thinking they’d flip it when the building was finished and make a pile of cash.

We all know how that story ended.

Trailhead Lodge rented well last winter, but none of the condos sold because of the high prices.  The remaining inventory was sold to a new investor and buyers are now able to purchase these brand-new, furnished condos at a fraction of the original price.

Several went under contract the first week they were re-introduced, and 2012 should see more buyers at Trailhead who want to purchase a new condo in Steamboat for prices as low as $220,000 for a studio and $500,000-ish for a 2 bedroom.

Call us at 970-819-6372 for current availability, or see what’s for sale at Trailhead here. (Not all the available condos are listed, so call or email if you want to see the full inventory list.)

Trailhead Lodge fire pit

Trailhead Lodge fire pit

Wildhorse Meadows gondola

Trailhead Lodge at Wildhorse Meadows amenities

Game Room at Trailhead Lodge condos

Trailhead Lodge fitness area

Fitness Area at Trailhead Lodge

Trailhead Lodge with grotto hot tubs and pool

Steamboat Condo Sales for October 2011

November 7, 2011

Highmark Condos and Steamboat Ski Area

Over $10.5M of Steamboat condominiums changed ownership  in October 2011.   The list to sold price ratio averaged 90%, meaning most buyers were getting an average of 10% off the list price.   The Victoria and The Dulany saw the most discounting while other Steamboat condos sold for over the asking price.   (There is only one 2 bedroom left at The Victoria, and in my opinion, is one of the best deals available downtown.)

Search all Steamboat condos for sale here.

Type Asking Price Sold Price List to Sold Ratio Development Address # BR
Steamboat Townhouse $308,000 $308,000 100% Longview 477 Parkview Drive Three
Steamboat Townhouse $129,000 $129,000 100% Whistler Village Thm 31 Cypress Ct. Two
Steamboat Townhouse $129,900 $129,900 100% Whistler Village Thm 20 Sequoia Court Two
Steamboat Townhouse $210,000 $197,500 94% Chinook Townhomes @ Walton Village 3100 Chinook Lane #6 Two
Steamboat Townhouse $209,000 $202,000 97% Chinook Townhomes @ Walton Village 3100 Chinook Lane #3 Two
Steamboat Townhouse $356,000 $322,000 90% Ski Ranches Subdivision 2767 Laurel Lane Three Plus
Steamboat Townhouse $645,000 $635,000 98% Cornerstone 1571 Moraine Circle Three
Steamboat Townhouse $846,885 $730,000 86% Alpine Vista Townhomes 1670 Alpine Vista Court Four
Steamboat Townhouse $846,885 $730,000 86% Alpine Vista Townhomes 1670 Alpine Vista Court Four
Steamboat Townhouse $1,295,000 $1,150,000 89% Cimarron 1943 Cimarron Circle Unit, #13 Five
Steamboat Condo $839,800 $700,000 83% The Victoria 941 Lincoln Ave, Unit 6 Two Plus
Steamboat Condo $74,900 $69,900 93% Walton Village Condo 1375 Sparta Plaza Sigma 1″” One
Steamboat Condo $69,000 $70,000 101% Walton Village Condo 1380 Athens Plaza – Beta 15 One
Steamboat Condo $90,000 $85,000 94% Shadow Run Condos 2900 Whistler Rd. E 103 Two
Steamboat Condo $100,000 $100,000 100% Powder Ridge (Golden Horn) 3027 Columbine Drive, #3 Two
Steamboat Condo $178,500 $162,000 91% Pines Condo 500 Ore House Plaza (Unit C104) One
Steamboat Condo $235,000 $219,500 93% Hillsider Condo 2515 Apres Ski Way Two Plus
Steamboat Condo $248,500 $235,000 95% Quail Run 3425 Covey Circle Two
Steamboat Condo $359,000 $330,000 92% Ridgecrest Condo 1805 River Queen Lane #306 Three Plus
Steamboat Condo $599,000 $500,000 83% Dulany Condo 2286 Apres Ski Way Dulany 104 Three
Steamboat Condo $1,650,000 $1,500,000 91% OSP Condominium at Apres Ski Way 2250 Apres Ski Way Four
Steamboat Condo $2,295,000 $2,030,000 88% OSP Condominium at Apres Ski Way 2250 Apres Ski Way Four

First Tracks at Wildhorse Meadows Close-Out Sale

October 31, 2011

First Tracks at Wildhorse Meadows Steamboat

First Tracks at Wildhorse Meadows

First Tracks at Wildhorse Meadows  is a great buy right now, with only five 2 bedroom condos and a couple studios left.   The project is almost sold out after lowering their prices last week on the remaining condos. (Three went under contract last week.)

See available First Tracks condos for sale here.

People like this project because:

If you would like to know more, please call us at 970-819-6372.

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