October 2015 Condo Sales in Steamboat

November 18, 2015

rp_torian-plum-2-2-300x179-300x179-300x179.jpgIn October 2015, 41 condos and town homes sold in Steamboat Springs representing over $16 million in real estate dollar volume.  Almost 65% of the sales closed for less than $500,000 in popular developments like Eagle Ridge TownhomesThe Lodge, Quail Run, Timber Run, The Rockies, and the Villas at Walton Creek.  Steamboat condos that sold ranged in price from $115,000 to a high of $1,195,000 with an average sale price of $392,000.

See all of October’s condo and townhome sales below, or call us at 970-819-6372 for details.

DevelopmentAddressAsking PriceSold Price% List-to_Sold
Fox Creek Subdivision1295 Hilltop Parkway Unit 4F$209,900 $199,000 95%
Howelsen Place703 Lincoln Avenue B211$609,000 $575,000 94%
Lodge @ Steamboat Condo2700 Village Drive, B-107$260,000 $249,000 96%
Lodge @ Steamboat Condo2700 Village Dr #201E$289,000 $282,000 98%
Lodge @ Steamboat Condo2700 Village Dr$329,000 $300,000 91%
Meadows Condo2930 Columbine Dr #102$269,000 $255,000 95%
Norwegian Log Condo2400 Ski Trail Ln #103$595,000 $580,000 97%
Phoenix @ Steamboat Springs2320 Apres Ski Way$500,000 $500,000 100%
PineOrehousePlaza420 Ore House Plaza #101 Gar. K$380,000 $371,000 98%
Quail Run3303 COVEY CIR$312,000 $302,500 97%
Quail Run3324 Covey Circle$375,000 $360,000 96%
Ranch Steamboat Springs Condo1700 Ranch Rd #221$315,000 $305,000 97%
Ridgecrest Condo1805 River Queen #203$249,000 $210,000 84%
Rockies Condo1945 Cornice Rd, # 2335C$160,000 $157,500 98%
Rockies Condo1945 Cornice Rd. #2331$165,000 $160,000 97%
Ski Time Square1920 Ski Time Square$230,000 $210,000 91%
Storm Meadows Condos2255 Storm Meadows Drive$174,000 $166,500 96%
Storm Meadows Condos2255 Storm Meadows Dr. #456$359,000 $351,000 98%
Sunray Meadows Condos3375 Columbine Drive, 205$369,000 $355,000 96%
Terraces Condo2700 Eagleridge Drive #N23$287,000 $250,000 87%
Timber Run Cond2025 Walton creek Rd.$225,000 $215,000 96%
Timber Run Cond2015 Walton Creek Rd #109$245,000 $232,000 95%
Timber Run Cond2015 Walton Creek Rd #207$460,000 $415,000 90%
Villas @ Walton1432 Morgan Ct.$319,000 $310,000 97%
Villas @ Walton1427 MORGAN CT #906$338,500 $336,700 99%
Walton Village Condo1375 Sparta Plaza, Unit 9$120,900 $115,000 95%
West Condo2160 Mt Werner Cir #3422$175,000 $169,000 97%
West Condo2160 Mt. Werner Circle$191,000 $186,500 98%
Wildhorse Meadows - First Tracks2545 Cattle Kate Circle$165,000 $165,000 100%
Alpine Meadows28 Cypress Court$245,000 $235,000 96%
Chadwick Estate Villas1325 Eagle Glen Drive$1,195,000 $1,195,000 100%
Cornerstone1412 Moraine Circle$749,000 $724,500 97%
Cross Timbers @ SS2687 Timber Court #1$875,000 $835,000 95%
Eaglepointe Subdivision485 Eaglepointe Court #3$349,500 $339,500 97%
EagleRidge Townhomes1521 Flattop Circle$850,000 $825,000 97%
EagleRidge Townhomes1575 Flattop Circle$875,000 $840,000 96%
Enclave @ SS3351 Spring Valley Dr.$570,000 $555,000 97%
Fox Willow1679 Thistlebrook Ln.$549,000 $525,000 96%
Longview314 Parkview Drive$525,000 $506,000 96%
Sundown Townhomes2007 Boulder Ct$795,000 $790,000 99%
Willows The1151 Natures Lane$445,000 $430,000 97%
$16,697,800 $16,082,700 96.30%

August Condo Sales

September 3, 2015

Development Address Asking Price Sold Price
Bear Creek Subdivision 1830 Bear Creek Drive $519,000 $519,000
Bear Meadows Subdivision 1181 Zephyr Trail $599,900 $604,900
Bronze Tree Condos 1995 Storm Meadows Drive, #505 $375,000 $361,500
Cross Timbers @ SS 2652 Cross Timbers Trail $550,000 $535,000
EagleRidge Townhomes 1414 Flattop Circle $995,000 $975,000
Edgemont Condominium 2410 Ski Trail Lane $1,375,000 $1,280,000
Fairway Meadows Subdivision 1627 Clubhouse Dr $598,000 $575,000
Herbage Thm Condo 2663 Apres Ski Way #6 $329,900 $324,000
Howelsen Place 700 Yampa Street A402 $1,323,000 $1,175,000
Indian Meadows Townhome 3188 Ingles Lane #E-5 $239,500 $233,000
Lodge @ Steamboat Condo 2700 Village Dr B307 $319,000 $305,000
Longview 1116 Longview Circle $549,000 $511,000
Longview 601 Parkview Drive $579,000 $550,000
Majestic Valley Subdivision 817 Majestic Circle $525,000 $520,000
Mountain Vista Townhome 619 Mountain Vista Cir #26 $364,900 $364,900
Mountain Vista Townhome 618 Mountain Vista $410,000 $400,000
Northstar Condo 2955 Columbine Drive # 12 $89,000 $72,000
Norwegian Log Condo 2400 Ski Trail Lane $675,000 $637,500
OSP Condominium at Apres Ski Way 2250 Apres Ski Way, Residence 205 $1,495,000 $1,325,000
Pines Condo 540 Ore House Plaza A-204 $173,500 $170,500
Ranch Steamboat Springs Condo 1675 Ranch Rd. #408 $439,000 $400,000
Rocky Peak Village 208 Willett Heights Trail $559,000 $545,000
Shadow Run Condos 1525 Shadow Run Frontage $164,500 $159,500
Ski Inn Condo 2350 Ski Trail Lane $185,250 $175,000
Skyview Terrace Thm 1360 Skyview Ln #A-8 $335,000 $302,500
Stagecoach Townhomes 23185 Schussmark Trl #C $160,000 $165,000
Steamboat Barn Village 720 Angels View Way $1,199,000 $1,115,000
Storm Meadows Condos 2275 Storm Meadows Dr Unit E43 $181,000 $160,000
Storm Meadows Condos 2275 Storm Meadows Dr #45 $164,900 $156,000
Storm Meadows Condos 2270 Storm Meadows Dr Unit E42 $181,000 $165,000
Sunray Meadows Condos 3350 Columbine Dr $343,500 $335,000
Sunrise Condo 2515 Daybreak Ct. #201 $299,000 $280,500
Timbers Condo 31500 Runaway Pl#310 $185,000 $161,000
Trappeurs Crossing Condos 1800 Medicine Springs Drive $739,000 $689,000
Villas @ Walton 1460 Morgan Court $318,000 $315,000
Villas @ Walton 1409 Morgan Ct. #601 $336,700 $336,700
Walton Creek Condo 1335 Walton Creek Road $199,000 $202,000
Walton Village Condo 1385 Sparta Plaza, Rho 5 $129,900 $124,750
Walton Village Condo 1395 Sparta Plaza #11 $132,500 $131,000
Walton Village Condo 1380 Athens Plaza $134,900 $134,000
Wildhorse Meadows – First Tracks 2345 Cattle Kate Cir #3107 $219,000 $207,000
Wildhorse Meadows – Trailhead Lodge 1175 Bangtail Way #4118 $595,000 $536,000
Winterset Condo 2565 Apres Ski Way $360,000 $342,500
Winterwood Townhomes/Condos 2735 Burgess Creek Rd., #11 $389,000 $376,000
Yampa View Condo 2590 Longthong Rd $209,000 $204,000

Villas at Walton Creek in Steamboat are Hot this Summer!

September 3, 2015

The Villas at Walton Creek Condos in Steamboat Springs are a hot commodity this summer. There were 4 sales at the Villas in 2015. Of those, 3 were in June, July and August of 2015. There are 3 Villas condos under contract right now. We have a 2 bedroom 2 bath listing that just went under contract and another we’re involved with as the buyers’ agents. This will mean that 6 condo sales at the Villas at Steamboat will occur in the summer and fall months.

The sales stats are also looking good. Per square foot, the sales at the Villas in Steamboat have improved greatly. This year so far the average price per square foot is $302.80. We haven’t had that pricing at the complex since 2008. This is very encouraging for the current owners at the Villas at Walton Creek, and indicate to the buyers who are on the fence that if they they don’t buy quickly,  the price may go up.

Condos for sale in Steamboat

Villas at Walton Creek in Steamboat

The Villas Condos are popular with both the full time and second home owners. They are moderately priced, and all have an attached garage. They have the feel of a real neighborhood, while also providing amenities that attract second home owners such as hot tubs, play area and are within a couple of blocks to the Steamboat Ski Area and the free bus stops right by the development.

The HOA also makes The Villas appealing. The association does a very nice job maintaining the quality of the complex, and the monthly cost is pretty low compared to other developments. It includes almost everything- even heat and high-speed internet! The only utility that the owners pay for is electricity, and with the heat provided by the HOA, that is a very small amount.

If you’d like to learn more about The Villas at Walton Creek, please give Kasha Banas a call 970-819-5063.

To see what’s available at The Villas click here.

June Condo Sales Focus on Lower Price Points

July 5, 2015

The Rockies Condos in Steamboat

The Rockies Condos in Steamboat

Condo sales in Steamboat Springs continue to focus on the <$350,000 market in June.  More first time buyers are purchasing places as rental rates in Steamboat climb as fast as real estate prices.  Also, we’re seeing more transactions being financed as cash investors leave the market as prices increase.

Out of 43 sold condos in June, 90% of them sold for less than $500,000 and 67% sold for less than $350,000.  This feeding frenzy at the lower end is frustrating buyers because places are going under contract within a week or two, often with multiple offers.  If you are considering a condo purchase under $350,000, have your financing ready to go and be ready to look at places as soon as they come on the market to increase your chances of having your offer accepted.  We can guide you so you submit a strong offer that will appeal to the seller.

See all the condos for sale under $500,000 here, or scroll down to see specific details for June sales.  If you’d like to know more about our market, please call us at 970.819.6372. Read more

Steamboat Condo Sales March 2015

April 2, 2015

Bashor Bowl area

Bashor Bowl area

2015 is proving to be a transitional year in real estate here in Steamboat Springs and around the country.  (The stories out of Denver and the Front Range show their markets are even crazier than ours with 50 showings the first day and 20 offers on the same property. Whew.)  Our low inventory has frustrated buyers who either aren’t finding what they are looking for or are finding prices higher than recent comps with sellers willing to wait for the next buyer rather than settling for a lower price.

The February stats really illustrate what is going on.  Land Title emailed the final numbers showing February was quite a bit slower than last year with only $16.2 in Steamboat real estate Gross Sales Volume (down 58% from last year) and 49 Steamboat real estate transactions (down 50% from last year).   The reason sales are down is because there aren’t enough condos, townhomes, and single family homes in move-in-ready condition for the buyers who want them.  They are forced to stay on the sidelines instead of buying, and when prices are now rising an average of 11% a year, people are ready to buy.

Call us at 970-819-6372 if you have questions, and here are sales from March 2015:

Steamboat Springs Condo DevelopmentAddressBRAsking PriceSold Price% List to Sold
Chateau Chamonix Condo2306 Ski Trail Lane, Unit 124Two$599,000 $575,000 96%
Kutuk Condo2000 Ski Time Square #304Two +$419,000 $410,000 98%
OSP Condominium at Apres Ski Way2250 Apres Ski Way, R-609Four$1,850,000 $1,800,000 97%
Phoenix @ Steamboat Springs2320 Apres Ski Way, #126Three +$449,000 $395,000 88%
PineOrehousePlaza360 Ore House Plz #205One$223,500 $215,500 96%
ResidencesofOT730 Yampa StreetThree$297,000 $295,000 99%
Rockies Condo1945 Cornice Rd #2102One$159,900 $153,000 96%
Storm Meadows CondosB-318 2375 Storm Meadows DrOne$159,000 $146,000 92%
Storm Meadows Condos2215 Storm Meadows DriveOne$179,900 $171,400 95%
Storm Meadows Condos2215 Storm Meadows DriveThree$284,000 $275,000 97%
Sunray Meadows Condos3365 Columbine DriveTwo$290,500 $275,000 95%
Sunray Meadows Condos3355 Columbine Drive #604Two$312,000 $307,500 99%
Sunray Meadows Condos3340 Columbine DriveTwo$339,000 $324,000 96%
Sunrise Condo2505 Daybreak Court #308Three$329,000 $319,000 97%
Timber Run Cond2015 Walton Creek RoadFour$437,000 $410,000 94%
Timbers Condo31500 Runaway Place #104One$138,000 $129,995 94%
Timbers Condo31500 Runaway Place #204Two$149,500 $145,000 97%
Trappeurs Crossing Condos1875 Medicine Springs Dr. 4204Three$579,000 $560,000 97%
Trappeurs Crossing Condos1875 Medicine Springs DriveFour$695,000 $645,000 93%
Trappeurs Crossing Condos1750 Medicine Springs DrThree$799,000 $710,000 89%
Walton Village Condo1340 Athens Plaza, Gamma 9One$137,500 $126,000 92%
Cornerstone1540 Moraine CircleThree$555,000 $520,000 94%
Cross Timbers @ SS2841 Timber LaneFour$700,000 $650,000 93%
Indian Meadows Townhome3184 Ingles Ln #F4Two$178,000 $178,000 100%
Mountain Vista Townhome616 Mountain Vista CircleTwo$360,000 $350,000 97%
Steamboat Ridge Subdivision372 Old Fish Creek Falls RoadThree$310,000 $277,000 89%
Stone Lane Meadows3450 Stone Ln.Two$384,900 $358,000 93%
Timbers Village31605 Buckingham LaneTwo +$216,000 $200,000 93%
Waterford Townhome2650 Medicine Springs Dr #22Four$499,000 $488,500 98%
Whistler Village Thm15 Balsam CourtTwo$174,900 $169,900 97%
Willett Heights Subdivision1502 Blue Sage DrThree$499,000 $485,000 97%

Ranch at Steamboat Condo Activity in 2014

January 25, 2015

Ranch Condos in Steamboat Springs

Ranch Condos in Steamboat Springs

The Ranch at Steamboat condos are a popular option for buyers because they combine great views, plenty of space away from the denser mountain area, and are large and affordable.  They also have a pool, hot tub, newly renovated fitness area, and tennis courts.  In 2014, there were five sales ranging in price from $290,000 for a two bedroom to $365,000 for a nicely remodeled four bedroom condo.  That compares with eight sales in 2013 although the main reason there were fewer sales at The Ranch were because at the end of 2014 the inventory had shrunk to the point that there are now only two Ranch condos available to purchase.

Here is a link to the Ranch at Steamboat condos currently available for sale, or scroll down to see details of the 2014 sales.

Steamboat Condo DevelopmentBRAsking PriceSold PriceClosing Date
Ranch Steamboat Springs Condo #503Two$289,000 $290,000 3/14/2014
Ranch Steamboat Springs Condo #108Three Plus$299,000 $295,000 3/26/2014
Ranch Steamboat Springs Condo #106Three$335,000 $310,000 11/26/2014
Ranch Steamboat Springs Condo #214Three Plus$349,000 $335,000 1/17/2014
Ranch Steamboat Springs Condo #220Four$387,000 $365,000 9/11/2014

2014 Sales at Quail Run in Steamboat

January 22, 2015

Quail Run Condos and Townhomes

Quail Run Condos and Townhomes

Quail Run Condos and Townhomes in Steamboat offer a great  location close to the mountain and on the free bus route to take you skiing or to Downtown.  There were 6 condo sales in 2014 compared with 3 in 2013. Also, they were selling higher per square foot than last year. No Quail Run Townhomes sold in 2014, compared to 2 in 2013.

Quail Run has affordable HOA dues that cover just about everything–even gas heat.

See current listings of Quail Run Condos and Townhomes here. Below are the 2014 Quail Run condo stats.

Sold DateAddressSold PriceOriginal PriceTot Sq FtSold $ / Sq. Ft.BR
1/2/2014Unit 204 Quail Run Condo Phase II$293,000 $299,900 1037$282.55Two
4/28/2014Unit 206 Quail Run Condo Phase II$304,000 $312,000 1143$265.97Two
11/3/2014Unit 406 Quail Run Condo Phase I$305,000 $323,500 1143$266.84Two
4/23/2014Unit 405 Quail Run Condo Phase 1$307,500 $325,500 1451$211.92Two Plus
7/28/2014Unit 305 Quail Run Condo Phase II$313,000 $313,900 1451$215.71Two Plus
8/27/2014Unit 606 Quail Run Condo Phase I$321,000 $340,000 1143$280.84Two

Eagle Ridge Lodge Condos sold in 2014

January 21, 2015

Eagle Ridge Lodge in Steamboat Springs

Eagle Ridge Lodge

Two condos sold at Eagle Ridge Lodge Condominiums in 2014. One of the units was a 2bed/2bath unit and sold for $330,000, and the other was a 2 bedrooms and a loft, and sold for $435,000. Below are the details.

Click here for current listings available at Eagle Ridge Lodge Condos.

Sold DateAddressSold PriceOriginal PriceTot Sq FtSold $ / Sq. Ft.BR
4/11/20141463 Flattop Circle, #306$435,000 $435,000 1083$401.66Two Plus
8/15/20141463 Flattop Circle, # 104$330,000 $379,000 927$355.99Two

2014 Sales at The West Condos

January 16, 2015

The West Condominiums

The West

There were 2 sales at The West Condos in 2014. This was same as the 2013 number of transactions. What’s encouraging is that $/Square Foot has increased by 12% since 2014.

View currently available units at The West, or look below to see what properties sold at The West Condominiums in 2014.

Sold DateAddressSold PriceOriginal PriceTot Sq Ft$ / Sq. Ft.BR
2/28/20142160 Mt. Werner Cir. #3307$245,000 $269,000 978$250.51Two
8/8/20142160 Mt. Werner Circle # 3404$260,000 $279,900 805$322.98Two

The Rockies Condos sold in 2014

January 15, 2015

Rockies Condos in Steamboat Springs

Rockies Condos in Steamboat Springs

The Rockies Condominiums enjoyed an encouraging year in sales. This was mainly caused by more buyers coming into the market in the $100,000-$200,000 range and there being a real shortage of this type of properties available. There were 11 sales at The Rockies in 2014, compared to 8 in 2013. Also, the average price per square foot increased more than 9% compared to 2013 sales. Click to see listings currently available at The Rockies, or scroll down to see what Rockies Condos have sold in 2014.

Sold DateAddressSold PriceOriginal PriceTot Sq Ft$ / Sq. Ft.BR
11/4/2014Unit 302 Building C Rockies Condo$105,000 $109,900 519$202.31Studio
4/4/2014Unit 101 Building C Rockes Condo$105,000 $121,500 519$202.31Studio
6/13/2014Unit 201 Building B Rockies Condo$110,000 $124,900 524$209.92One
12/1/2014Unit 101 Building D Rockies Condo$113,000 $119,000 476$237.39One
3/21/2014Unit 104 Building D Rockies Condo$113,500 $117,000 467$243.04One
2/28/2014Unit 301 Building C Rockies condo$122,500 $134,900 506$242.09Studio Plus
6/4/2014Unit 103 Building A Rockies Condo$139,000 $147,000 760$182.89One
7/17/2014Unit 106 Building A Rockies Condo$153,000 $159,900 760$201.32One
9/30/2014Unit 306 Building A Rockies Condo$190,000 $215,000 1063$178.74One Plus
9/29/2014Unit 202 Building B Rockies Condo$246,800 $259,000 1016$242.91Two
2/20/2014Unit 306 Building B Rockies Condo$265,000 $274,500 1360$194.85Two Plus

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