2018 Steamboat Condo Sales thru April

steamboat Condo
Bear Claw Ski-in, Ski-Out Condos

Steamboat condo sales in 2018 feels a lot like the heady days of 2007 when multiple offers were common and there wasn’t enough inventory in certain segments to go around. Prices were rising and the rental market was as tight as the buying market. One big difference today is there is no new inventory coming on the market any time soon. There are several developments in the pipeline, but nothing vertical…yet.

I was curious how current prices compare to the peak of 2007-2008 so I sampled a few developments to see if we are at, or close, to a new peak. Surprisingly, I learned prices still aren’t where they were ten years ago for most Steamboat condo developments.

Here are a few examples:

Bear Claw, a true ski in, ski out condo development, was selling for over $750/sf at the peak. Today, Bear Claw is selling in the mid-$400/sf range. I think Bear Claw is a safe bet, especially once the future renovations are complete. (There will be an assessment but even after factoring in those costs, prices are a fraction of One Steamboat Place and Edgemont which are selling for over $1000/sf for a comparable location.

Sunray Meadows, a popular development for full time owners, long term renters, and nightly rental DIY managers, was selling over $400/sf back in 2007-2008 and now trades in the mid to upper $300/sf range. Sunray has lower HOA dues and garages which appeal to people living in Steamboat full time so buying makes sense if you are planning on living in Steamboat for a few years.

Finally, Canyon Creek has a walk-to-ski location and has very similar interiors to Eagle Ridge Lodge. What it may lack in curb appeal to Eagle Ridge Lodge it gains with underground parking. Canyon Creek traded in the mid $500/sf and now sells in the low $400/sf range.
So even though prices seem to be moving upward at a fast pace, historically there is still appreciation potential.  If you’d like more information about other developments or want to start looking for a place of your own, please call us at (970) 846-8284.

2018 Steamboat condo sales:

Here is a full list of Steamboat condo and townhome sales from January 2018-May 1, 2018:

Buyer Tour RegionDevelopment NameAddressList PriceList/Sold $
Downtown AreaResidences of Old Town730 Yampa St #A4$495,000 $449,500
Downtown AreaOther135 11th Street, #B$495,000 $495,000
Downtown AreaHowelsen Place703 Lincoln Avenue B307$800,000 $780,000
Downtown AreaWaterside Village Condominiums1110 Yampa St #C$789,000 $784,500
Downtown AreaAlpen Glow Ventures45 6th Street #6$895,000 $860,000
Fish Creek AreaFox Creek Subdivision1295 Hilltop Parkway #B$222,000 $216,000
Fish Creek AreaEaglepointe Subdivision538 Eaglepointe Ct$390,000 $390,000
Fish Creek AreaSuncrest Thm534 Tamarack Drive #502$418,000 $407,000
Fish Creek AreaSuncrest Thm240 Hilltop Pkwy., #103$439,000 $409,000
Fish Creek AreaFish Creek Hill1766 Alexander Way #4B$449,000 $445,000
Fish Creek AreaSundance Creek Condos580 Anglers Dr #303$472,000 $470,000
Fish Creek AreaWillett Heights Subdivision506 Buena Vista Ct #Lot B$513,000 $479,000
Fish Creek AreaSundance Creek Condos580 Anglers Dr #302$484,000 $484,000
Fish Creek AreaRocky Peak Village455 Willett Heights Ct$655,000 $630,000
Fish Creek AreaRocky Peak Village443 Willett Heights Ct$660,000 $640,000
Fish Creek AreaRocky Peak Village451 Willett Heights Ct$688,500 $688,500
Fish Creek AreaFox Hunt Subdivision859 Mill Run Ct$699,000 $694,000
Mountain AreaNorthstar Condo2955 Columbine Dr #12$167,500 $160,000
Mountain AreaWalton Pond970 Confluence Ct #3$165,000 $162,000
Mountain AreaWalton Village Condo1335 Sparta Plz #11, Bldg PI$165,000 $163,000
Mountain AreaShadow Run Condos1565 Shadow Run Frontage, B301$169,900 $165,000
Mountain AreaWalton Village Condo1380 Athens Plz #16, Bldg Beta$168,000 $171,500
Mountain AreaWhistler Village Townhomes13 Cedar Ct$188,000 $188,000
Mountain AreaRockies Condo1945 Cornice Rd #Building 4, unit 2425$199,000 $197,000
Mountain AreaWildhorse Meadows - First Tracks2545 Cattle Kate Cir #3108$211,000 $211,000
Mountain AreaWhistler Village Townhomes21 Cedar Ct$215,000 $211,000
Mountain AreaShadow Run Condos1555 Shadow Run Ct #203, Bldg D$215,000 $214,000
Mountain AreaRockies Condo1945 Cornice Dr #2301$219,000 $217,000
Mountain AreaMeadowlark Condo3020 Village Dr #321$235,000 $225,000
Mountain AreaShadow Run Condos1535 Shadow Run Ct #104E$210,000 $226,132
Mountain AreaShadow Run Condos1525 Shadow Run Frontage #103$250,000 $233,000
Mountain AreaSnow Flower Condos2200 Apres Ski Way #201$250,000 $235,900
Mountain AreaWhistler Village Townhomes16 Balsam Ct$245,000 $237,500
Mountain AreaSki Time Square1920 Ski Time Square Dr #213$245,000 $238,000
Mountain AreaWhistler Village Townhomes14 Sequoia Ct$249,000 $240,000
Mountain AreaShadow Run Condos1625 Shadow Run Frontage ##109$265,000 $247,000
Mountain AreaPowder Ridge Condo3025 Columbine Dr #22$249,000 $251,000
Mountain AreaWhistler Village Townhomes25 Balsam$263,000 $256,170
Mountain AreaAlpine Meadows5 Jackpine Ct$269,000 $259,000
Mountain AreaWhistler Village Townhomes33 Cypress Ct$267,500 $261,000
Mountain AreaStorm Meadows Condos2275 Storm Meadows Dr. #30$265,000 $263,000
Mountain AreaWhistler Village Townhomes21 Cypress Ct$265,000 $265,000
Mountain AreaSki Inn Condo2350 Ski Trail Ct #211$295,000 $275,000
Mountain AreaWhistler Village Townhomes5 Cedar Ct$285,000 $277,500
Mountain AreaRockies Condo1945 Cornice Rd #Door 2137$279,000 $279,000
Mountain AreaGrand Summit Resort Hotel (The Grand)2300 Mt. Werner Cir #322$299,000 $282,000
Mountain AreaShadow Run Condos1625 Shadow Run Frontage Rd #305, Bldg C$295,000 $285,000
Mountain AreaAlpine Meadows34 Cypress Ct$289,000 $289,000
Mountain AreaPine Orehouse Plaza380 Ore House Plz #205, Bldg 6$297,500 $290,000
Mountain AreaSki Time Square1920 Ski Time Square Dr #201$299,500 $295,000
Mountain AreaSki Time Square1920 Ski Time Square Dr #309$295,000 $295,000
Mountain AreaTimber Run Condo2015 Walton Creek Rd #213$300,000 $295,000
Mountain AreaTimber Run Condo2025 Walton Creek Rd #314, Bldg 300$300,000 $295,000
Mountain AreaChinook Townhomes @ Walton Village3100 Chinook Ln ##7$318,000 $309,000
Mountain AreaPowder Ridge Condo3027 Columbine Dr #7, Bldg 1$339,000 $315,000
Mountain AreaWalton Village Condo1220 Sparta Plz #2, Bldg Theta$325,000 $325,000
Mountain AreaStorm Meadows Condos2305 Storm Meadows Dr. #314$329,500 $325,500
Mountain AreaMeadows Condo2960 Columbine Dr #401$330,000 $327,000
Mountain AreaTrappeurs Crossing Condos2800 Village Drive #1110$330,000 $330,000
Mountain AreaStorm Meadows Condos2215 Storm Meadows Dr #510$335,000 $335,000
Mountain AreaWildhorse Meadows - First Tracks2525 Cattle Kate Cir #4205$350,000 $337,500
Mountain AreaMeadows Condo2960 Columbine Dr #404$349,000 $339,900
Mountain AreaTrappeurs Crossing Condos1800 Medicine Springs Dr #5114$365,000 $340,000
Mountain AreaStorm Meadows Condos2375 Storm Meadows Drive #B314 #B314$339,000 $345,000
Mountain AreaLodge @ Steamboat Condo2700 Village Dr #F203$362,500 $351,000
Mountain AreaSkyview Terrace Thm1360 Skyview Ln #A-6$360,000 $352,000
Mountain AreaLodge @ Steamboat Condo2700 Village Dr$359,000 $355,000
Mountain AreaLodge @ Steamboat Condo2700 Village Dr., #302D$364,000 $355,000
Mountain AreaWildhorse Meadows - First Tracks2545 Cattle Kate Cir #3302$365,000 $360,000
Mountain AreaRanch @ Steamboat Condo1700 Ranch Rd #215$369,900 $369,900
Mountain AreaPhoenix @ Steamboat Springs2315 Apres Ski Way #205$370,000 $370,000
Mountain AreaSunray Meadows Condos3305 Columbine Dr #1504$389,000 $385,000
Mountain AreaVillas @ Walton1457 Morgan Ct #202, Bldg 2$399,000 $399,000
Mountain AreaSnow Flower Condos2200 Apres Ski Way #306$400,000 $400,000
Mountain AreaQuail Run3452 Covey Circle (#401)$409,900 $401,000
Mountain AreaPromontory @ Steamboat Condo2337 Ski Trail Ct #6$425,000 $402,500
Mountain AreaSki Trail Condo2320 Ski Trail Lane, #208$450,000 $405,000
Mountain AreaSunray Meadows Condos3355 Columbine Dr #605$420,000 $420,000
Mountain AreaBoat Townhome @ Sunray Meadows3005 Village Dr #Unit 5$435,022 $420,000
Mountain AreaBronze Tree Condos1995 Storm Meadows Dr #505$425,000 $422,500
Mountain AreaSunray Meadows Condos3345 Columbine Dr #805, Bldg 8$423,900 $423,400
Mountain AreaQuail Run3315 Covey Cir #5, Bldg 9$425,000 $425,000
Mountain AreaVillas @ Walton1435 Morgan Ct #504$425,000 $425,000
Mountain AreaSunray Meadows Condos3350 Columbine Dr #506, Bldg 5$439,000 $426,000
Mountain AreaCanyon Creek Condos2780 Eagleridge Dr #206, Bldg B$435,000 $432,500
Mountain AreaWinterwood Townhomes/Condos2753 Burgess Creek Rd #3$455,000 $435,000
Mountain AreaCanyon Creek Condos2720 Eagleridge Dr #103, Bldg A$450,000 $440,000
Mountain AreaTrappeurs Crossing Condos2920 Village Dr #2104, Bldg Timberline at Trappeurs C$469,900 $445,000
Mountain AreaRanch @ Steamboat Condo1720 Ranch Rd #310$486,000 $460,000
Mountain AreaBurgess Creek Townhome Condo2607 Burgess Creek #206 #206$488,000 $461,500
Mountain AreaSunburst Townhomes3471 Sunburst Ct$469,900 $462,500
Mountain AreaTimber Run Condo2015 Walton Creek Rd #207, Bldg 200$480,000 $465,000
Mountain AreaRidgecrest Condo1805 River Queen Lane #101$499,000 $467,500
Mountain AreaStorm Meadows Condos2305 Storm Meadows Dr #319$492,500 $470,000
Mountain AreaSunrise Condo2515 Daybreak Ct #202$485,000 $480,000
Mountain AreaTrappeurs Crossing Condos2800 Village Dr #1112$499,000 $485,000
Mountain AreaBear Claw Condos2420 Ski Trail Ln #412$559,000 $505,000
Mountain AreaSaddle Creek Thm1785 Latigo Loop$514,900 $518,000
Mountain AreaBear Claw Condos2420 Ski Trail Ln #210$559,000 $520,000
Mountain AreaColumbine Landing Townhome2112 Aster Pl$549,000 $542,000
Mountain AreaFairway Meadows Subdivision1462 Robert E Lee Ln$550,000 $550,000
Mountain AreaCanyon Creek Condos2780 Eagleridge Dr #208$565,000 $550,000
Mountain AreaNorwegian Log Condo2400 Ski Trail Lane, #104 #104$595,000 $569,000
Mountain AreaWaterford Townhome2650 Medicine Springs Drive #28$589,000 $585,000
Mountain AreaSnow Flower Condos2200 Apres Ski Way #204$595,000 $585,000
Mountain AreaBear Creek Subdivision1830 Bear Creek Dr$625,000 $606,250
Mountain AreaWildhorse Meadows - Trailhead Lodge1175 Bangtail Way ##2124$625,000 $615,000
Mountain AreaCornerstone1381 Moraine Cir$639,000 $625,000
Mountain AreaWildhorse Meadows - Trailhead Lodge1175 Bangtail Way #3105$645,000 $640,000
Mountain AreaNo Defined Development1821 Bear Creek Dr$690,000 $640,000
Mountain AreaEnclave @ Steamboat3453 Spring Valley Dr #27$655,000 $645,000
Mountain AreaTorian Plum Condo1855 Ski Time Square Dr #301$685,000 $650,000
Mountain AreaMajestic Valley Subdivision876 Majestic Cir$672,950 $660,000
Mountain AreaBear Creek Subdivision1895 Hunters Dr$675,000 $662,000
Mountain AreaSteamboat Village Inn2200 Village Inn Ct. #Unit 704$699,000 $665,000
Mountain AreaBear Claw Condos2430 Ski Trail Ln #402$699,000 $679,000
Mountain AreaChristie Condos2355 Ski Time Square Drive #315$869,000 $725,000
Mountain AreaMajestic Valley Subdivision907 Majestic Circle #26$735,000 $735,000
Mountain AreaDulany Condo2286 Apres Ski Way #504$750,000 $740,000
Mountain AreaBear Claw Condos2420 Ski Trail Ln #510$749,000 $745,000
Mountain AreaChateau Chamonix Condo2340 Apres Ski Way #311, Bldg C$769,500 $752,000
Mountain AreaEvergreensThe2590 Evergreen Ln #6$799,000 $765,000
Mountain AreaClubhouse Townhome1871 Highland Way$784,000 $765,000
Mountain AreaTorian-Creekside1875 Ski Time Square Dr, 418$795,000 $775,000
Mountain AreaCross Timbers @ SS2702 Cross Timbers Trl #2, Bldg 3$825,000 $775,000
Mountain AreaWildhorse Meadows - Trailhead Lodge1175 Bangtail Way #4104$799,000 $778,000
Mountain AreaTrappeurs Crossing Condos1800 Medicine Springs Dr #5103$799,000 $793,000
Mountain AreaCross Timbers @ SS2656 Cross Timbers Trl #4$940,000 $930,000
Mountain AreaMountaineer3001 Mountaineer Cir$1,045,000 $990,000
Mountain AreaOther1790 River Queen Ln #Unit B$1,083,000 $995,000
Mountain AreaAntlers@Christies Base2085 Ski Time Square Dr 211B$1,175,000 $1,075,000
Mountain AreaAtriums at EagleRidge2600 Eagleridge Dr #30$1,350,000 $1,200,000
Mountain AreaStonewood@Eagle1195 Eagle Glen Dr$1,390,000 $1,309,000
Mountain AreaFlattops View Village3263 Snowflake Cir$1,495,000 $1,450,000
Mountain AreaSki Ranches Subdivision2330 Val D'Isere$1,675,000 $1,565,000
Mountain AreaChadwick-Flats1275 Eagle Glen Dr #N200$1,649,000 $1,580,000
Mountain AreaFairway Meadows Subdivision1450 Delta Queen Ct$1,795,000 $1,700,000
Mountain AreaSki Ranches Subdivision2672 Alpen Glow Way$1,795,000 $1,705,000
Mountain AreaOSP Condominium at Apres Ski Way2250 Apres Ski Way #R508$2,995,000 $2,400,000
South ValleyLake Catamount32765 Waters Edge Ct #18B$1,695,000 $1,600,000
West Steamboat / US 40West End Townhomes2367 Abbey Ct #5, Bldg 4$440,000 $440,000