In February 2015 there were 19 condo and townhome sales in Steamboat Springs. The average sales price of those units was $645,057. (The $645,057 average sales price in February was influenced heavily by 3 One Steamboat Place condos that sold between $1.6 and $2.0 million.) For comparison, there were 28 sales of condos and town homes in February 2014. Inventory is down and prices are going up in the most popular condo developments.
Inventory remains a challenge in Steamboat and most US real estate markets. For example, in 2014 there were 65 sales in developments including Quail Run, Sunray Meadows, First Tracks, and Cascades. This year, there are no current listings for sale in those four developments.
Finally, the average ratio of price sold to asking price was 96% with 5 properties selling at 100% or more of the asking price.
Here are the details:
|Address||Sold Price||Develop||Acres||Asking Price||Sold/Asking|
|3295 Apres Ski Way||$80,000||Mt Werner Meadows Condo||$79,000||101.27%|
|465 Tamarack Dr #B-015||$131,000||Fish Falls Cond||$128,000||102.34%|
|1565 Shadow Run Frontage #B103||$174,900||Shadow Run Condos||$174,900||100.00%|
|31 Cedar Court||$189,000||Whistler Village Thm||$189,000||100.00%|
|2525 Cattle Kate Circle||$192,500||Wildhorse Meadows – First Tracks||$199,900||96.30%|
|2235 Storm Meadows Drive #341||$230,000||Storm Meadows Condos||$259,000||88.80%|
|21 Cypress Court||$245,000||Whistler Village Thm||$264,900||92.49%|
|2515 Apres Ski Way #1||$290,000||Hillsider Condo||$289,900||100.03%|
|2700 Village Dr B 102||$317,000||Lodge @ Steamboat Condo||$329,000||96.35%|
|1463 Flattop Circle, Unit 108||$335,000||EagleRidge Lodge||$349,000||95.99%|
|1430 Steamboat Blvd||$540,000||Fairway Meadows Subdivision||$550,000||98.18%|
|617 Clermont Circle||$589,000||Emerald Heights||$599,500||98.25%|
|859 Mill Run Ct||$602,000||Fox Hunt Subdivision||$619,000||97.25%|
|1502 Cascades Drive||$645,000||Cascades @ Eagleridge Townhomes||$650,000||99.23%|
|2830 Blackhawk Ct||$690,000||BlackHawk TH F1||$725,000||95.17%|
|2933 Mountaineer Circle||$918,000||Mountaineer||$950,000||96.63%|
|2250 Apres Ski Way, Residence 709||$1,625,000||OSP Condominium at Apres Ski Way||$1,950,000||83.33%|
|2250 Apres Ski Way, Residence 606||$1,825,000||OSP Condominium at Apres Ski Way||$1,950,000||93.59%|
|2250 Apres Ski Way, Residence 610||$1,850,000||OSP Condominium at Apres Ski Way||$2,000,000||92.50%|