The <$500,000 condo market is tightening up, especially for <$300,000 condos. Selling prices for lower price points averaged 97% of the list price in January due to the low inventory of move-in ready condos. With higher priced units, the average list-to-sold price is still a healthy 94%.
In January 2015 there were 14 sales of condos and townhomes in Steamboat including two One Steamboat Place condos that sold for $1.3 million and $1.5 million. The average sold price for a Steamboat condo was $621,000. Removing the One Steamboat Place sales changes the average sold price to $467,000.
Here are the details for all the Steamboat Springs condo and townhome sales in January: (These sales include all sales, not just those we were personally involved with.)
Address | Sold Price | Develop | Acres | Asking Price | Sold/Asking |
1565 Shadow Run Frontage #B203 | $150,000 | Shadow Run Condos | $162,000 | 92.59% | |
27 Cedar Court | $173,000 | Whistler Village Thm | $175,000 | 98.86% | |
2560 Longthong Rd. #6 | $190,000 | Jvt Condo | $190,000 | 100.00% | |
1382 Morgan Ct Unit 1104 | $320,000 | Villas @ Walton | $329,000 | 97.26% | |
2720 Eagleridge Drive, A-205 | $362,500 | Canyon Creek Condos | $367,500 | 98.64% | |
320 Little Moon Trail | $439,000 | Willett Heights Subdivision | $469,000 | 93.60% | |
320 Blue Sage Cir | $470,000 | Other | $483,900 | 97.13% | |
861 Majestic Circle #20 | $605,000 | Majestic Valley Subdivision | $620,000 | 97.58% | |
857 Mill Run | $615,000 | Fox Hunt Subdivision | $640,000 | 96.09% | |
1875 Ski Time Square #712 | $625,000 | Torian-Creekside | $639,950 | 97.66% | |
1750 Medicine Springs Drive | $645,000 | Trappeurs Crossing Condos | $699,000 | 92.27% | |
700 Yampa Street A206 | $790,000 | Howelsen Place | $832,000 | 94.95% | |
2250 Apres Ski Way, Residence 311 | $1,335,000 | OSP Condominium at Apres Ski Way | $1,495,000 | 89.30% | |
2250 Apres Ski Way, Residence 506 | $1,525,000 | OSP Condominium at Apres Ski Way | $1,595,000 | 95.61% |