January 2015 Condo Sales in Steamboat

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%

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