June Condo Sales Focus on Lower Price Points

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.

Development Address Asking Price Sold Price % List to Sold
Howelsen Place 700 Yampa Street A202 $398,500 $356,500 89%
Howelsen Place 703 Lincoln Avenue B206 $495,000 $480,000 97%
Lodge @ Steamboat Condo 2700 Village Drive Unit B-207 $278,000 $265,000 95%
Lodge @ Steamboat Condo 2700 Village Dr $282,900 $277,000 98%
Meadowlark Condo 3020 Village Drive $179,000 $165,000 92%
Mustang Run Condos 1485 Mustang Run Unit 1-D $369,000 $364,500 99%
Orig Town Steamboat Springs 426 Oak Street $325,000 $264,500 81%
Mountain area duplex 3444 LA ROCA CT #C $352,000 $345,000 98%
Phoenix @ Steamboat Springs 2335 Apres Ski Way #127 $329,000 $315,000 96%
Phoenix @ Steamboat Springs 2305 Apres Ski Way $319,000 $315,000 99%
Pines Condo 480 Ore House Plaza D206 $349,000 $333,000 95%
Promontory @ Steamboat 2345 Ski Trail Lane $389,000 $378,000 97%
Ranch Condos 1715 Ranch Rd. #509 $450,000 $440,000 98%
Rockies Condo 1945 Cornice Road, #2106 $178,500 $170,000 95%
Rockies Condo 1945 Cornice Rd $269,400 $263,000 98%
Rockies Condo 1945 Cornice Rd #2323 $278,000 $276,000 99%
Shadow Run Condos 1535 Shadow Run Court $189,000 $175,000 93%
Sundance Creek Condos 580 Anglers Drive $450,000 $438,999 98%
Sunray Meadows Condos 3310 Columbine Drive $320,000 $306,500 96%
Sunray Meadows Condos 3330 Columbine Drive  #1001 $325,000 $325,000 100%
Trappeurs Crossing Condos 2800 Village Drive #1104 $280,000 $260,000 93%
Wagon Wheel Con 23800 CR 16 Unit 101 $109,500 $95,000 87%
Walton Village Condo 1395 Sparta Plaza $129,500 $126,000 97%
West Condo 2160 Mount Werner Cir  #3423 $169,900 $154,000 91%
West Condo 2160 Mt. Werner Cir #3202 $192,000 $188,000 98%
Willett Heights Condos 195 Willett Heights Trail $240,000 $239,500 100%
Willett Heights Condos 201 Willett Heights Trail #3 $280,000 $265,000 95%
Yampa View Condo 2626 Longthong Road $224,000 $200,000 89%
Cornerstone 1381 Moraine Circle $597,600 $570,000 95%
Cross Timbers @ SS 2683 Timber Ct. #3 $569,000 $539,000 95%
Fairway Meadows Subd 1332 Mark Twain $369,000 $355,000 96%
Highlands Subdivision 1724 Highland Way $965,000 $940,000 97%
Indian Meadows 3188 Ingles Ln. E-1 $255,000 $255,000 100%
Moraine Townhome Subd 1481 Moraine Cir $520,000 $499,000 96%
Pine Ridge Townhome 1927 Walton Creek Road $559,000 $544,100 97%
River Place Subdivision 3564 River Place Court $348,000 $340,000 98%
Stagecoach Townhomes 23245 Schussmark Trl #B $120,000 $120,000 100%
Sunburst Thms 3456 SUNBURST CT $279,900 $275,000 98%
Walton Village Condo 1200 Sparta Plaza # 6 $250,000 $230,000 92%
Waterford Townhome 2650 Medicine Springs Dr #13 $449,000 $415,000 92%
Whistler Village Thm 29 Cedar Ct $219,000 $210,000 96%
Whistler Village Thm 30 Cedar Ct. $214,900 $214,900 100%
Whistler Village Thm 20 Balsam Ct. $269,500 $264,000 98%
Posted by Steamboat Condos for Sale | Filed Under Steamboat Condos and Townhomes, Uncategorized

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