Steamboat Condo Sales March 2015

Bashor Bowl area

Bashor Bowl area

2015 is proving to be a transitional year in real estate here in Steamboat Springs and around the country.  (The stories out of Denver and the Front Range show their markets are even crazier than ours with 50 showings the first day and 20 offers on the same property. Whew.)  Our low inventory has frustrated buyers who either aren’t finding what they are looking for or are finding prices higher than recent comps with sellers willing to wait for the next buyer rather than settling for a lower price.

The February stats really illustrate what is going on.  Land Title emailed the final numbers showing February was quite a bit slower than last year with only $16.2 in Steamboat real estate Gross Sales Volume (down 58% from last year) and 49 Steamboat real estate transactions (down 50% from last year).   The reason sales are down is because there aren’t enough condos, townhomes, and single family homes in move-in-ready condition for the buyers who want them.  They are forced to stay on the sidelines instead of buying, and when prices are now rising an average of 11% a year, people are ready to buy.

Call us at 970-819-6372 if you have questions, and here are sales from March 2015:

Steamboat Springs Condo DevelopmentAddressBRAsking PriceSold Price% List to Sold
Chateau Chamonix Condo2306 Ski Trail Lane, Unit 124Two$599,000 $575,000 96%
Kutuk Condo2000 Ski Time Square #304Two +$419,000 $410,000 98%
OSP Condominium at Apres Ski Way2250 Apres Ski Way, R-609Four$1,850,000 $1,800,000 97%
Phoenix @ Steamboat Springs2320 Apres Ski Way, #126Three +$449,000 $395,000 88%
PineOrehousePlaza360 Ore House Plz #205One$223,500 $215,500 96%
ResidencesofOT730 Yampa StreetThree$297,000 $295,000 99%
Rockies Condo1945 Cornice Rd #2102One$159,900 $153,000 96%
Storm Meadows CondosB-318 2375 Storm Meadows DrOne$159,000 $146,000 92%
Storm Meadows Condos2215 Storm Meadows DriveOne$179,900 $171,400 95%
Storm Meadows Condos2215 Storm Meadows DriveThree$284,000 $275,000 97%
Sunray Meadows Condos3365 Columbine DriveTwo$290,500 $275,000 95%
Sunray Meadows Condos3355 Columbine Drive #604Two$312,000 $307,500 99%
Sunray Meadows Condos3340 Columbine DriveTwo$339,000 $324,000 96%
Sunrise Condo2505 Daybreak Court #308Three$329,000 $319,000 97%
Timber Run Cond2015 Walton Creek RoadFour$437,000 $410,000 94%
Timbers Condo31500 Runaway Place #104One$138,000 $129,995 94%
Timbers Condo31500 Runaway Place #204Two$149,500 $145,000 97%
Trappeurs Crossing Condos1875 Medicine Springs Dr. 4204Three$579,000 $560,000 97%
Trappeurs Crossing Condos1875 Medicine Springs DriveFour$695,000 $645,000 93%
Trappeurs Crossing Condos1750 Medicine Springs DrThree$799,000 $710,000 89%
Walton Village Condo1340 Athens Plaza, Gamma 9One$137,500 $126,000 92%
Cornerstone1540 Moraine CircleThree$555,000 $520,000 94%
Cross Timbers @ SS2841 Timber LaneFour$700,000 $650,000 93%
Indian Meadows Townhome3184 Ingles Ln #F4Two$178,000 $178,000 100%
Mountain Vista Townhome616 Mountain Vista CircleTwo$360,000 $350,000 97%
Steamboat Ridge Subdivision372 Old Fish Creek Falls RoadThree$310,000 $277,000 89%
Stone Lane Meadows3450 Stone Ln.Two$384,900 $358,000 93%
Timbers Village31605 Buckingham LaneTwo +$216,000 $200,000 93%
Waterford Townhome2650 Medicine Springs Dr #22Four$499,000 $488,500 98%
Whistler Village Thm15 Balsam CourtTwo$174,900 $169,900 97%
Willett Heights Subdivision1502 Blue Sage DrThree$499,000 $485,000 97%
Posted by Steamboat Condos for Sale | Filed Under Steamboat Condos and Townhomes, Uncategorized

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