August was a busy month for Steamboat condos sales after a slow June and July. More buyers were in town feeling comfortable about writing purchase agreements, so the number of pending contracts was up substantially. The average list-to-sold-price was 91% for sold Steamboat condos. Once prices come down to a level that catches buyers’ attention, they sell relatively close to the asking price.
None of the Steamboat condos that sold were bank-owned, and only 17% were potential short sales.
Of the 24 Steamboat condos and townhomes that are now pending, five were bank-owned properties.
In addition to the condos listed below from the Steamboat Springs MLS, 5 Edgemont ski in, ski out luxury condos have sold through the sale Edgemont offered this summer. Edgemont sold two 1BR condos, two 2BR condos, and one 3BR condo.
| SOLD Steamboat Condos and Townhomes—August, 2010
|
| Steamboat Condo Development | Steamboat Address | # of BR | List Price | Sold Price |
| Storm Watch @ Steamboat Condos | 1800 Burgess Creek Rd | One | $165,000 | $158,000 |
| Rockies Condo | 1945 Cornice Rd | Two | $190,000 | $165,000 |
| Ski Time Square | 1920 Ski Time Square Drive | One | $255,000 | $200,000 |
| Timber Run Cond | 2015 Walton Creek Rd | Two | $250,000 | $200,000 |
| Chinook Townhomes @ Walton Village | 3150 Chinook Lane #2 | Two | $253,922 | $242,000 |
| Wildhorse Meadows – First Tracks | 2545 Cattle Kate Cir. | Two | $385,000 | $346,500 |
| Ski Ranches Subdivision | 2580 Apres Ski Way | Three | $464,500 | $425,000 |
| Trappeurs Crossing Condos—Champagne Lodge | 1825 Medicine Springs Dr 3105 | Three | $550,000 | $430,000 |
| Edgemont Condominium | 2410 Ski Trail Lane #2304 | One | $561,750 | $561,750 |
| Trappeurs Crossing Condos—Aspen Lodge | 1875 Medicine Springs Dr., Unit 4207 | Three | $695,000 | $620,000 |
| The Highmark at Steamboat Springs | 2525 Village Drive | Two Plus | $655,000 | $625,000 |
| Kutuk Condo—Ski in ski out | 2000 Ski Time Square Drive | Three | $750,000 | $660,000 |
| Flattops View Village | 3250 Snowflake Ct. | Four Plus | $799,000 | $740,000 |
| Cimarron | 1917 Cimarron Circle | Five | $1,139,000 | $990,000 |
| Ski Ranches Subdivision | 3035 Apres Ski Way | Four | $1,095,000 | $1,050,000 |
| Stonewood@EagleRidge | 1250 Eagle Glen Drive | Four | $1,145,000 | $1,060,000 |
| Stonewood@EagleRidge | 1195 Eagle Glen Drive | Four | $1,575,000 | $1,550,000 |
| Total Listings | Avg | Avg | ||
| 17 | $642,833 | $589,602 |
|
Steamboat Condos and Townhomes—PENDING sales for August, 2010 |
| Develop | ADDRESS | BR | LP |
| Stagecoach Townhomes | 23042 Schussmark Trail | Three | $124,900 |
| Storm Meadows Condos—
Steamboat ski in, ski out |
2215 Storm Meadows Drive #340 | One | $169,000 |
| Walton Creek Condo | 1335 Walton Creek Rd | Two | $189,000 |
| Meadows Condo | 2930 Columbine | Two | $225,000 |
| PineOrehousePlaza | 435 Ore House Plaza Unit 106 | Two | $279,000 |
| Quail Run | 3448 Covey Circle | Two | $285,000 |
| Villas @ Walton | 1446 Morgan Ct. | Two | $298,000 |
| Lodge @ Steamboat Condo | 2700 Village Drive, B101 | Two | $299,500 |
| Villas @ Walton | 1395 Morgan Court | Two | $332,000 |
| Sunray Meadows Condos | 3365 Columbine Drive | Three | $345,000 |
| Longview | 477 Parkview Dr. | Three | $384,000 |
| PineOrehousePlaza | 435 Ore House Plaza, Unit 302 | Two Plus | $397,000 |
| Cascades @ Eagleridge Townhomes | 1502 Cascades #2 | Four | $414,900 |
| Canyon Creek Condos | 2780 Eagle Ridge Drive | Two | $429,000 |
| Promontory @ Steamboat Condo | 2345 Ski Trail Lane | Three Plus | $450,000 |
| Aspen Leaf Condos | 2580 Apres Ski Way | Three | $490,000 |
| EagleRidge Lodge | 1463 Flat Top Circle | Two Plus | $499,000 |
| Eagles Overlook Condominiums | 2113 Overlook Lane | Five | $499,750 |
| Ski Ranches Subdivision | 2488 Val d’Isere | Three Plus | $795,000 |
| Fairway Meadows Subdivision | 1792 Highland Way | Three Plus | $795,000 |
| Flattops View Village | 3269 Snowflake Ct | Four | $995,000 |
| The Highmark at Steamboat Springs | 2525 Village Drive | Three Plus | $1,007,000 |
| Highlands Subdivision | 1725 Highland Way | Three | $1,250,000 |
| Edgemont Condominium—
Steamboat ski in, ski out condos |
2410 Ski Trail Lane #2707 | Three | $1,626,750 |
