There were 23 Steamboat Springs condo sales in August totaling $9,383,950. Bank-owned sales are just about gone in our market with none of the condo and townhome sales being bank owned and none currently listed for sale. Buyers saw an average discount of 7% off the list price with a 93% list-to-sold ratio.
Three Villas at Walton Creek condos sold this month as well as a Bear Lodge at Trappeurs Crossing developer-owned condo. All of the recent sales at Bear Lodge were private re-sales, and this sale closed at 80% of the list price as the developer got a little more realistic with their pricing.
We are definitely seeing rising prices in Steamboat in many market segments–especially condos and townhomes under $300,000 with lower HOA dues and newer condos at all price points.
Call us at (970) 846-8284. to talk about buying or selling a condo here in Steamboat, because Opening Day is only 84 days away![table id=30 /]