Steamboat Condo Deals Archives | Steamboat Ski Condos https://steamboatskicondos.com/tag/steamboat-condo-deals/ Search ALL Steamboat Springs Condos for Sale Wed, 09 Mar 2022 21:38:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Villas at Walton Creek in Steamboat are Hot this Summer! https://steamboatskicondos.com/villas-at-walton-creek-are-hot-this-summer/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=4381 The Villas at Walton Creek Condos in Steamboat Springs are a hot commodity this summer. There were 4 sales at the Villas in 2015. Of those, 3 were in June, July and August of 2015. There are 3 Villas condos under contract right now. We have a 2 bedroom 2 bath listing that just went […]

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The Villas at Walton Creek Condos in Steamboat Springs are a hot commodity this summer. There were 4 sales at the Villas in 2015. Of those, 3 were in June, July and August of 2015. There are 3 Villas condos under contract right now.

We have a 2 bedroom 2 bath listing that just went under contract and another we’re involved with as the buyers’ agents. This will mean that 6 condo sales at the Villas at Steamboat will occur in the summer and fall months.

The sales stats are also looking good. Per square foot, the sales at the Villas in Steamboat have improved greatly. This year so far the average price per square foot is $302.80. We haven’t had that pricing at the complex since 2008. This is very encouraging for the current owners at the Villas at Walton Creek, and indicate to the buyers who are on the fence that if they they don’t buy quickly,  the price may go up.

The Villas Condos are popular with both the full time and second home owners. They are moderately priced, and all have an attached garage. They have the feel of a real neighborhood, while also providing amenities that attract second home owners such as hot tubs, play area and are within a couple of blocks to the Steamboat Ski Area and the free bus stops right by the development.

The HOA also makes The Villas appealing. The association does a very nice job maintaining the quality of the complex, and the monthly cost is pretty low compared to other developments. It includes almost everything- even heat and high-speed internet! The only utility that the owners pay for is electricity, and with the heat provided by the HOA, that is a very small amount.

If you’d like to learn more about The Villas at Walton Creek, please give Kasha Banas a call (970) 846-8284.

To see what’s available at The Villas click here.

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May Condo Sales in Steamboat https://steamboatskicondos.com/may-condo-sales-in-steamboat/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=3724 Condo and Town Home sales in Steamboat Springs were strong in May 2014 with 32 units sold. Prices ranged from $38,500 for a studio at the Inn at Steamboat to a 4 BR at Glacier Ridge Lodge for $1,265,000. The average sold vs. asking ratio was 95%.   Development Legal Description BR Sold Price Asking […]

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Condo and Town Home sales in Steamboat Springs were strong in May 2014 with 32 units sold.

Prices ranged from $38,500 for a studio at the Inn at Steamboat to a 4 BR at Glacier Ridge Lodge for $1,265,000.

The average sold vs. asking ratio was 95%.

 

Development Legal Description BR Sold Price Asking Price sold/asking
Inn At Steamboat UNIT 303, INN AT STEAMBOAT, F1 (REPLAT OF LOT 11 SUNRAY MEADOWS) Studio $38,500 $65,000 59.23%
Wagon Wheel Con Unit 6 Bldg 4 Wagon Wheel Condo At Stagecoach Three $85,000 $85,000 100.00%
Chaparral Terraces Condo Unit 4, Builiding A, Chaparral Terraces Condominiums One $105,000 $105,000 100.00%
Stagecoach Townhomes LOT C BLK 8 SECOND REPLAT OF PROJECT I & II AT STAGECOACH Three $110,500 $110,000 100.45%
Eagles Nest Townhomes @ Stagecoach Lot 27 Eagles Nest Subd At Stagecoach Three $117,500 $115,000 102.17%
Snowflower Condos UNIT 203 SNOWFLOWER AT STEAMBOAT CONDO Studio $133,900 $143,900 93.05%
Ski Inn Condo Unit 234 Ski-Inn Condo Two $172,500 $175,000 98.57%
Alpine Meadows Lot 38 Alpine Meadows Townhomes Two $183,000 $189,000 96.83%
Chinook Townhomes @ Walton Village LOT 15 CHINOOK THMS AT WALTON VILLAGE Two $224,000 $229,000 97.82%
Walton Village Condo UNIT 5 WALTON VILLAGE THM CONDO (ZETA BLDG) Three $241,000 $249,900 96.44%
Lodge @ Steamboat Condo Unit 206, Building B, Lodge at Steamboat Condominiums, Phase I Two $265,000 $274,500 96.54%
Meadows at EagleRidge Unit 4, Building B, Meadows at Eagleridge Condo, Phase II, AKA Windsor I Two $316,000 $324,900 97.26%
Meadows at EagleRidge Unit B-8 Meadows at Eagleridge Condominium Phase II Cambridge II Three Plus $317,500 $325,000 97.69%
Winterwood Townhomes/Condos Unit 9 Winterwood Thm Condo Two $318,000 $338,500 93.94%
Waterford Townhome Unit #13 Waterford Townhomes Three $340,000 $375,000 90.67%
Trappeurs Crossing Condos UNIT 2105, TIMBERLINE AT TRAPPEURS CROSSING RESORT Three $374,500 $395,900 94.59%
Saddle Creek Thm Lot E-1 Saddle Creek Thms North Two Plus $389,000 $424,000 91.75%
Fairway Meadows Subdivision Unit B Cosh Lively Condominiums Three $415,000 $449,000 92.43%
Wildhorse Meadows – Trailhead Lodge UNIT 2104 TRAILHEAD LODGE AT WILDHORSE MEADOWS CONDOS Two $428,000 $469,000 91.26%
Waterford Townhome Lot 24, Waterford Town Home Three $442,000 $465,000 95.05%
Bear Meadows Subdivision Unit 4A, Bear Meadows Townhomes No.4 Three $525,000 $525,000 100.00%
Enclave @ SS Unit 12 Enclave at Steamboat Springs F2 Three $525,000 $569,000 92.27%
Cascades @ Eagleridge Townhomes Willow THM Adams BLDG Cascades at Eagleridge THMS Phase 3 Four $590,000 $630,000 93.65%
Clubhouse Townhome Lot 6 Clubhouse THM Phase II & III Three $610,000 $610,000 100.00%
Alpen Glow Lot 1 Alpenglow Thms Replat. .19A Four $820,000 $839,000 97.74%
Edgemont Condominium UNIT 2306 EDGEMONT CONDOMINIUM, BUILDING A Two $855,000 $895,000 95.53%
The Highmark at Steamboat Springs Unit 2A, The Highmark Condos Four $880,000 $899,000 97.89%
Edgemont Condominium UNIT 2406 EDGEMONT CONDOMINIUM, BUILDING A Two $925,000 $995,000 92.96%
EagleRidge Townhomes Lot 29, Building 11, Eagleridge Townhomes Five $965,000 $1,045,000 92.34%
Lake Catamount Lot 19B Replat of lot 19 cabins at Lake Catamount Three Plus $1,040,000 $1,150,000 90.43%
Stonewood@Eagle Unit 4 Stonewood at Eagleridge Four $1,060,000 $1,095,000 96.80%
Glacier Ridge Lodge Lot B, Glacier Ridge Lodge,.07AC Four $1,265,000 $1,339,000 94.47%

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July-September 2014 Condo Sales In Steamboat Springs https://steamboatskicondos.com/july-september-2014-condo-sales-in-steamboat-springs/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=3765 This summer was busy for real estate buyers and sellers (and those of us who help them). All indicators were positive across the board–dollar volume was up, the number of transactions were up, and both average and median sales prices were up for single family homes and condos/townhomes. Looking at July through September, there were […]

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This summer was busy for real estate buyers and sellers (and those of us who help them). All indicators were positive across the board–dollar volume was up, the number of transactions were up, and both average and median sales prices were up for single family homes and condos/townhomes.

Looking at July through September, there were 120 Condos/Townhomes  that sold in Steamboat Springs in the 3rd Quarter of 2014.  The average condo sold for $422,000 while the Sold Price as a percentage of the Asking Price averaged 95.7%.

There were 5 condos or town homes that sold for over $1,000,000.  (There are going to be several more +$1M sales recorded at One Steamboat Place because they’ve sold a lot of whole ownership residences lately.  The sales didn’t close before September 30th, so they’ll be on our next report.)

The hottest developments were The Villas with 7 properties sold, Shadow Run with 5 and Trappeurs, Timber Run and Eagle Ridge with 4 each.

Search all condos for sale in Steamboat here, or call us at (970) 846-8284 for help deciding which development is right for you.

Address Develop Asking Price Sold Price Sold/Asking
3295 Apres Ski Way #A5 Mt Werner Meadows Condo $73,900 $68,000 92.02%
1625 Shadow Run Frontage Shadow Run Condos $115,000 $105,000 91.30%
1380 Athens Plaza Walton Village Condo $109,000 $105,000 96.33%
23195 Schussmark Trail Stagecoach Townhomes $117,000 $113,000 96.58%
1555 Shadow Run Court #D301 Shadow Run Condos $121,900 $119,000 97.62%
1340 Athens Plaza #08 Walton Village Condo $122,500 $120,000 97.96%
23150 SCHUSSMARK TRL #D Stagecoach Townhomes $120,000 $120,000 100.00%
1625 Shadow Run Frontage #C201 Shadow Run Condos $134,000 $125,000 93.28%
23120 Schussmark Trail #A Stagecoach Townhomes $133,900 $125,000 93.35%
31500 Runaway Place Timbers Condo $132,000 $126,000 95.45%
1355 Hilltop Parkway Unit 1A Fox Creek Subdivision $110,000 $130,000 118.18%
23185 Schussmark Tr. Unit B Stagecoach Townhomes $137,000 $133,900 97.74%
30331 Sagebrush Trail #305 Eagles Nest Townhomes @ Stagecoach $139,000 $135,000 97.12%
1920 Ski Time Square, Unit 203 Ski Time Square $159,000 $145,000 91.19%
1625 Shadow Run Frontage #103 Shadow Run Condos $168,500 $149,000 88.43%
1945 Cornice Ct #2106 Rockies Condo $159,900 $153,000 95.68%
25 Cypress Court Whistler Village Thm $175,000 $155,000 88.57%
1555 Shadow Run Ct. Shadow Run Condos $167,500 $155,000 92.54%
2275 Storm Meadows Drive #E53 Storm Meadows Condos $163,900 $157,000 95.79%
2505 Daybreak Court, Sunrise Condo $164,900 $162,000 98.24%
13 Cypress Court Whistler Village Thm $167,000 $167,000 100.00%
2915 Chinook Lane #B12 Deer Creek Condo $179,900 $171,000 95.05%
2505 Daybreak Ct #301 Sunrise Condo $185,000 $174,000 94.05%
2035 Walton Creek Road #303 Spring Meadows Condos $187,000 $182,000 97.33%
1945 Cornice Rd. Rockies Condo $215,000 $190,000 88.37%
2626 Longthong Drive, Unit 201 Yampa View Condo $207,000 $205,000 99.03%
2602 Longthong Yampa View Condo $210,000 $207,000 98.57%
2015 Walton Creek Road #121 Timber Run Cond $235,000 $219,500 93.40%
2025 Walton Creek Road Timber Run Cond $235,000 $222,200 94.55%
3100 Chinook Lane #5 Chinook Townhomes @ Walton Village $249,000 $224,000 89.96%
1920 Ski Time Square, #511 Ski Time Square $235,000 $225,000 95.74%
2025 Walton Creek Rd, Unit 313 Timber Run Cond $239,000 $228,500 95.61%
2970 Columbine Drive #501 Meadows Condo $235,000 $230,000 97.87%
3180 Ingles Lane, Unit D-4 Indian Meadows Townhome $249,000 $245,000 98.39%
2000 Ski Time Square Dr. #110 Kutuk Condo $299,000 $245,000 81.94%
1945 Cornice Rd #2222 Rockies Condo $259,000 $246,800 95.29%
2940 Columbine Drive Meadows Condo $252,000 $255,000 101.19%
500 Ore House Plaza C-201 Pines Condo $260,000 $258,000 99.23%
2160 Mt. Werner Circle # 3404 West Condo $269,900 $260,000 96.33%
1442 Morgan Court Villas @ Walton $264,000 $262,000 99.24%
2305 Storm Meadows Drive #C217 Storm Meadows Condos $299,000 $275,000 91.97%
2515 Apres Ski Way Hillsider Condo $309,000 $285,000 92.23%
2000 Ski Time Square Drive, Kutuk 102 Kutuk Condo $339,900 $295,000 86.79%
1439 Morgan Court Villas @ Walton $319,000 $300,000 94.04%
1805 River Queen Lane, #306 Ridgecrest Condo $318,000 $300,000 94.34%
2000 Ski Time Square Dr. #106 South Kutuk Condo $325,000 $301,000 92.62%
1455 Morgan Ct Villas @ Walton $319,900 $307,000 95.97%
2545 Cattle Kate Cir. #3303 Wildhorse Meadows – First Tracks $339,000 $310,000 91.45%
2315 Apres ski way #203 Phoenix @ Steamboat Springs $325,000 $310,000 95.38%
3330 Columbine Drive, #1003 Sunray Meadows Condos $319,000 $310,000 97.18%
1445 Morgan Ct. Villas @ Walton $312,900 $310,000 99.07%
3464 Sunburst Ct #35 Sunburst Thms $315,000 $310,000 98.41%
3300 Covey Circle Quail Run $313,900 $313,000 99.71%
1435 Morgan CT Villas @ Walton $324,500 $313,000 96.46%
3365 Columbine Drive #407 Sunray Meadows Condos $315,000 $315,000 100.00%
1995 Storm Meadows Dr, Unit 106 Bronze Tree Condos $339,000 $317,000 93.51%
3425 Covey Circle, #6 Quail Run $325,000 $321,000 98.77%
1437 Morgan Ct. Villas @ Walton $332,000 $329,000 99.10%
1341 Blue Sage Dr. Other $339,000 $329,650 97.24%
1330 Blue Sage Drive Other $340,000 $330,000 97.06%
1463 Flattop Circle, Unit 104 EagleRidge Lodge $379,000 $330,000 87.07%
2025 Walton Creek Road #417 Timber Run Cond $365,000 $331,000 90.68%
435 Ore House Plaza #201 PineOrehousePlaza $332,000 $342,000 103.01%
509 Mountain Vista Circle Mountain Vista Townhome $364,000 $350,000 96.15%
1475 Morgan Ct. Villas @ Walton $355,000 $352,000 99.15%
2607 Burgess Creek Road Burgess Creek Townhome Condo $369,000 $354,000 95.93%
568 Parkview Dr. Longview $379,000 $360,000 94.99%
1175 Bangtail Way #3107 Wildhorse Meadows – Trailhead Lodge $399,000 $365,000 91.48%
1700 Ranch Road, Unit 220 Ranch Steamboat Springs Condo $387,000 $365,000 94.32%
631 Mountain Vista Circle Mountain Vista Townhome $384,000 $369,000 96.09%
2565 Apres Ski Way Winterset Condo $389,000 $370,000 95.12%
1750 Medicine Springs Dr. #6114 Trappeurs Crossing Condos $384,900 $376,000 97.69%
580 Parkview Dr. Longview $404,900 $387,500 95.70%
500 Anglers Drive #307 Sundance Creek Condos $410,000 $394,500 96.22%
3005 Village DR #7 Boat Townhome @ Sunray Meadows $415,000 $400,000 96.39%
490 Parkview Drive Longview $415,000 $405,000 97.59%
2800 Village Dr. #1310 Trappeurs Crossing Condos $425,000 $411,000 96.71%
2650 Medicine Springs Drive Waterford Townhome $415,000 $415,000 100.00%
3448 Spring Valley Dr. Enclave @ SS $455,000 $430,000 94.51%
1870 Hunters Drive Bear Creek Subdivision $439,000 $430,000 97.95%
1863 Clubhouse Drive Ridge III Townhomes $449,000 $435,000 96.88%
2200 Village Inn Ct. #603 Steamboat Village Inn $549,000 $463,000 84.34%
1502 Cascade Dr. #3 Cascades @ Eagleridge Townhomes $487,250 $465,000 95.43%
1508 Cascade Drive Cascades @ Eagleridge Townhomes $495,000 $475,000 95.96%
1803 Hunters Dr Bear Creek Subdivision $495,000 $480,000 96.97%
786 Majestic Circle Majestic Valley Subdivision $515,000 $505,000 98.06%
3351 Spring Valley Dr Enclave @ SS $549,000 $522,000 95.08%
1175 Bangtail Way #3105 Wildhorse Meadows – Trailhead Lodge $549,000 $522,500 95.17%
1825 Medicine Springs Drive Trappeurs Crossing Condos $549,000 $525,000 95.63%
362 Little Moon Trail Sunset Ridge $549,900 $536,000 97.47%
2400 Ski Trail Lane Norwegian Log Condo $580,000 $547,000 94.31%
889 Majestic Circle #15 Majestic Valley Subdivision $550,000 $550,000 100.00%
873 Majestic Circle #18 Majestic Valley Subdivision $550,000 $550,000 100.00%
408 Hilltop Parkway Hilltop $595,000 $568,000 95.46%
615 Clermont Circle Emerald Heights $567,500 $572,960 100.96%
1734 Highland Way Highlands Subdivision $599,750 $575,000 95.87%
1502 Cascades Dr #04 Cascades @ Eagleridge Townhomes $599,900 $575,000 95.85%
45 6th Street #4 Alpen Glow $599,999 $580,000 96.67%
935 Paloverde Way Willett Ridge Subdivision $625,000 $605,000 96.80%
998 Longview Circle #B Longview $679,000 $644,500 94.92%
2831 Timber Lane Cross Timbers @ SS $705,000 $650,000 92.20%
2706 Crosstimbers Trail Cross Timbers @ SS $689,000 $653,500 94.85%
187 Sleepy Hollow Ln Sleepy Hollow $720,000 $720,000 100.00%
703 Lincoln Avenue B304 Howelsen Place $734,000 $734,000 100.00%
703 Lincoln Avenue B303 Howelsen Place $734,000 $734,000 100.00%
601 Lincoln Avenue 3C Alpen Glow $757,250 $757,000 99.97%
1885 Steamboat Blvd North Meadows Subdivision $779,000 $780,000 100.13%
1519 Flattop Circle EagleRidge Townhomes $875,000 $810,000 92.57%
2894 Blackhawk Court BlackHawk TH F1 $825,000 $815,000 98.79%
2923 Blackhawk Court BlackHawk TH F1 $845,000 $825,000 97.63%
1800 Medicine Springs Dr, #5205 Trappeurs Crossing Condos $949,000 $864,000 91.04%
1247 Overlook Drive Male Property Subdivision $959,000 $875,000 91.24%
1461 Flattop Circle EagleRidge Townhomes $999,500 $950,000 95.05%
1523 Flattop Circle EagleRidge Townhomes $999,000 $975,000 97.60%
1462 Clubhouse Dr. Fairway Meadows Subdivision $995,000 $995,000 100.00%
3261 Snowflake Cir Flattops View Village $1,195,000 $1,080,000 90.38%
32695 Waters Edge Court Lake Catamount $1,199,000 $1,110,000 92.58%
2525 Village Drive The Highmark at Steamboat Springs $1,295,000 $1,195,000 92.28%
1875 Ski Time Square Dr. Torian-Creekside $1,800,000 $1,600,000 88.89%
2250 Apres Ski Way, DC-614 OSP Condominium at Apres Ski Way $2,395,000 $2,125,000 88.73%

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Steamboat Condo Sales in November and December 2014 https://steamboatskicondos.com/steamboat-condo-sales-in-november-and-december-2014/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=3797 The holiday season is one of the busiest times of the year in Steamboat Springs as visitors come to spend time with family and friends at Steamboat’s world-class resort. I’ve had a few recent conversations with property managers who say their properties are sold out for extended periods of time, and not just a day […]

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The holiday season is one of the busiest times of the year in Steamboat Springs as visitors come to spend time with family and friends at Steamboat’s world-class resort.

I’ve had a few recent conversations with property managers who say their properties are sold out for extended periods of time, and not just a day here and there like they’ve seen the past several years.  It’s good to see guests back in town enjoying the snow!

In November and December,  there were 73 condo and town homes sales in Steamboat Springs. The average condo/townhouse sold for $484,000, which included a few lower priced Stagecoach properties and  four One Steamboat Place residences that sold between $1.4M-$1.9M. In addition to the One Steamboat Place sales, Trappeurs Crossing had 6 sales and  Sunray Meadows and the Villas had 4 each.

We don’t have year-end figures yet, but through November median condo sales prices increased 9% this year and median single family home prices increased 14%.

Here is the complete list of sales:

Address Develop BR Asking Price Sale Price Sale/Asking
23800 County Road 16 #506 Wagon Wheel Con Three $66,500 $60,000 90.23%
1945 Cornice Rd #2332 Rockies Condo Studio $105,000 $105,000 100.00%
1410 Athens Plaza, Unit 5 Walton Village Condo One $110,000 $107,000 97.27%
970 Confluence Ct. #7 Walton Pond One $120,000 $112,000 93.33%
1945 Cornice Road #2401 Rockies Condo One $117,500 $113,000 96.17%
23015 Schussmark Trail Stagecoach Townhomes Three $115,500 $113,000 97.84%
31500 Runaway Place Timbers Condo One $148,000 $133,500 90.20%
30341 Sagebrush Trail #407 Eagles Nest Townhomes @ Stagecoach Three $141,000 $136,000 96.45%
31500 Runaway Place #402 Timbers Condo One Plus $149,000 $140,000 93.96%
21 Cedar Ct. Whistler Village Thm Two $165,000 $160,000 96.97%
3184 Ingles Lane Indian Meadows Townhome Two $159,500 $165,000 103.45%
22 Cedar Court Whistler Village Thm Two $174,900 $168,500 96.34%
1565 Shadow Run Frontage B-205 Shadow Run Condos Two $180,000 $170,000 94.44%
2350 Ski Trail Lane #325 Ski Inn Condo Two $175,000 $175,000 100.00%
465 Tamarack Dr #203 Fish Falls Cond Two $199,000 $184,000 92.46%
380 Ore House Plaza #102 PineOrehousePlaza One $214,900 $206,000 95.86%
1220 Sparta Plaza #2 Walton Village Condo Two $214,900 $210,000 97.72%
2320 Ski Trail Lane, #102 Ski Trail Condo Two $235,000 $218,000 92.77%
201 Willett Heights Trail #2 Willett Heights Condominiums Two $245,000 $226,000 92.24%
2920 Village Drive #2111 Trappeurs Crossing Condos One $240,000 $229,250 95.52%
2525 Cattle Kate Circle Wildhorse Meadows – First Tracks Two $269,500 $245,000 90.91%
2602 Longthong Rd #205 Yampa View Condo Two $249,500 $249,000 99.80%
2320 Ski Trail Lane #1 Ski Trail Condo Two $259,000 $253,000 97.68%
1458 Morgan Court Villas @ Walton Two $269,000 $262,000 97.40%
2315 SKI TRAIL LN Casa De Las Sierra Condo Two Plus $299,000 $285,000 95.32%
3325 Columbine Drive #1104 Sunray Meadows Condos Two $294,000 $291,000 98.98%
1454 Morgan Court Villas @ Walton Two $299,000 $292,500 97.83%
3305 Columbine Drive Unit 1505 Sunray Meadows Condos Two $304,900 $295,000 96.75%
3325 Columbine Drive #1108 Sunray Meadows Condos Two $309,900 $295,000 95.19%
1461 Morgan Court Villas @ Walton Two $305,900 $295,000 96.44%
3310 Columbine Drive Sunray Meadows Condos Two $315,000 $300,000 95.24%
3452 Covey Circle Quail Run Two $318,000 $305,000 95.91%
460 Ore House Plaza #206E Pines Condo Three $329,900 $308,000 93.36%
1660 Ranch Rd. #106 Ranch Steamboat Springs Condo Three $335,000 $310,000 92.54%
1383 Morgan Ct. Villas @ Walton Two $324,900 $318,000 97.88%
2755 Burgess Creek Rd Unit 2 Winterwood Townhomes/Condos Two $349,900 $325,000 92.88%
2920 Village Dr. 2202 Trappeurs Crossing Condos Two $339,000 $335,000 98.82%
27402 Brandon Circle Heritage Park Four $350,000 $340,000 97.14%
2800 Village Dr. #1307 Trappeurs Crossing Condos Three $359,500 $342,500 95.27%
318 Cherry Drive Willett Ridge Subdivision Three $375,000 $345,000 92.00%
419 Cherry Drive Willett Heights Subdivision Two $365,000 $347,000 95.07%
1106 Natures Lane Unit 2 Willows The Two $389,000 $372,500 95.76%
286 Locust Court Willett Ridge Subdivision Two Plus $399,000 $375,000 93.98%
316 Cherry Drive Willett Ridge Subdivision Four $389,000 $385,000 98.97%
2000 Ski Time Square Dr., Unit 204 South Kutuk Condo Three $445,000 $420,000 94.38%
607 Clermont Circle ecoCorral Of Steamboat Three $499,000 $482,500 96.69%
338 Little Moon Trail Sunset Ridge Three $495,000 $485,000 97.98%
574 Tamarack Drive Willett Heights Subdivision Three Plus $499,000 $486,000 97.39%
340 A Cherry Drive Other Three $549,900 $535,000 97.29%
305 Locust Court Willett Ridge Subdivision Three $549,000 $539,000 98.18%
2286 Apres Ski Way #201 Dulany Dulany Condo Three $599,000 $540,000 90.15%
865 Majestic Circle #19 Majestic Valley Subdivision Four $550,000 $555,000 100.91%
1800 Medicine Springs Drive Trappeurs Crossing Condos Three Plus $634,000 $578,000 91.17%
1875 Medicine Springs Drive, 4306 Trappeurs Crossing Condos Three $597,000 $591,000 98.99%
1564 Moraine Cir Cornerstone Three Plus $679,000 $595,000 87.63%
1800 Medicine Springs Dr #5202 Trappeurs Crossing Condos Three Plus $675,000 $625,000 92.59%
2756 Cross Timbers Trail Cross Timbers @ SS Three $649,000 $633,000 97.53%
45 6th Street – #1 Alpen Glow Two Plus $637,500 $635,000 99.61%
2738 Waterstone Lane Waterstone @ Ea Four $649,900 $639,000 98.32%
1875 Ski Time Square Unit #113 Torian-Creekside Three $699,000 $695,000 99.43%
849 Majestic Circle #22 Majestic Valley Subdivision Four $650,000 $710,000 109.23%
1875 Ski Time Square Drive, Unit 213 Torian-Creekside Three $735,000 $717,500 97.62%
2286 Apres Ski Way #406 Dulany Dulany Condo Three $770,000 $725,000 94.16%
1095 Longview Circle Longview Four $849,900 $795,000 93.54%
703 Lincoln Avenue B302 Howelsen Place Two $973,000 $896,000 92.09%
30425 Lakeshore Trail Lake Catamount Three $949,000 $920,000 96.94%
30455 Lakeshore Trail, Cabin 3A Lake Catamount Three Plus $995,000 $950,000 95.48%
2039 Indian Summer Drive Porches/More’s Five $1,500,000 $1,425,000 95.00%
2250 Apres Ski Way, Residence 605 OSP Condominium at Apres Ski Way Three Plus $1,695,000 $1,550,000 91.45%
2660 Alpenglow Way Ski Ranches Subdivision Five $1,675,000 $1,595,000 95.22%
2250 Apres Ski Way, R-501 OSP Condominium at Apres Ski Way Four $1,950,000 $1,750,000 89.74%
2250 Apres Ski Way OSP Condominium at Apres Ski Way Four $2,375,000 $1,800,000 75.79%
2250 Apres Ski Way OSP Condominium at Apres Ski Way Four $2,100,000 $1,930,000 91.90%

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Alpenglow Condos and Townhomes sold in 2014 https://steamboatskicondos.com/alpenglow-condos-and-townhomes-sold-in-2014/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=4007 Alpen Glow Condos and Townhomes are selling nicely after a quiet few years. While nothing in the development sold since 2011, there were 3 sales in 2014. To see current Alpenglow Condo and townhome listings, click here. To see what units sold and for what price in 2014, look below. [table id=64 /]

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Alpen Glow Condos and Townhomes are selling nicely after a quiet few years. While nothing in the development sold since 2011, there were 3 sales in 2014.

To see current Alpenglow Condo and townhome listings, click here. To see what units sold and for what price in 2014, look below.

[table id=64 /]

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Villas at Walton Creek Condos in Steamboat sales in 2014 https://steamboatskicondos.com/villas-at-walton-creek-condos-in-steamboat-sales-in-2014/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=4026 The Villas at Walton Creek Condos is a newer entry-level development that saw 11 sales in 2014! Not only that, but the average price per square foot has gone up 13%.  The smaller units saw the biggest gain at The Villas at Walton Creek Condominiums last year with a price of $262,000 (up 15% over […]

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The Villas at Walton Creek Condos is a newer entry-level development that saw 11 sales in 2014! Not only that, but the average price per square foot has gone up 13%.  The smaller units saw the biggest gain at The Villas at Walton Creek Condominiums last year with a price of $262,000 (up 15% over sales price in 2013) for a two bedroom 1 bath unit.

The larger units also saw a gain. The highest priced three bedroom condo in 2013 sold for $339,0oo compared to $364,000 in 2014. That’s a gain of 4%.

The Villas at Walton Creek are attractive to both Steamboat residence and second home owner, because they are close to the ski area and have nice amenities including hot tubs and a play area and they are on the free bus route.

See all the available condos at the Villas at Walton Creek for sale here.

Below is a list of all sales at The Villas at Walton Creek Condos in 2014.

[table id=67 /]

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Highmark Condos in Steamboat 2014 Sales https://steamboatskicondos.com/highmark-condos-in-steamboat-2014-sales/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=4039 The Highmark Condominiums in Steamboat offer a great location and beautifully furnished condos. 2014 saw 2 resale transactions.  A new market, The Wild Plum opened in the building, making the Highmark even more attractive. Nothing more convenient than just taking an elevator to get a nice bottle of Vino! Click on the link to find […]

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The Highmark Condominiums in Steamboat offer a great location and beautifully furnished condos. 2014 saw 2 resale transactions.  A new market, The Wild Plum opened in the building, making the Highmark even more attractive. Nothing more convenient than just taking an elevator to get a nice bottle of Vino! Click on the link to find out more about the Wild Plum.

Here are the current listings at The Highmark.

For 2014 sales stats, please look at the chart below:

[table id=69 /]

 

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February 2015 Condo Sales in Steamboat https://steamboatskicondos.com/february-2015-condo-sales-in-steamboat/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=4168 In February 2015 there were 19 condo and townhome sales in Steamboat Springs. The average sales price of those units was $645,057. (The $645,057 average sales price in February was influenced heavily by 3 One Steamboat Place condos that sold between $1.6 and $2.0 million.) For comparison, there were 28 sales of condos and town […]

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In February 2015 there were 19 condo and townhome sales in Steamboat Springs. The average sales price of those units was $645,057. (The $645,057 average sales price in February was influenced heavily by 3 One Steamboat Place condos that sold between $1.6 and $2.0 million.)

For comparison, there were 28 sales of condos and town homes in February 2014. Inventory is down and prices are going up in the most popular condo developments.

Inventory remains a challenge in Steamboat and most US real estate markets. For example, in 2014 there were 65 sales in developments including Quail Run, Sunray Meadows, First Tracks, and Cascades. This year, there are no current listings for sale in those four developments.

Finally, the average ratio of price sold to asking price was 96% with 5 properties selling at 100% or more of the asking price.

Here are the details:

Address Sold Price Develop Acres Asking Price Sold/Asking
3295 Apres Ski Way $80,000 Mt Werner Meadows Condo $79,000 101.27%
465 Tamarack Dr #B-015 $131,000 Fish Falls Cond $128,000 102.34%
1565 Shadow Run Frontage #B103 $174,900 Shadow Run Condos $174,900 100.00%
31 Cedar Court $189,000 Whistler Village Thm $189,000 100.00%
2525 Cattle Kate Circle $192,500 Wildhorse Meadows – First Tracks $199,900 96.30%
2235 Storm Meadows Drive #341 $230,000 Storm Meadows Condos $259,000 88.80%
21 Cypress Court $245,000 Whistler Village Thm $264,900 92.49%
2515 Apres Ski Way #1 $290,000 Hillsider Condo $289,900 100.03%
2700 Village Dr B 102 $317,000 Lodge @ Steamboat Condo $329,000 96.35%
1463 Flattop Circle, Unit 108 $335,000 EagleRidge Lodge $349,000 95.99%
1430 Steamboat Blvd $540,000 Fairway Meadows Subdivision $550,000 98.18%
617 Clermont Circle $589,000 Emerald Heights $599,500 98.25%
859 Mill Run Ct $602,000 Fox Hunt Subdivision $619,000 97.25%
1502 Cascades Drive $645,000 Cascades @ Eagleridge Townhomes $650,000 99.23%
2830 Blackhawk Ct $690,000 BlackHawk TH F1 $725,000 95.17%
2933 Mountaineer Circle $918,000 Mountaineer $950,000 96.63%
2250 Apres Ski Way, Residence 709 $1,625,000 OSP Condominium at Apres Ski Way $1,950,000 83.33%
2250 Apres Ski Way, Residence 606 $1,825,000 OSP Condominium at Apres Ski Way $1,950,000 93.59%
2250 Apres Ski Way, Residence 610 $1,850,000 OSP Condominium at Apres Ski Way $2,000,000 92.50%

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Colorado Group Realty Annual Report https://steamboatskicondos.com/colorado-group-realty-annual-report/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=4174 The 2014 Colorado Group Realty Annual Report is out and ready to view.  Click on the image below to read the entire 12 page report full of Steamboat real estate information.

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The 2014 Colorado Group Realty Annual Report is out and ready to view.  Click on the image below to read the entire 12 page report full of Steamboat real estate information.

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How much can you make from renting your condo? It’s a hard question to answer! https://steamboatskicondos.com/how-much-can-you-make-from-renting-your-condo-its-a-hard-question-to-answer/ Wed, 09 Mar 2022 21:38:50 +0000 https://steamboatskicondos.com/?p=4205 Many of our condo buyers ask us what is the rental income potential of the condo they would like to buy. It’s a very common question and totally understandable. You want to have your own piece of mountain paradise, but you also know that you won’t be here all the time. So to optimize your […]

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Many of our condo buyers ask us what is the rental income potential of the condo they would like to buy. It’s a very common question and totally understandable. You want to have your own piece of mountain paradise, but you also know that you won’t be here all the time.

So to optimize your return, the obvious solution is to rent it on a nightly basis to other Steamboat visitors when you’re not here and make some extra money.

What makes this question hard to answer is because there are many unknowns in renting your place. Sometimes the condo you choose is going to have rental history numbers. This is a good number to look at so you know the future potential for rentals. But obviously it is not guaranteed that it will produce the same income in the future.

What if it’s a worse winter than last year? If Steamboat has no snow, the skiers are less likely to visit. Or it may be a better year, who knows? When will you be using your condo? If you’re using your condo during peak periods such as Christmas and New Year and spring break, your property won’t make as much in rental income.

Another reason why it’s hard to say what your rental income will be is because you have tens if not hundreds of choices when it comes to management companies. Most association management companies will also provide nightly rental services to owners, and most owners will go with those companies to save on the hassle of employing a different firm.

While some condo complexes in Steamboat do not allow the owners to hire an outside management company for nightly rentals, at most properties you do have a choice.

Recently, I was showing two bedroom two bath condos to a couple who wanted to stay at their property in the summer, and rent during the winter season. They wanted to maximize their income during their winter rental period and had asked me about rental numbers.

The unit we looked at had rental history from the management company that also managed the HOA. To have a thorough comparison, we also looked at the rental history for 2 other similar condos in the same complex. One was managed by a different management company and the other was managed by an owner through VRBO®.

The differences in the rental income were staggering: 26K for one company, 51K for another, and the vrbo property reported over 80K in gross income!

Finally, you have to know what the management fees are for the company you’re hiring to rent your condo. You may think that the gross numbers are great, but then you find out that the company charges 45% for the service, and you’re left with just a little over 1/2 of the gross rentals. Not as great as you thought, huh?

So when you ask us for the rental income history for condos, please don’t be surprised when we say “it depends”!

For more information about best income-producing properties, give Kasha Banas a call at (970) 846-8284 or email her at [email protected]

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