Steamboat Condo Sales in Feb 2012
Steamboat condo sales in February ranged from a 1BR condo at Pines at Orehouse Plaza that sold for $209,700 to a luxury One Steamboat Place whole ownership condo for $2,400,000. Interestingly, there were no bank (foreclosure) sales in the mountain area. Of the 19 properties that sold (these are properties in the mountain area only […]
Steamboat Condo Sales in April and May
Steamboat condos sales and Steamboat real estate in general have picked up over the last 12 weeks and days on market have come down dramatically. Some Steamboat condos that were on the market for a year…or even two…are now pending, and new listings are finding buyers within months. We aren’t back to a “normal” market […]
July Steamboat Springs Condo Sales
Steamboat condos sales for July are listed below. There were 31 sales, and true to current market trends, over 75% sold for less than $500,000. The under $500,000 market and especially the under $300,000 market has seen a lot of activity this summer. If you would like more information about buying or selling your Steamboat […]
Condo Financing Gets (Slightly) Easier
One of the reasons the Steamboat condo market–and all resort markets nationwide–is still a challenge is because Fannie Mae guidelines have made getting a condo loan nearly impossible for many Steamboat condo developments. Lenders won’t finance anything that doesn’t meet those guidelines, so condos with front desks, nightly rentals, more than 50% of the development […]
Steamboat Condo Sales for October
There were 11 Steamboat condominium and townhome sales in September 2012 ranging from a starter $67,000 place at Chapparel Terraces to a five bedroom Cimarron Townhome short sale that was listed at $895,000 and closed for the absurdly low price of $780,000. Buyers who want to purchase a condo before ski season are looking now […]
Steamboat Condo Sales in September
There were 29 Steamboat condo sales in September, with 20 of those sales below $500,000 and three over $1M at Edgemont, One Steamboat Place, and Trailhead Lodge at Wildhorse Meadows. Check out the details below. [table id=19 /]
Steamboat Condo Sales in October
The market has turned and people are buying again. There were 43 Steamboat condos that sold in October ranging in price from a $60,000 Stagecoach Townhome to a $915,000 Stonewood Townhome. The average price was $396,845 reflecting the return of the mid-range buyer who sat patiently on the sidelines for the past several years. In […]
Snowmaking Underway in Steamboat
New Development Inventory Dwindles at Edgemont, One Steamboat Place
Buyers looking for new luxury ski-in, ski-out condos at Edgemont and One Steamboat Place are seeing their options dwindle as sales volume increases. There are only 9 residences left at Edgemont and 13 whole ownership residences left at One Steamboat Place. See the remaining condos for sale (including fractional ownership) at One Steamboat Place here. […]
Steamboat Condos Sales in December
Good news for condo buyers and sellers as the Steamboat market continues to show improvement in December. The December Steamboat Springs condos sales are listed below although the list doesn’t include sales from the Trailhead Lodge Auction. (More about the auction later.) Of the 27 Steamboat condo sales, 63% were under $500,000 and 6 were […]
