Colorado Group 2012 Annual Real Estate Report
Click on the Colorado Group Realty 2012 Annual Report below for a quick market overview of the Steamboat real estate market. If you have questions about specific Steamboat condos or neighborhoods, contact us and we’ll get you all the information you need to make an informed decision on whether to buy or sell.
June Steamboat Condo Sales
Eighteen Steamboat area condos sold in June ranging in price from $44,900-$1,870,000. Location drives prices here in Steamboat Springs with ski-in, ski-out condos at The Antlers, One Steamboat Place, and Snowflower commanding the highest prices. Trailhead Lodge also had three closings as they finish up with post-auction sales. One trend I’ve noticed is the increase […]
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 […]
Insurance Condo Owners Need
If you are considering buying a Steamboat condo, there are 2-3 different types of insurance you’ll need once you close escrow and move in. The first is the master policy which is paid through the owners’ HOA dues. Typically, the master policy will cover damage to the structure and the walls, floors and ceiling of […]
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
2nd Trailhead Lodge Auction Scheduled for December
Anyone who missed the first auction at Trailhead Lodge in Wildhorse Meadows in May will have another chance at bidding for one of the remaining furnished luxury condos next month. The second Trailhead Lodge auction is scheduled for December 15th at 1pm here in Steamboat Springs. (If you don’t have plans to be in Steamboat, […]
