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
Snow Arrives in Steamboat
Four feet of snow arrived this week just in time for holiday guests. Steamboat Springs has lots of snow, although single family and condo inventory is way down. If you would like to learn more about Steamboat condos for sale, call us at 970-846-8284
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 […]
Resort Area Condo Sales See How Steamboat Compares
CondoS sales are on the rise all over the Colorado and the entire Rocky Mountain region. As you can see, the number of condominium sales has increased in every resort market monitored by the Western Mountain Resort Alliance. The second graph (below) shows dollar volume is also up as more buyers in every category not […]
Median Price for Steamboat Condos Higher in 2012
The median sales price of a Steamboat condos increased in 2012. Some of the reasons for the increase are: more buyers in the marketplace in 2012 fewer Steamboat condo foreclosures more luxury ski-in, ski-out condos were sold at Edgemont and One Steamboat Place entry level condo prices are rising two Trailhead Lodge auctions sold most […]
February Condo and Townhome Sales
Here is a list of Steamboat condos and townhome sales in February 2013. Type Address Development Asking Price Sold Price Condo 703 Lincoln Avenue B308 Howelsen Place $468,750 $458,500 Condo 700 Yampa Street A203 Howelsen Place $640,000 $640,000 Condo 3925 Apres Ski Way Mt Werner Meadows Condo $66,000 $60,000 Condo 1395 Sparta Plaza Walton Village […]
