Archive for Market Report – Page 3

15% Increase in Steamboat Real Estate Volume in August

 

Steamboat Barn

Steamboat Barn

In August of 2015, Steamboat Real Estate had enjoyed a 15% increase in dollar volume compared to August of 2014. This is great news for the Steamboat Springs market. While the number of transactions wasn’t too different: 88 in 2015 versus 84 in 2015 (a 4.7% difference) the average sales price is what drove the big increase in volume in Steamboat home sales. Average sales price for August of this year was $513,000, and in 2014 it was $465,000.

The biggest driver in the increase were Steamboat single family homes. Compared to August of last year, the volume for single family homes in Steamboat Springs has increased over 51%. In August of 2014, the total volume for single family homes was $16,233,750 and this past August, it was $24,557,976. Within the single family segment, the biggest drivers were homes over $750,000 with 9 sales, one of which was a property at Catamount near Steamboat that sold for $4,600,000.

Property Type Year # of sales Average Price
Steamboat Single Family  2015 35 $701,656.46
2014 29 $559,784.48
Steamboat Townhomes 2015 20 $461,515
2014 21 $516,283.81
Steamboat Condos 2015 28 $376,444.64
2014 23 $432,247.83
Steamboat Fractional 2015 5 $162,600.00
2014 8 $83,612.50

For more information about the best real estate opportunities in Steamboat Springs, give us a call at 970-819-5063.

 

August Single Family Home Sales

Downtown Steamboat Springs

Old Town in Steamboat Springs

Development Address Asking Price Sold Price
Village Green 1103 Village Lane $650,000 $540,000
Fairview Add Ss 570 Evans Street $459,000 $425,000
Other 369 River Road $724,000 $699,000
Orig Town Steamboat Springs 227 Pine Street $555,000 $555,000
Copper Rose Subdivision 75 Copper Rose Ct $1,275,000 $1,275,000
Willett Heights Subdivision 1345 Blue Spruce Ct. $615,000 $600,000
Willett Ridge Subdivision 470 Cherry Drive $995,000 $940,000
Boulder Ridge 305 BOULDER RIDGE ROAD $1,799,000 $1,850,000
Steamboat Barn Village 860 Twlight Lane $1,100,000 $1,100,000
Ski Ranches Subdivision 2190 Val D’isere Circle $975,000 $931,250
Vista Ranch 27650 County Road 42 $849,000 $815,000
Silver Spur/ Estates 27690 Silver Spur Street $615,000 $590,000
Silver Spur/ Estates 27624 Winchester Trail $775,000 $720,000
Silver Spur/ Estates 27911 Silver Spur Street $599,000 $589,000
4 Bar G 26155 Forest Service Road 409 $319,300 $361,001
Steamboat Lakes 57990 Jupiter Place $499,000 $499,000
Parkside 60545 Parkside Drive $769,000 $723,000
Steamboat Lakes 57570 Miners Dream Pl $445,000 $415,000
Elk Horn 59285 Cripple Creek Court $849,000 $849,000
Lake Catamount 29250 CR 18 $4,850,000 $4,600,000
Metes & Bounds 29400 Routt County Road 14 $1,200,000 $1,200,000
Meadow Green Stagecoach 30580 Ormega Way $385,000 $375,000
Meadow Green Stagecoach 30535 Ormega Way $400,000 $386,500
Coyote Run Subdivision 30390 Coyote Run Ct $542,500 $526,225
Red Hawk Village At Stagecoach 23650 Sagebrush Circle $320,000 $310,000
South Shore Subdivision 31440 Shoshone Way $298,900 $288,000
Red Hawk Village At Stagecoach 23700 Sagebrush Circle $324,900 $320,000
Morningside Subd 22503 Cheyenne Trail $250,000 $225,000
Meadow Green Stagecoach 30070 Bannock Trail $468,000 $468,000

19 Properties Over $1 Million Under Contract since August 1st

Steamboat Luxury Homes19 properties priced over $1 Million went under contract since the beginning of August. This is great news for Steamboat luxury real estate market. Through today, there have been 41 sales in this market segment, which points to this segment getting hotter. Until August many of the sales were driven by the sales at One Steamboat Place. There were 12 sales at OSP in all of 2015, which accounted for almost 30% of all sales. This August, none of the properties under contract were at One Steamboat Place. The properties under contract are mostly single family homes (12) and townhomes (3) and a 3 ranch properties.

Please look below to see what went under contract since August 1st:

Address Contract Date Type Price Sq Ft BR Baths
1005 Crawford Avenue 8/15/2015 Single Family $1,800,000 4721 Five Four
1530 Natches Rd 8/8/2015 Single Family $1,985,000 4052 Four Three
1109 Redwoods Drive 9/1/2015 Townhouse $1,389,000 3720 Four + Four
41300 Juniper Springs Ct. 8/17/2015 Single Family $1,295,000 5252 Five Five +
1305 Clubhouse Cir 8/14/2015 Single Family $1,950,000 3900 Four + Three
1254 Clubhouse Circle 8/9/2015 Single Family $1,295,000 3124 Three + Three
27575 Routt County Rd 7C 8/28/2015 Farm/Ranch $2,400,000 3504 Four Two
33825 Routt County Rd 14 8/11/2015 Farm/Ranch $2,300,000 1578 Three One
37669 State Highway 64 8/21/2015 Farm/Ranch $9,500,000 2652 Four One
31055 County Rd 64 9/1/2015 Single Family $7,900,000 17156 Seven Five +
2010 Bear Drive 8/12/2015 Single Family $1,395,000 4668 Four + Three
3200 Aspen Wood Lane 8/18/2015 Single Family $1,249,000 4443 Four Four
3105 Laurel Lane 8/17/2015 Single Family $1,400,000 3917 Five Four
2460 Ski Trail Lane 8/14/2015 Townhouse $1,200,000 3375 Four Four
2462 Ski Trail Lane 8/14/2015 Townhouse $1,300,000 2947 Five Four
2462 Ski Trail Lane 8/14/2015 Multi-Plex $2,500,000 6322 Nine Five +
850 Mauna Kea Drive 8/24/2015 Single Family $1,249,000 4404 Five Four
31765 Soda Creek Rim Rd 8/30/2015 Single Family $4,995,000 7089 Six Five +
850 Douglas Street 8/26/2015 Single Family $1,740,000 5826 Five + Five +


Click here for all properties currently available over $1 Million
.  If you’d like more information about the Steamboat market, please give us a call! 970-819-5063

Steamboat Real Estate Sales July 2015

Fish Creek Meadows

Fish Creek Meadows

Almost $25,000,000 in single family home sales volume traded in Steamboat Springs and surrounding areas in July. The average sale closed within 5% of the asking price.  Single family homes are one of the tightest market segments right now, so if you are looking for a Steamboat home, call us at 970-819-6372 and we will keep you updated on listings as they come on the market.

Here is a link to all Steamboat Springs homes for sale.

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