Archive for Steamboat Luxury Real Estate

SF Homes that Sold in Steamboat Springs this Summer

Single FamilyThis summer between June and August, 55 single family homes sold in Steamboat Springs.  Prices ranged from $265,000 for an entry 2 bedroom home in Milner to $3,300,000 for a home on Natches Way with a spectacular view of the ski area.  The average price of a Steamboat area home was $1,100,000 and the median price was $800,000.

Last year, 67 properties sold so the total number of sales is down, but the average price is significantly higher than last year’s average of $889,000 and median price of $628,000.

Only six homes sold for less than $500,000 and 21 sold for over $1M.   There aren’t many new spec homes for sale to fill the demand–only two new homes are for sale under $1,000,000.

Search all properties for sale here or call us at 970-819-6372.

Here are the properties that sold:

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Single Family Home Sales in Steamboat March-May 2016

Single Family

2016 Q1 results are in thanks to Land Title, and it’s no surprise that prices are up. Here are general trends comparing the 1st quarter of 2016 to the 1st quarter of 2015 in Routt County:
* Average Residential Price up 28.43%
* Gross Sales Volume up 10.61%
* Real Estate Transactions down 1.65%
* Buyer Profile: 54.42% local, 9.29% Front Range, 36.28% Out-of-State

In March thru May 2016 there were 38 Single Family home sales in Steamboat Springs with the most expensive being a $2.3 million home sold at Burgess Pines. This was one of six properties that sold for over $1 million in that time frame.

The average price for single family homes was $801,000 according to the Steamboat MLS.

See the homes that sold below, and call us at 970-819-6372 with your questions:

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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.


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