Archives
April 2007
I have been writing about how crazy our market has been in Steamboat Springs. We have seen an increase in the Million Dollar + Market as well. Below are the stats for the Market Area from the first of this year (2007) through today. The market is definetley moving- look how short some of these Days on Market (DOM) are! Call me if you have questions or want clarification on any of this information (970) 871-1157, Stacy.
| Status |
Class |
Type |
Price Range |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
|
|
|
|
|
|
|
|
| SOLD |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Single Family |
|
|
|
|
|
|
| |
|
|
$1,100,000 - $1,104,999 |
1 |
$1,100,000 |
$1,100,000 |
$1,100,000 |
38 |
| |
|
|
$1,250,000 - $1,254,999 |
1 |
$1,250,000 |
$1,250,000 |
$1,250,000 |
243 |
| |
|
|
$1,525,000 - $1,529,999 |
1 |
$1,525,000 |
$1,525,000 |
$1,525,000 |
220 |
| |
|
|
$1,550,000 - $1,554,999 |
1 |
$1,550,000 |
$1,550,000 |
$1,550,000 |
421 |
| |
|
|
$1,565,000 - $1,569,999 |
1 |
$1,565,000 |
$1,565,000 |
$1,565,000 |
35 |
| |
|
|
$1,570,000 - $1,574,999 |
1 |
$1,572,500 |
$1,572,500 |
$1,572,500 |
247 |
| |
|
|
$1,575,000 - $1,579,999 |
1 |
$1,575,000 |
$1,575,000 |
$1,575,000 |
85 |
| |
|
|
$2,000,000 - $2,004,999 |
1 |
$2,000,000 |
$2,000,000 |
$2,000,000 |
95 |
| |
|
|
$2,125,000 - $2,129,999 |
1 |
$2,125,000 |
$2,125,000 |
$2,125,000 |
62 |
| |
|
|
$2,350,000 - $2,354,999 |
1 |
$2,350,000 |
$2,350,000 |
$2,350,000 |
715 |
| |
|
|
$2,425,000 - $2,429,999 |
1 |
$2,425,000 |
$2,425,000 |
$2,425,000 |
164 |
| |
|
|
$2,775,000 - $2,779,999 |
1 |
$2,775,000 |
$2,775,000 |
$2,775,000 |
429 |
| |
|
|
$2,875,000 - $2,879,999 |
1 |
$2,875,000 |
$2,875,000 |
$2,875,000 |
81 |
| |
|
|
$2,900,000 - $2,904,999 |
1 |
$2,900,000 |
$2,900,000 |
$2,900,000 |
64 |
|
|
|
Sub Total |
14 |
$27,587,500 |
$1,970,536 |
$1,787,500 |
207 |
| |
|
Condo |
|
|
|
|
|
|
| |
|
|
$1,100,000 - $1,104,999 |
1 |
$1,100,000 |
$1,100,000 |
$1,100,000 |
196 |
| |
|
|
$1,200,000 - $1,204,999 |
1 |
$1,200,000 |
$1,200,000 |
$1,200,000 |
135 |
| |
|
|
$3,125,000 - $3,129,999 |
1 |
$3,125,000 |
$3,125,000 |
$3,125,000 |
104 |
|
|
|
Sub Total |
3 |
$5,425,000 |
$1,808,333 |
$1,200,000 |
145 |
| |
|
Townhouse |
|
|
|
|
|
|
| |
|
|
$1,005,000 - $1,009,999 |
1 |
$1,005,000 |
$1,005,000 |
$1,005,000 |
59 |
| |
|
|
$1,245,000 - $1,249,999 |
1 |
$1,245,000 |
$1,245,000 |
$1,245,000 |
536 |
| |
|
|
$1,280,000 - $1,284,999 |
1 |
$1,280,000 |
$1,280,000 |
$1,280,000 |
218 |
| |
|
|
$1,350,000 - $1,354,999 |
1 |
$1,350,000 |
$1,350,000 |
$1,350,000 |
388 |
| |
|
|
$1,355,000 - $1,359,999 |
1 |
$1,359,500 |
$1,359,500 |
$1,359,500 |
162 |
| |
|
|
$1,605,000 - $1,609,999 |
1 |
$1,606,000 |
$1,606,000 |
$1,606,000 |
34 |
|
|
|
Sub Total |
6 |
$7,845,500 |
$1,307,583 |
$1,315,000 |
233 |
| PENDING |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Single Family |
|
|
|
|
|
|
| |
|
|
$1,495,000 - $1,499,999 |
1 |
$1,495,000 |
$1,495,000 |
$1,495,000 |
45 |
| |
|
|
$1,595,000 - $1,599,999 |
1 |
$1,595,000 |
$1,595,000 |
$1,595,000 |
127 |
| |
|
|
$1,985,000 - $1,989,999 |
1 |
$1,985,000 |
$1,985,000 |
$1,985,000 |
18 |
| |
|
|
$2,695,000 - $2,699,999 |
1 |
$2,695,000 |
$2,695,000 |
$2,695,000 |
113 |
|
|
|
Sub Total |
4 |
$7,770,000 |
$1,942,500 |
$1,790,000 |
76 |
| |
|
Condo |
|
|
|
|
|
|
| |
|
|
$1,045,000 - $1,049,999 |
1 |
$1,045,000 |
$1,045,000 |
$1,045,000 |
269 |
| |
|
|
$1,095,000 - $1,099,999 |
1 |
$1,095,000 |
$1,095,000 |
$1,095,000 |
273 |
| |
|
|
$1,195,000 - $1,199,999 |
1 |
$1,195,000 |
$1,195,000 |
$1,195,000 |
221 |
| |
|
|
$1,340,000 - $1,344,999 |
1 |
$1,343,000 |
$1,343,000 |
$1,343,000 |
206 |
| |
|
|
$1,440,000 - $1,444,999 |
1 |
$1,442,000 |
$1,442,000 |
$1,442,000 |
205 |
| |
|
|
$1,720,000 - $1,724,999 |
1 |
$1,720,000 |
$1,720,000 |
$1,720,000 |
206 |
| |
|
|
$1,845,000 - $1,849,999 |
1 |
$1,849,000 |
$1,849,000 |
$1,849,000 |
205 |
| |
|
|
$2,150,000 - $2,154,999 |
1 |
$2,150,000 |
$2,150,000 |
$2,150,000 |
13 |
| |
|
|
$2,255,000 - $2,259,999 |
1 |
$2,257,000 |
$2,257,000 |
$2,257,000 |
205 |
| |
|
|
$2,330,000 - $2,334,999 |
1 |
$2,330,000 |
$2,330,000 |
$2,330,000 |
206 |
| |
|
|
$2,355,000 - $2,359,999 |
1 |
$2,356,000 |
$2,356,000 |
$2,356,000 |
205 |
|
|
|
Sub Total |
11 |
$18,782,000 |
$1,707,455 |
$1,720,000 |
201 |
| |
|
Townhouse |
|
|
|
|
|
|
| |
|
|
$1,200,000 - $1,204,999 |
1 |
$1,200,000 |
$1,200,000 |
$1,200,000 |
724 |
| |
|
|
$1,250,000 - $1,254,999 |
1 |
$1,250,000 |
$1,250,000 |
$1,250,000 |
33 |
| |
|
|
$1,295,000 - $1,299,999 |
1 |
$1,295,000 |
$1,295,000 |
$1,295,000 |
54 |
| |
|
|
$1,395,000 - $1,399,999 |
1 |
$1,399,000 |
$1,399,000 |
$1,399,000 |
42 |
| |
|
|
$1,505,000 - $1,509,999 |
1 |
$1,508,000 |
$1,508,000 |
$1,508,000 |
56 |
| |
|
|
$1,595,000 - $1,599,999 |
1 |
$1,595,000 |
$1,595,000 |
$1,595,000 |
7 |
| |
|
|
$1,695,000 - $1,699,999 |
1 |
$1,699,000 |
$1,699,000 |
$1,699,000 |
310 |
| |
|
|
$1,845,000 - $1,849,999 |
1 |
$1,845,000 |
$1,845,000 |
$1,845,000 |
369 |
| |
|
|
$2,075,000 - $2,079,999 |
1 |
$2,079,000 |
$2,079,000 |
$2,079,000 |
816 |
|
|
|
Sub Total |
9 |
$13,870,000 |
$1,541,111 |
$1,508,000 |
268 |
| RESERVED |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Townhouse |
|
|
|
|
|
|
| |
|
|
$1,700,000 - $1,704,999 |
1 |
$1,700,000 |
$1,700,000 |
$1,700,000 |
263 |
|
|
|
Sub Total |
1 |
$1,700,000 |
$1,700,000 |
$1,700,000 |
263 |
| |
|
|
|
|
|
|
|
|
| Grand Totals |
48 |
$82,980,000 |
$1,728,750 |
$1,573,750 |
207 |
5:43 AM - Apr. 5, 2007 - {0} -
View more entries tagged with: 2007 Market Stats
Fellow REALTOR, Carolyne of Canada, has written a wonderful article titled "The Realtor and You, Your Costs: Their Costs (USA), and she has allowed me to link to it. I encourage you to read it and I welcome your comments.
http://www.carolyne.com/bramptonhomes/costs_usa.html
Thanks, Carolyne!
6:10 AM - Apr. 3, 2007 - {1} -
View more entries tagged with: None
I just posted the following last week:
"Those who are lucky enough to call themselves owners at Stonewood have seen some nice appreciation. The first units sold in September of 2005 for about $297/sq. ft. That same month another unit closed at $338/sq. ft. In May of 2006 a unit closed at $349/sq. ft. and in February of this year a unit closed at $425/sq. ft. Currently, units that are sale pending are listed at $450/sq. ft. and one unit (#6) can be bought for $455 a sq. ft. The rest of the units that are currently on the market are listed at $500/sq. ft. and one unit (a resale) is listed at $572/sq. ft.!!!!"
Since that post, Unit # 20, which was listed at $500/sq. ft. and is not under construction yet has gone UNDER CONTRACT!! In addition, the resale, Unit # 1, which was listed at $572/sq. ft. is also UNDER CONTRACT!!
I told you this market is crazy! I say it's crazy only because properties seem to be appreciating on a daily basis!! Stonewood is one of my favorite developments and I still think it's a good buy and a great investment, even as prices continue to rise! Unit #6 is still available for immediate ownership and occupancy for $455/sq. ft., but I would not be surprised to see the price increase on this unit shortly if it isn't snatched up in the next week or so. Wanna see it? Call me (970) 291-1046 or email me @ Stacy@SoldOnSteamboat.com
4:27 AM - Apr. 2, 2007 - {0} -
View more entries tagged with: Stonewood
 
Check out the new sales program at The Highmark!
Purchasers have the choice to participate in a lease income agreement program for a 3-year term. They will receive a fixed monthly rental income with an annual escalation over the 3-year term. The monthly rental income includes estimated property tax escrows.
• Residences are sold fully furnished with very stylish interiors and a high-end boutique style atmosphere.
• Option-ARM loan package offered by Capital Mortgage Advisors for those who qualify.
• Paid monthly homeowners association fees for the three year term (for those who participate in the lease program).
The following units are currently available with the following lease income as it increases each year:
2A 4 Bedroom/3.5 Bath $1,652,040 Yr.1 lease @ $5,200/mo, Yr.2 @ $5,616/mo & Yr.3 @ $6,065/mo
3E 4 Bedroom/3.5 Bath $1,732,080 Yr.1 lease @ $5,500/mo, Yr.2 @ $5,940/mo & Yr.3 @ $6,415/mo
4C 3 Bedroom/3 Bath $1,990,040 Yr.1 lease @ $6,300/mo, Yr.2 @ $6,804/mo & Yr.3 @ $7,348/mo
5B 4 Bedroom/3 Bath $2,324,840 Yr.1 lease @ $7,400/mo, Yr.2 @ $7,992/mo & Yr.3 @ $8,631/mo
Blackout periods do apply, making this program more suitable for investors, rather than someone looking to use their condo and put it in the rental program. I sit on-site at The Highmark, so call me with any questions and I'll be happy to fill you in on all of the details.
highmark at steamboat
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The source for what's happening in Steamboat Spring's and surrounding areas, real estate, fun stuff and more!
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