Archive for September 2012

For those of you that love numbers, here are some sales statistics for the summer (These statistics come from the Steamboat Springs Multiple Listing Service).

From June 1, 2012 to September 11, 2012 there were a total of 223 sales. 

Sales by Area

• 22 Sales in the downtown area
• 27 Sales in the Fish Creek area
• 91 Sales in the Mountain Area

The rest of the sales were pretty evenly spread between the South Valley, Highway 40 corridor, Hayden, Oak Creek and surrounding areas.

Sales by Type

• 56 Condos
• 7 Commercial building
• 14 Residential lots
• 82 Single family homes
• 44 Townhomes
• 8 Time shares

Sales by Price

• 3 Sales over $2,000,000
• 18 Sales between $1m-$2m
• 41 Sales between $500,000-$1,000,000
• 88 Sales between $200,000-$500,000
• 65 Sales under $200,000 (excluding timeshares)

Notable Sales

The least expensive home sale was for $35,000 for a single family ‘fixer-upper’ home in Oak Creek.

The least expensive residential sale in Steamboat was $75,000 1bdrm/2bath Walton Village Condo. (Excluding timeshares and mobile homes)

The least expensive single family home in Steamboat was a Fish Creek Area home that sold for $279,500.

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The 5 largest sales of the year
Updated 9/5/12

There have been 14 sales this year of $2,000,000 or more.  The top five sales start at $3,000,000 and reach nearly the $4,400,000 mark. In order of price, here are the top 5 sales of the year.

5.  The commercial building at 3^rd and Lincoln Avenue.  The former site of Chase Rugs and the future site of Natural Grocers.  This 20,650 square foot building sold for $3,000,000.

 4. The Covered Bridge House at Catamount Ranch.  One of the nicest homes in the valley, this luxury home has all the bells and whistles, 7 acres, and amazing golf course views.  This home sold at the start of the year for $3,475,000.  

*Seller represented by Pam Vanatta

3. Sitting just 13 miles from Steamboat, this property has 760 acres, a 6,700 square foot home, hunting, hiking, riding and more.  This luxury property sold for $3,900,000.

2. Peacefully set in the Strawberry Park area on 35 private acres, this luxury home has almost 10,000 square feet.   With contemporary style, a detached caretaker home, trout pond and access to public land, this beautiful home sold for $4,000,000.   *Buyer represented by Pam Vanatta

1. Woodchuck Mountain.  Close to Stagecoach Reservoir with 2,000 acres of varied terrain, this property is truly one of a kind.  Hunting, fishing, springs, views and more.  This property also sold at the start of the year for $4,374,180.  

*Seller represented by Pam Vanatta

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The colorful fall leaves are getting an early start this year.  The air is crisper and the mornings are cold.  Autumn is in the air!  With the changing of the seasons come some great real estate deals.  Take a look at these super price reductions and new listings:

Price Reductions

The Landings at Steamboat.  We’ve had two price reductions on two great units.  You will love the huge windows, large decks and vaulted ceilings.  This 4 bedroom unit has a fireplace in each bedroom and has been reduced to $749,000.  This unit has modified the garage for an extra bedroom and has been reduced to $664,500.

 Close to skiing but still very private, this 3 bedroom home has two large living rooms and giant decks with great views.  Huge windows and vaulted ceilings. Now offered at only $1,095,000.

 The Cabins at Lake Catamount.  One of these cabins just sold and this one has just been reduced.  Steps from the lake and clubhouse, this peaceful home is a steal at only $895,000.

The Moraine Townhome. Very stylish and very convenient, this great unit is near everything and has great amenities.  With three bedrooms and only priced at $479,000, this is one of the best deals in the mountain area.

The Ski-Inn condominium.  Ski-in/Ski-out condos have been an active part of the market recently.  Don’t miss out on this fantastic 2 bedroom unit with a loft and a deck that look straight out to the gondola.  Just reduced to $295,000.

 We also have a notable new listing in Big Valley Ranch.  This 35 acre parcel has endless valley and mountain views, a gentle slope and great privacy.  Just listed at $590,000.

Prices are low, interest rates are low, but inventory is falling.  The National Association of Realtor statistics show that the median days on market  properties is down almost 30 percent from a year ago.  The median days on the market is now only 69 days!  Don’t miss out on your dream property.  Call us for more info or to schedule of tour these fantastic properties.  Have a great end of summer and fall and we hope to see you soon!

Sincerely,

The Vanatta Group

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