December stats for Steamboat Springs Real Estate / Routt County
Friday, January 20, 2012
Thank you to Stan Urban with Steamboat’s Land Title Company for the following real estate sales information. December was a good month for [tag]Steamboat Springs real estate[/tag] in [tag]Routt county[/tag] with $47M in gross volume from 136 transactions, making it the third strongest in volume of the year and coming in +72% higher than last December in number of transactions. Luxury properties and large commercial purchase contributed to the strong December numbers. All in all, it’s still a bit of a mixed bag. Our year-end Gross Dollar Volume of $450M, was slightly off 2010 (-12.01%) with transactions showing a slightly heavier decline of (-23.06%). There has been a high number of Fractional Sales we have had over the past 3 years. [tag]Bank sales[/tag] continue to be a factor with 18 this month. Loans were up – with a total of 170 recorded for December, making December the highest transaction loan month this year. Highest PPSF for December 2011: 12/30/2011: $2,825,000 [tag]Edgemont[/tag] [tag]ski-in/ski-out[/tag] [tag]Condo[/tag] Unit 2803 aka 2410 Ski Trail Lane, #2803 – 5 Bedroom 5 Bath YOC 2009 with 3,642 SF Living Area. PPSF is $775.67. This is a [tag]new construction[/tag] sale on [tag]Steamboat[/tag] Mountain. Highest Priced Sale for December 2011: 12/29/2011: $4,500,000 City South Subdivision Lot 1, Mid Valley Business Center #2 Lot 2, M&B: Sec 20-6-84 – 3 Commercial Parcels: All Vacant Commercially zoned, with a combined land size of 14.52 AC. This property is located at 1440 Pine Grove Road. PPAC is $309,917. This was a Bank Sale. Other sales over $1.4M: 12/28/2011 $2,050,000 [tag]Sanctuary[/tag] Subdivision #5 Lot 132 Re-plat aka 3050 Clearwater Trail - 4 Bedroom 4.5 Bath YOC 2006 with 5,808 SF Living Area on 1.48 AC Land. PPSF is $352.96. 12/14/2011: $1,425,000 [tag]Big Valley Ranch[/tag] at Steamboat Subdivision #2A Lot 25 aka 28880 Skyline Drive – 3 Bedroom 3.5 Bath YOC 1992 with 4,636 SF Living Area on 36.10 AC Land. PPSF is $307.38
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