Real Estate selling in Steamboat Springs and Routt County

Sales to note in January - Edgemont - luxury Ski in Ski out location on the slopes of Steamboat closes several condominiums in the past couple of months.

#2301: $3,793,000 Price/sqft: $1,181.62
#2302: $1,929,000 Price/sqft: $1,238.13
#2305: $1,644,000 Price/sqft: $1,119.89
#2407: $2,051,500 Price/sqft: $1,168.95
#2501: $2,089,000 Price/sqft: $1,186.93
#2506: $1,539,000 Price/sqft: $1,048.37
#2507: $1,954,000 Price/sqft: $1,116.57
#2604: $2,629,000 Price/sqft: $1,123.50
#2701: $2,564,000 Price/sqft: $1,362.38
#2705: $1,584,000 Price/sqft: $1,058.12
#2801: $3,514,000 Price/sqft: $1,257.70

* note the following data was provide to me by Land Title and the data comes from actual recorded transactions at
the County Clerk and Recorder’s Office. The information is not directly related to MLS data. We believe this information to be accurate, but not guaranteed.

Summary for the month for December 2009

• The Sales Volume of $83,194,900 was 207% of the December 2008 amount of $40,144,500!
• The total units sold for this month was 229% of the previous December 2008.
• 156 units sold for the month surpassed the 131 units sold last month.
•  80 of the units sold were from Fractional/Timeshare

Steamboat Springs sales Volume of $83,194,900 for December was the second highest volume for 2009!

Edgemont slope slide condominiums 

$12,973,000 for 6 Sales with an average of $2,162,167 per Unit Sold.

Notable! 12/24/2009 $3,793,000 Edgemont Condo Unit 2301

12/14/2009 $4,100,000 Rendezvous Trails TH Unit A – 6,714 SF with 5 Brm 6 Bath, YOC 2009, PPSF $610.66

12/2/2009 $2,900,000 Sanctuary Subd Replat #1 Lot 21 – 6,606 SF with 5 Brm 5.5 Bath, YOC 2000 on .70 AC, PPSF 438.99

North Routt County

12/30/2009 $2,566,600 M&B: Sec 14,15,22 & 23-12-88 aka 74694 CR #120 – 2,290 SF with 4 Brm 1.75 Bath, YOC 1904 on 1,176.09 AC, PPSF $1,120.79 in the .  This sale has several parcels all of which are totaled to the description shown.

Steamboat Springs downtown area

12/10/2009 $2,500,000 M&B: Sec 32-6-84 – Vacant Land Sale with a total acreage of 83.40AC located in the Steamboat Town Area. PPAC $29,976.02 (the Assessor shows a 59.4 Parcel on the summary page, but in the Land Detail there is both a 59.4 AC parcel and another 24 AC parcel on this site, thus the total of 83.4 AC)

• The Sales Volume of $89,994,700 surpassed the amount of $89,777,000 from NOVEMBER OF 2007! 
• A big contributor to the increased sales volume was a mineral deed for $26,679,600 (see below for more details). 
• The total volume sold for this month was 237.10% of the previous November 2008
• The total units sold for this month was 267.35% of the previous November 2008
• 131 units sold for the month surpassed the 125 units sold last month.
• 62 of the units sold were from Fractional/Timeshares.
• Only 169 loans were reported closed for the month of November.  This includes refinances, seconds and any loan associated with a sales transaction.
• Over 5% of those loans were owner carry.

Summary for the month for October:

• $39,111,000 in sales volume for the month. 
• $4,425,300 of the volume was from Fractional/Timeshares. 
• The total volume sold for this month was 78.80% of the previous October 2008
• 125 units sold for the month making this the second highest month for number of units sold.
• 65 of the units sold were from Fractional/Timeshares.
• The total units sold for this month was 57 more than sold last October 2008.
• Only 191 loans were reported closed for the month of October.  This includes refinances, seconds and any loan associated with a sales transaction.
• Almost 3% of those loans were owner carry.
• 28 of the 44 residential units sold this October were for $600,000 or below.

Summary of Sales in September 2009

• $27,238,500 in sales volume for the month.  
• $3,776,200 of the volume was from Fractional/Timeshares.  
• The total volume sold for this month was 72% of the previous September 2008  
• 86 units sold for the month making this the second highest month for number of units sold. 
• 42 of the units sold were from Fractional/Timeshares. 
• The total units sold for this month was 22 more than sold last September 2008. 
• Only 157 loans were reported closed for the month of September.  This includes refinances, seconds and any loan associated with a sales transaction.
• Almost 9% of those loans were owner carry.
• 19 of the 37 residential units sold this September were for $500,000 or below.