Edgemont luxury ski in, ski out condos in Steamboat see a price drop

Wednesday, February 2, 2022

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Its rare to see a price drop in this bustling market, especially at Edgemont, luxury ski in, ski out condos in Steamboat.

Edgemont Steamboat condominiums

Most condos in Steamboat Springs are selling in a matter of days from listing, especially those priced under $1 Million. As of today’s post Feb 2nd, 2022, there are only four condos priced under a million, 40 sales pending (under contract), and 77 closings. Here are the condo sales in the past 30 days.

Here is another real estate search tool to see listings and sales history at Edgemont.

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Home for sale near Stagecoach price reduced, multiple offers continue in Steamboat Springs

Friday, August 20, 2021

Steamboat Springs real estate is still bustling with 2 condos I recently listed in the past month fielding 7 or more offers.

Travel 25 miles south of Steamboat Springs and good deals on homes are yet to be found. This newer home 6.4 miles from Stagecoach Reservoir State Park and 23 miles from Steamboat Ski Area price was just reduced by $100,000. Now priced at $800,000 is below what it would cost to buy land and build today considering the high price of materials and labor.

Large recreational acreage and horse property in Steamboat Springs Colorado scarce

Sunday, May 16, 2021

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It wasn’t so long ago when there were many properties available to buy with over 100 acres near Steamboat Springs, Colorado. Today there are 6 ranch listings, and 5 out of 6 are priced over $10M. 

Steamboat Springs Colorado horse and ranch real estate

Real estate ready for horses is even slimmer pickings, no matter the acreage. A stunning property located 13 miles north of Steamboat on the way to Steamboat Lake and other awesome recreational paradises in northwestern Colorado, features brand new horse facilities. This beautiful 5 bedroom, 5-1/2 bath home has an attached single car and detached 3 car garage plus 1 bedroom caretaker home.

North Routt county is popular for all types of recreation including hunting, fishing, back country skiing, snowmobiling, and many spectacular hikes and secret waterfalls that locals prefer to keep secret. 

Steamboat Springs Waterfalls

If a multiple million dollar ranch isn’t in your budget, there are many opportunities for affordable land and homes. Some land prices are well below prices paid over 13 years ago and home prices well below today’s building costs. Contact me for more details.

Dean Laird | Broker/Owner | Colorado Group Realty | 970-846-8284;

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Steamboat Springs Sees Another Record Month in Real Estate Activity in part due to COVID-19

Tuesday, November 24, 2020

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Where are all these Steamboat home buyers coming from?

Recent showings of my equestrian - recreational property on the road to Steamboat Lake were younger families from southern states. They tend to have middle school - high school aged kids and are looking for a place to play outdoors with access to public lands, privacy from neighbors, and the possibility of moving here permanently. You can take a virtual tour of Phantom Springs Ranch here.

With Increased Demand Comes Increased Home Values

In 26 years of real estate I didn’t do many sales in excess of $1M. In the past 60 days from this post date, there have been a total of 32 pending and closed sales for single homes over $2M. The average price of a home in Steamboat Springs is now $1.4M up 18% since this time last year, here are the home sales in the past 30 days. Low inventory, cost of land, high construction cost and high demand since COVID-19 continues to drive up prices.

During October, residential properties in Steamboat Springs went under contract in 15 days on average.

Lets Break another Record

My actual wish is to see a record year of snow, this last couple months of home sales is concerning because its not always a good thing to grow too fast, but always a good thing to see abundant powder. See Steamboat’s snow alarm.

Dean Laird, Broker/Owner, Colorado Group Realty, LLC, Steamboat Springs Colorado

 

 

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Steamboat yet again makes a top 5 list. This time, best place to own a vacation home

Sunday, April 21, 2019

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Steamboat’s popularity continues - Ikon Pass got us going even stronger this year with skier visits and now another recent article and Bloomberg study shows Steamboat Springs ranked 5th on the list of best places to own a vacation home.

One problem with a vacation “home” comes vacation “maintenance”. This is why you may consider the low maintenance option of a townhome with a well managed home owner association (HOA) such as the townhomes at Fox Willow.

Steamboat Fox Willow TownhomesFox Willow townhomes are a smaller complex of only 8 residences, so there isn’t the excitement during popular vacation times as most other condos and townhomes in the mountain area of Steamboat. The development also has 1.4 acres of common area designated as green space.

As popularity of Steamboat Springs continues, so does the idea of owning a vacation home here. Don’t wait until inventory is less as we often see in summer. Less inventory pushes higher prices. 

My new listing at Fox Willow available as of 4-19-19 is worth a look as the inventory under $725,000 for a 3 bedroom home with a 2 car garage is limited.  

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Inventory for homes downtown Steamboat is up over last summer

Wednesday, February 6, 2019

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Downtown Steamboat Springs by Michelle IdeusSingle family home listings in downtown Steamboat are up over summer 2018. Is our market cooling off or maybe just a sign of Seller’s over reaching?

Summer 2018 we were down to under 10 single family listings in downtown Steamboat Springs.  There are currently 24 homes listed in the downtown area

The result of more inventory is welcomed news to buyers that were seeing very few choices last year and not so good news for Sellers who priced over what the market could tolerate.

With new inventory in Sunlight and other new developments coming on the market west of Steamboat and the mountain area, combined with the Denver market showing signs of slower sales, the opportunities to find a home in Steamboat Springs Colorado under $1 million are increasing. 

 

 

 

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Wildhorse Meadows Homestead - newly constructed condos are under contract or sold by Dec 2016

Friday, December 2, 2016

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Wildhorse Meadows Homestead condosAll 5 condos at Homestead at Wildhorse are either sold or pending contracts before December 1st. Homestead at Wildhorse Meadows are mountain contemporary designed condos that live more like a townhome or single family home. Contemporary finishes, oversized windows highlighting views of the Yampa valley and use of amenities at Trailhead Lodge was just a few of the features that were unique to the Wildhorse Meadows development. Townhomes are 3 & 4 bedrooms w/ 3+ baths from 1751 SF to 3130 SF and 1 or 2 car garages depending on unit. HOA dues in 2016 run from $7500 to $12,000 per year. More photos and current updates can be found at SkiCondos4Sale.com

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Downtown Steamboat Springs Olympian condo sales up 26% over 2013

Wednesday, May 4, 2016

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Olympian downtown Steamboat Springs Colorado

Steamboat ski area views, unit size, and location in the Olympian building are some factors that effect pricing. A 3rd Floor 3 bed, 2 bath Olympian condo with private patio space and great light recently closed 4/29/2016 for $836,000 or $545/SF. Prices are up 26% over sales in 2013. The Olympian is located downtown on 5th st. across from the Yampa River bike/pedestrian (Core Trail). Walk to dinner and nightlife, Howelson Hill skiing and Emerald trails and all that historic downtown Steamboat have to offer. Olympian condos include parking space in the lower level garage plus storage space. All buyers are subject to a 0.5% transfer fee to the SSWSC upon transfer of title.

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