Steamboat Springs, CO Real Estate News

By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
Moose hanging out in the neighborhood this spring. As we spend time this Memorial Day remembering those who have made the ultimate sacrifice in service to America, I find my thoughts lingering upon a friend, a young man who died in Iraq. I am honored to have known and spent time with Marine Corp First Lieutenant Nathan Krissoff. Prior to his enlistment, my family and his enjoyed some wonderful adventures....and we lost someone very special because of a roadside IED in Iraq. (but don't just take my word...google "Nathan Krissoff" for a real definition of hero) Sadly, most of us know someone who served and lost their life in service to the USA throughout the ages. May we honor them all by never forgetting them and their sacrifice. This past week saw 21 Steamboat Springs area real estate ...
Comments 3
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
It's blowing and snowing....bringing great moisture for a green summer! April showers bring may flowers....except in the Colorado mountain resorts...then, May blizzards bring verdant summers! Steamboat Springs real estate saw 12 closed whole ownership sales this past week for $8,042,750 in transaction dollar volume. Three million of that dollar volume was a 900+ acre ranch located in north Routt County. There were 5 closed single family homes, 5 townhome/condo sales and 2 lot/land sales. As of today, there are 136 pending sales (excluding the $18 million ranch) for a pending dollar volume of $70,183,699. The average pending price is $516,056 and the median is $359,000. 11% are pending for a list price of over $1 million, 6% under $1 million but over $800K, 10% are between $799,999 and ...
Comments 0
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Spring 2014 Real Estate Market Report for Steamboat Springs, CO To look at the Steamboat Springs and national housing statistics each month it's easy to get caught up in the dips and valleys. But if you step back and look at the overall picture, the housing market and home prices are holding steady. Home prices have climbed back considerably over the past couple of years and studies show that consumer confidence is growing as well. In fact, a recent survey by National Association of Realtors shows that vacation-home sales increased by nearly 30% in 2013. National Home Values Local Steamboat Market March was a good month for real estate transactions in Steamboat Springs, Colorado. Transactions in Routt County were up +30.99% over March 2013 for a total of 93 transactions. Even with the i...
Comments 7
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Summer Camps & Activities in Steamboat Springs               The end of Spring Break typically marks the time where we parents turn our attention to planning the kids' summer camps and activities. To help in preventing the dreaded words, "I'm bored" from escaping your child's mouth this summer, I have created a a list of day camps, sport and other activity camps taking place in Steamboat Springs. I hope these ideas contribute to the entire family's summer happiness. Summer Day Camps Kids' Adventure Club at the Steamboat Ski Resort. Age appropriate activities and adventures for 3-12 year olds. Adventure Bound in Steamboat Springs. Age appropriate activities and adventures for 3 year olds - 6th grade. Boys & Girls Club of Northwest Colorado Summer Camp. Drop-in program for children aged ...
Comments 2
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Second-Home Market Strong in Mountain Towns Second home sales jumped nearly 30% nationally last year according to an annual survey by National Association of Realtors, making up about 13% of all real estate transactions in 2013. This is great news for resort towns and destination communities like Steamboat Springs. Fly Fishing on the Yampa Roughly 65% of real estate purchases in Steamboat Springs are made by out-of-area buyers. Most of these properties are used as second homes or vacation homes.                       Here is a look at Steamboat's most recent real estate market report. The Wall Street Journal reports a 'Wealth Effect' Driving Vacation-Home Sales. This means that people are feeling wealthier and are therefore more willing to spend. These feelings are likely based on last ...
Comments 3
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Award Winning Senior Living in Ski Town USA   I know first hand the challenges of dealing with aging parents. It's complicated. Thankfully senior living and housing is not what it used to be. For example, Steamboat Spring's newest senior living facility, Casey's Pond, offers a variety of housing and care options. As they like to say, "Casey’s Pond is a continuum of care retirement community that fosters wellness and active longevity in an environment of majestic beauty." Casey's Pond Distinctive Senior Living   Casey's Pond was recently recognized by U.S News & World Report as one of the "Best Nursing Homes in Colorado." It received an overall 5-star rating for health inspections, nursing staff and medical quality of care. Exceptional medical care and nursing staff at Casey's Pond Casey...
Comments 2
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Dog, Dog, Dog Replaces Location, Location, Location Oh goody, we are going for a ride! My humans are going to look at a home that's for sale (410 Kelhi Court) in a neighborhood called Fish Creek Falls in Steamboat Springs, CO aka Dog Town USA. I really don't care where we go, I just like to go! This is me in my favorite seat. Things are starting off well, as we turn on Kelhi Court we realize it's a cul-de-sac. That means it will be a safe and quiet street for the kids and I. Then we turn into the driveway..... ...just look at that yard! Lush grass for rolling and chasing my tail and plenty of trees and bushes for, well, you know. I jump out of truck and sniff around. Yep, this is smelling good to me. We go inside and right away Mom see's something she likes - easy-to-clean hardwood floo...
Comments 10
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
The view to Walton Creek Canyon Week 7 of 2014 shows Steamboat real estate sales of $4.731 million on 9 whole ownership closed sales. Similar to last week's closed volume, there were 4 condo/townhome sales, 3 single family, and 2 lot/land sales. Total pending sale dollar volume on 109 units is $66,813,996. The average pending price is $613k thanks to 2 pending transactions listed for over $6 million, and the median pending sale price is $312,500. 13% of Steamboat Springs pending real estate transactions are over $1 million, including the 6% over $2 million, 7% are pending below $1 million and $800,000 or above, 9% fall between $799k and $600,000, 15% are between $599,000 and $400,000, 9% are in the $300's and 48% are pending under $300,000. The under $300k number is steadily decreasing...
Comments 0
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
Views from my snowshoe trail Steamboat Springs real estate sales for the the week ending February 6 showed 13 whole ownership sales with 6 single family, 4 condo/townhome and 3 land/lot. The total dollar volume was just under $5 million and fractional/timeshare units added another $1 million in sales. For a more in depth analysis, phone or email. Anne Mayberry 970.846.1425 ■ 25770 Arrowhead Trail #Seller: Federal Home Loan Mortgage Corp. #Buyer: Benjamin Letson #Sale date: Jan. 31, 2014 #Sale price: $293,000 #Property description: 3,339-square-foot, three-bedroom, 4.5-bath single-family home on 5.03-acre Lot 2 in Arrowhead North. Sold for $232,500 in 2005. #■ 1300 Athens Plaza #Seller: Patricia Brand-Fisher and Francis Fisher #Buyer: Joanne Tauch #Sale date: Jan. 31, 2014 #Sale price: ...
Comments 0
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
I realize I'm a bit behind in using the infographic so generously provided by AR, but alas, here is my take (with video) on the Top 6 Home Seller Mistakes.   Top 6 Seller Mistakes Survey of 1,000 Real Estate Agents Reveals the Top Six Ways to Sabotage the Sale of Your Home The most common reasons that a house will not sell in a good market are often well within the control of the home seller according to a recent survey by the ActiveRain online real estate community. In a poll of over 1,000 real estate agents, it was revealed that the top six ways home sellers turn potential home buyers away are: Data provided by ActiveRain.com.   I agree with these findings and think they hold true for homes in the Steamboat Springs area. It is up to the agent to educate the seller on aspects of the ho...
Comments 1
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
Alpenglow after days of snow Whew! This past week snowed me in with a couple of feet of new snow! The reward is beautiful, soft snow for skiing and an alpenglow sunset like this. Steamboat real estate sales are picking up. There are currently 112 pending sales representing total list prices of $81,214,888. Closed transactions this past week produced a dollar volume of $3,600,898 on 9 whole ownership sales. Of those 9, 4 were single family, 4 were condo/townhome, and 1 was a land/lot. There were 2 fractional sales recorded, both at One Steamboat Place. The current average pending price of the Steamboat Springs MLS is $$566,999 and the median is $309,000. (again, I've thrown out the $18,000,000 pending ranch sale to prevent the numbers from being grossly skewed) 13% of the pending sales ...
Comments 1
By Eliese Pivarnik, CRS, GRI, ABR, RSPS, Colorado Group Realt
(Colorado Group Realty, LLC)
Last year, 225 single family homes sold in Steamboat Springs and through the Steamboat MLS.  ( Hayden, Phippsburg, and Oak Creek are not included.)  The average price of a Steamboat home that sold in 2013 was $753,264 with a median price of $535,000.  Homes that sold ranged from a $150,000 for a home in Willow Creek Pass by Steamboat Lake to fourteen homes that sold for more than $2,000,000 including a $5,600,000 home in Priest Creek. Click here for a full list of 2013 Steamboat single family home sales. Please call us at 970.819.6372 for more information about buying or selling Steamboat real estate.
Comments 1
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
Flattops Wilderness from afar This view of the Flattops never ceases to take my breath away! Ok, my first ski report from an upclose and personal perspective in over 6 or 7 years.....the snow is unbelievable (soft with great coverate) ...all over the mountain! Steamboat real estate closed sales this past week were 9 whole ownership properties sold for $3,432,900 and a little over $800,000 in fractional/time shares. Of the whole ownership sales, 4 were single family, 3 were condo/townhome, 1 land, and 1 commercial. Also of note, the average pending sale price has increased to $476,933 and the median price has climbed slightly to $287,000. These numbers are somewhat skewed to the high end because of $6,2 million dollar 1000 acre ranch listing that just went under contract today! Enjoy th...
Comments 0
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Luxury Design Has Gone to the Dogs Last week the Wall Street Journal had an article about luxury home owners building and upgrading their homes to suit the needs of their pets. The article, In the Dog House: Pet-Friendly Luxury Design, with a subtitle: With pet ownership at an all-time high, builders and developers are pulling out the stops to please residents of the four-legged variety. A chocolate lab sits outside of his home in Old Town,                           Steamboat Springs, CO. I am all for making Fido and/or Kitty comfortable at home, and actually, a lot of the design ideas in the article are good ones. For instance, I like the idea of incorporating the dog's bed, storage for dog toys and food bowls into built-ins. Not tripping over the dog's bed in the room would be great. ...
Comments 6
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
Another major snow storm has moved in! We have changed! January 2nd was notable for our company...we rebranded as Steamboat Sotheby's International Realty (www.Steamboatsir.com)! The transition went smoothly and I am ready as ever, with great new tools, to help you acheive your Steamboat Springs real estate goals. Call or email and let me share with you what I have to offer! January 3-9 closed transactions resulted in $4.671 million in whole ownership dollar volume. Excluding one $18 million dollar pending land sale, the average pending price of all 96 pending sales is $381.198.16 and the median is $262,500. 5% of Steamboat area pending sales are over $1 million, 3% are below $1 million but above $800k, 8% are between $600k and $799,900, 13% are pending between $400,000 and $599k, 13% ...
Comments 0
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Steamboat Springs, CO Real Estate Market Report Steamboat Springs Ski Area Like our 30 residents vying for a spot on the United States Olympic Team, Routt County’s real estate market remains strong - even in the off season. For November, 107 transactions took place, which was 15% more than November 2012, for a gross volume of $33M. > November 2013 dollar volume was UP +1.26% over November 2012> Year-to-date dollar volume is UP +14.35%> Transactions were UP +15.05% from November 2012> Year-to-date transactions are UP +11.66%> 50% of the volume was under the price point of $500,000> 48% of the transactions were financed while 52% were paid with cash at the time of closing> Bank sales DOWN -3 transactions from previous month As I mentioned last month, ski season usually brings more condo a...
Comments 2
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
  Last nite's alpenglow while snowshoeing Steamboat Springs....snow, snow, and snowing right now! Skiing in Steamboat Springs is the best it has been in years with a 58 inch base at the summit and a total of 163.5 inches this year, so far! As I begin the new year with a name change from Prudential Steamboat Realty to Steamboat Sotheby's International Realty as my real estate company, Steamboat real estate sales showed a good week, with over $6 million in whole ownership closings. Six fractional sales closed for an additional amount of $1.274 million. 7 closed sales were single family, 6 condo sales, 3 land, and the surprise was 8 commercial/industrial closed sales with the Aviator Garages showing strong sales. As we enter this new year with a typical diminished supply of pending sales, ...
Comments 1
By Charlie Dresen, Steamboat Springs, CO e-Pro
(Steamboat Sotheby's International Realty)
Colorado Land Owners Learn for Free Colorado State University (CSU) Extension are experts in Colorado agriculture, horticulture, range, forestry, water, 4-H youth development and more. As the name implies, it is an extension of Colorado State University where the entire state is their campus. Lucky for Colorado residents, the Extension readily shares their knowledge for free through their website. So, why is this a big deal for Steamboat Springs, CO residents? Photo courtesy of Steamboat Today To start with, Steamboat Springs has a longstanding ranching heritage. Did you know that in the early 1900's cattle ranching was the primary industry in the Yampa Valley? In fact, Steamboat Springs once served as the largest cattle shipping points in the west. Makes sense to us; once the snow melt...
Comments 9
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
As 2013 approaches the new year, Steamboat Springs real estate closed sales remain active. Over $6 million in whole ownership sales closed this past week, representing 15 properties. 7 of those were in the condo/townhome category, 5 were single family, 1 land deal, and 2 commercial/industrial. Of the 113, $46+ million in current pending inventory (which excludes an $18 million property in Eagle County), the median pending price is now $257k and the average is $414,123. Pending sales of over $1 million are 8% of total pending sales, 3% are between $800,000 and $999k, 10% are between $600,000 and $799,000, 12% are below $600k but more than $400,000, 9% are in the $300's, and 58% are under $300,000. Including all categories-residential, land, commercial/industrial-Steamboat Springs real es...
Comments 2
By Anne Mayberry, Living the Steamboat dream since 1978!
(Steamboat Sotheby's International Realty)
Cabo Pulmo BCS sunrise as the storm approaches Back from vacation...tanned, rested, and ready to continue keeping you informed with Steamboat Springs real estate news. Enjoy reviewing the Steamboat real estate sales with over $7 million closed provided by the Steamboat Pilot and Today. Anne Mayberry 970.846.1425 ■ 821 Industrial Ave., Hayden #Seller: James and Mary Dawn Potter #Buyer: Case Enterprise Inc. #Sale date: Dec. 2, 2013 #Sale price: $65,000 #Property description: 0.332-acre commercial Lot 14 Valley View Business Park. #■ 61550 Cottonwood St. #Seller: Karen McBride Trust #Buyer: Nicholle Douglas #Sale date: Dec. 2, 2013 #Sale price: $225,000 #Property description: 1,825-square-foot, three-bedroom, two-bath single-family home on 0.29 acres in Hahn’s Peak. #■ 21485 U.S. Highway ...
Comments 0