The real estate trend in Steamboat appears to be on the uptick. If you are interested in getting into the Steamboat real estate market, get in touch today and we can begin the search. angela@yoursteamboathome.com

From Bruce Carta at Land Title, here are some numbers:

Summary for the month for January: 

• The Sales Volume of $49,807,800 was 209% of the January 2009 amount of $23,760,000!
• The total units sold for this month was 62% of the previous January 2009.
• 109 units sold for January was down from the 156 sold in December of 2009.
• 69 of the units sold were from Fractional/Timeshares.
• 157 loans were reported closed for the month of January.  This includes refinances, seconds and any loan associated with a sales transaction.

 Notable sales for the month of December over $2M: 

• 1/12/2010 $2,564,000 Edgemont Condo Unit 2701 – Listed in the Steamboat Mountain Area.
• 1/7/2010 $2,629,000 Edgemont Condo Unit 2604 – Listed in the Steamboat Mountain Area.
• 1/4/2010 $2,700,000 OSP Condo at Apres Ski Way Unit 413 – Listed in the Steamboat Mountain Area.
• 1/6/2010 $3,524,000 Edgemont Condo Unit 2801 – Listed in the Steamboat Mountain Area.
• 1/25/2010 $6,579,000 Village @ Steamboat Condo Project Transfer for multiple interests totaling: 18,000,000 interests in their terms. Sale shown in Sales by Area & Interval/Fractional Portion – not used for Average Unit Price or Median Unit Price.

I have been lost in the Olympic fog for the past two weeks. As our boys and girls  from home impressed the world, we all got a little caught up in just how cool it was for the nordic combined team and others to have such deep Steamboat roots. Have to say, after having watched the olympic trials here in December for nordic combined, moguls and aerials it was pretty amazing to see these folks again going for the medals.  Looks like a welcome is planned for first week in April, so make plans and get to Steamboat for the celebration!

If you haven’t had enough, here are more articles about the Olympics and the Steamboat connection: 

Group planning an Olympic-sized welcome for athletes 

Nordic combined sport never has been hotter 

http://www2.steamboatpilot.com/news/2010/feb/28/nordic-combined-heats/

 Luke Graham: Demong, de-man, de-myth, de-legend 

 Demong wins gold, Spillane takes another silver 

http://www2.steamboatpilot.com/news/2010/feb/25/spillane-demong-and-lodwick-medal-contention/

 Steamboat crowd shares tears of joy 

http://www2.steamboatpilot.com/news/2010/feb/26/steamboat-crowd-shares-tears-joy/

In March, there will be an auction of some high-end condos near the base of the ski area. These condos were built in 2006 but barely used and will come fully furnished The word is that price per square foot will be around $420-500/sf for starting bids.  If you have cash, want to be steps away from the base area and amenities this is something worth looking into.  I can register you and give you more details. Other projects in the area are getting $800-1300/sf.    angela@yoursteamboathome.com

(Ok, this is cheesy but our Olympic send-off downtown was pretty awesome. Steamboat’s version of the torch!)

There are some notable things worth mentioning this week in real estate. Bruce Carta of Land Title provided some summary numbers of sales in One Steamboat Place, Wildhorse Meadows/Trailhead Lodge and First Tracks and Edgmont as of Feb 1st, 2010.

One Steamboat Place: $27 million in sales of whole ownership avg $3.375/unit. Fractional Ownership sales of $26 million avg $459k per transaction.

Wildhorse Meadows: Trailhead Lodge - $22 million in sales avg $851k/unit. FirstTracks $3.5 million average $256k/unit.

Edgemont: $30million in sales avg  $2.3/unit.

This is good news for the vibrancy of the market. We are still seeing cash buyers entering the market for  some outstanding values.

Wonder what these properties look like? Schedule a trip to Ski Town USA and see why others have been smitten by the Yampa Valley and its community. Oh, and we have a few Olympians to brag about as well!  I would love to show you around.

Kid on skis being pulled by horse down Mainstreet Steamboat!

Fireworks on Howelsen Sat night. Special feature Lighted Man!

This is by far one of the most fun weeks you can spend in Steamboat Springs.  The near century old Winter Carnival begins this week and even more meaningful as we have an Olympic Send-off on Friday! We are a town proud of our Olympians and for a very good reason…a lot of them train here and/or were born here.  Where else do you get to see a mainstreet shutdown with snow brought in, wild west horses, kids begin pulled on skis, the only marching band on skis and a man that skis down a hill shooting off fireworks from his body? If you live on the front range, you can still find a room and if you are interested in real estate I will be in town too to show you around.

Several articles about Winter Carnival linked on my website.

I hope to see you around town!

As the snow falls, so do the prices! Great opportunities cropping up every week. My favorite, “Over the Edge” is still on the market. Steamboat’s most unique ski-in ski-out property listed at $7.995 million. Boulder Ridge lots available as low as $379k. Incredible views located off Fish Creek Falls Rd.  Charming home with acreage for under $1million, located on Angler’s Drive (one of my favorite spots in Steamboat!) Condos under $200k! Winter Carnival and Olympic send-off fast approaching so make plans. We should have some great snow for your visit. To get a jump start on the Steamboat real estate market send me an email and we can get started. angela@yoursteamboathome.com

Real Estate transactions for Jan. 19 to 21, 2010

http://www2.steamboatpilot.com/news/2010/jan/24/real-estate-transactions-jan-19-21-2010/

 Winter Carnival 2.5 weeks away!

Good news to report on the higher end sales in Steamboat. There were 3 Edgemont condos that closed ranging from $1.632-2.564m as well as another One Steamboat Place 1/8th fractional for $605k. These closing illustrate the demand for slopeside luxury and since Steamboat has a fairly small footprint of slopeside opportunities, these are experiencing some healthy interest.

Speaking of slopeside properties, the top pick in my mind is still available for $7.995m. Over the Edge is a property to be seen!

Pending sales include a fair amount of condos ranging from $125k-300+ as buyers see the opportunity to get into the Steamboat market with declining list prices and hints of interest rate increase on the horizon.

If you’re coming here for a visit and want to check out some properties, give me a call 970.819.4897 or email angela@yoursteamboathome.com

Articles from the local paper:

Porches breaks ground on new luxury duplex 

http://www2.steamboatpilot.com/news/2010/jan/17/porches-breaks-ground-new-luxury-duplex/

 Real estate transactions for Jan. 8 to 14 

http://www2.steamboatpilot.com/news/2010/jan/17/real-estate-transactions-jan-8-14/

Mainstreet closed…snow brought in…kid being pulled on skis by a real horse! Giddy Up…SO MUCH FUN!

Looking for something fun to do Feb 3-7th then get your plans in order to visit Steamboat. On top of the most fun you’ll ever have in small town with Winter Carnival, there is going to be a hometown Olympic send-off on Friday the 5th!

While you’re here, check out the real estate. I will definitely be in town, so let me know ahead of time and we can search for Your Steamboat Home! angela@yoursteamboathome.com

Olympic send-off planned for Feb. 5

http://www2.steamboatpilot.com/news/2010/jan/14/olympic-send-planned-feb-5/

  Winter Carnival Info

A few good articles in the local paper about what is going on in Steamboat. Showings are definitely on the increase, first time homebuyers getting in gear to take advantage of tax credit, predictions that interest rates are going up has folks checking out the scenery. We now have the ability to do property searches for short sales, foreclosures and bank-owned properties more easily than before. There are some fabulous opportunities here. Call me or email me and we can get started. angela@yoursteamboathome.com 970.819.4897

Real estate transactions for Jan. 4 to Jan. 7, 2010 

http://www2.steamboatpilot.com/news/2010/jan/10/real-estate-transactions-jan-4-jan-7-2010/

1st guests check in Saturday at One Steamboat Place 

http://www2.steamboatpilot.com/news/2010/jan/10/1st-guests-check-saturday-one-steamboat-place/

 Promenade taking shape for spring 

http://www2.steamboatpilot.com/news/2009/dec/20/promenade-taking-shape-spring/

This doesn’t have much to do with real estate, other than this is just one thing you might expect if you live in Steamboat! It was disclosed that there was a moose in the area, so of course with caution (because they can be super aggressive) a moose hunt ensued. After a short while, the subject was spotted. Big cow laying down eating her curds and whey…then after some disruption from neighborhood dog and snowplow she stood up! Decided for a last chance photo op and then left her alone because she was large and I have many friends that have been charged. Not interested in starting out the new year that way!

Snow is falling…real estate opportunities abound…and occasional wildlife viewing!

Happy New Year!

angela@yoursteamboathome.com