Steamboat Springs Real Estate News and Much More!

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

 

April 16, 2018

Catamount Trial Memberships

For all of you golf and water fans, Catamount Ranch and Club is offering a limited amount of trial memberships this year.  If you've been on the fence about joining the golf club or lake club, now's the time to test it out. 

Below are additional details on the trial memberships from Catamount:

We are gearing up for the summer season! If you have clients that might be interested in membership, please let me know.  We have 3 trial membership options available:

1.  Full Golf/Lake unrestricted membership: 

• Unrestricted usage at golf and lake properties.

• No initiation fee. Must pay full dues and minimums. Annual 2018 dues: $11,200.  Annual spending minimums for those 45 and older: $1,600

• May play in all golf tournaments.

• For calendar year only: Trial membership ends on December 31, 2018.

 

2.  Restricted Golf ONLY membership (20 available): 

• Unlimited golf from opening day through Father’s Day; and from Tuesday after Labor Day through closing day.  All other times: play after 2pm. Use of Practice Facility: 1pm or later.

• No initiation fee during trial period: ½ annual golf dues = $5,600; ½ annual golf minimum = $800.

• Cannot participate in golf tournaments. 

• May participate in Ladies or Men’s days prior to Father’s Day only.

• May participate in social golf events if event begins after 2pm.

• For calendar year only: Restricted trail membership ends on December 31, 2018. 

• No Lake amenities/usage.

 

3.  Lake ONLY trial membership (limited inventory):

• Includes unrestricted access to lake amenities. No golf privileges.

• No initiation fee.  Must pay full dues and minimums. 2018 annual dues are $5,350; 2018 annual spending minimum is $800.

• For calendar year only: Trial membership ends on December 31, 2018.

At the end of the year, there will be a 45 day conversion period where a trial member can decide to convert to a full membership. If they decide to convert, they will receive a $5,000 credit towards the initiation fee of a full golf membership or a $1,500 credit towards a lake membership.  Or they can choose not be a club member and walk away.

If you have interest in any of these options, please let me know and I will connect you with the Club. For more information on the amenities of the club check out their website.

Happy Spring!

Angela 

Live. Play. Own.

  

Posted in Community
April 16, 2018

Steamboat Real Estate Sales April 6-12

As ski season wrapped up this weekend with some fresh powder and on-mountain shenanigans Routt county real estate wrapped up with close to $15mm in sales. For a full list of transactions click here.

Closing day at the base area...just a few peeps gathered for music and fun!

 

Posted in Local Real Estate
March 23, 2018

February Market Statistics-Steamboat Springs, Routt County

As ski season winds up for this year, we are seeing an increase in activity during March spring break season. February was a little slower compared to January, but based on activity in our MLS, we are seeing a surge in activity. Inventory continues to be slim on single family homes in the $400-600k range, so if you are pondering a real estate change...now is the time! As building season nears, if you are considering a lot/land purchase it would be wise to jump on the available inventory and get your architects and builders lined up because they are super busy. 

Melissa Gibson reports on February real estate sales "February saw $34.5M in gross sales volume - a decrease of -24.32% from 2017.  There were 69 transactions in February, down -33% from January 2017.  Year to Date we are down -1.8% in Gross Volume and -11.05% in transactions.  We definitely feel things picking up, so hopefully March numbers will put us back on track. There were 7 upper end sales in February and 2 New Unit Sales. There were a total of 91 loans in February 2018. 58% of purchasers closed with financing at the time of sale while 42% closed with cash." 

For a full report Click Here

Live. Play. Own.

 

Posted in Local Real Estate
Oct. 31, 2017

Happy Halloween and Here's a Market Update-Steamboat Springs

It's that time of the year again, when all of the local goblins dress up and attend the Halloween stroll downtown. Where else can you go, where they close down a highway in order to celebrate Halloween? This event is for kids of all ages and this town has some serious creativity when it comes to clever costumes. Even if you don't dress up, it is super fun to attend.

In real estate news, September was an active month especially for the higher-end sales. Melissa Gibson from Land Title reports:"September was another great month in Routt county with 179 Transactions and $92.6M in Gross Volume.  That is the 3rd largest Gross Sales Volume month we have seen in 9 years!  Attributing to those numbers were 23 sales over $1M!   It is great to see all those upper-end transactions since that part of the market was a bit soft over the summer.

Total sales volume was up by +15% compared to last September, with the YTD. at +21.63%.  Transactions were also up by +1.74% compared to last September, with the YTD. at +7.63%.

Snapshot values are as follows:
Average Price:
Single Family: -2%
Multifamily: +14%
Vacant Land: +51%

There were a total of 166 DOT recordings in September, with 59% of purchasers closing with financing at the time of sale, and with 41% closing with cash.
New Unit Sales were up with 5 in September, compared to 2 August.  Upper End Sales were significantly up with 23 in September compared to 10 in August."

For a full report click here.

Cheers and have fun out there!

 

Live. Play. Own.

 

July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
May 11, 2017

Sneak Peak - Ore House