According to USA Today, “top-tier homes have lost 38% of their value since prices peaked in 2006, while prices for bottom-tier homes have dropped 63% since peaking in 2007.” Steamboat Springs luxury homes have also seen prices hold up better than entry level homes even though the luxury market represents a smaller percentage of sales compared to previous years. (A lot of entry level homes and condos with the rock-bottom prices are selling right now.) If entry level condos aren’t your idea of real estate, there are some great values for luxury real estate. And with rates the lowest they’ve been in 50 years, buyers are financing even if they don’t have to.
For the true value-seeker, Steamboat luxury foreclosures are just about gone (although who knows if we’ll see the ominous Second Wave we read about). Since 2010, all bank-owned properties over $1M have sold except for a newly listed home in Anglers Retreat.
Please call 970-819-6372 for a short list of some of the best values in Steamboat, or click here to see what’s for sale above $1,000,000.
|Development||Address||Days On Market||Status||Asking Price||Sold Price|
|Anglers Retreat||594 RETREAT PLACE||26||ACTIVE||$1,250,000|
|Fairway Meadows Subd||1727 River Queen Ln||99||SOLD||$1,199,900||$1,115,000|
|North Meadows Subd||1865 Montview Ct||55||SOLD||$1,200,000||$1,200,000|
|Anglers Ridge||693 Anglers Ct.||38||SOLD||$1,336,500||$1,340,000|
|Strawberry Park Area||32050 Pebble Run||104||SOLD||$2,100,000||$2,025,000|
|The Sanctuary||2880 Golf Stream Court||32||SOLD||$2,300,000||$2,210,000|
|Catamount Ranch LPSE||34310 Brady Trail||101||SOLD||$3,057,900||$2,999,000|
|Stonebridge Park||1624 Graystone Drive||70||SOLD||$3,875,000||$3,200,000|