Steamboat Luxury Home Sales in February, 2010

Foreclosures dominated Steamboat luxury home sales in February, 2010.  Of the seven Steamboat Springs homes that sold above $900,000, 4 of them were bank-owned, foreclosures, or FDIC owned properties.  Buyers are looking for deals, and these distressed properties represent some of the best values in Steamboat.

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Steamboat Luxury Real Estate – What Sold

Bedrms	Development	ADDRESS	List Price	Sold Price	$/Tot Sq Ft
Five	Ski Ranches Subdivision—Steamboat Foreclosure (FDIC Owned)	2660 Alpenglow Way	$1,199,000	$935,100	$177.20
Three	The Victoria, Downtown Steamboat Luxury Condos	941 Lincoln Ave.	$1,650,000	$1,031,600	$400.00
Four Plus	Fairview Add Ss	424 Fairview Dr.	$1,297,500	$1,100,000	$301.70
Four	Fairway Meadows Steamboat Foreclosure/REO	1727 River Queen Ln	$1,199,900	$1,115,000	$292.57
Six	Ski Ranches Subdivision—Steamboat Foreclosure (FDIC Owned)	2662 Alpenglow Way	$1,299,000	$1,200,000	$219.46
Five Plus	Dakota Ridge Subdivision—Bank Owned Property	31605 Aspen Ridge Road	$1,695,000	$1,250,000	$203.82
Four	Anglers Ridge	798 Anglers Court	$1,795,000	$1,680,000	$485.41
		Total Listings	Avg	Avg	Avg
		7	$1,447,914	$1,187,385	$297

Steamboat Luxury Real Estate – Pending Sales

Bedrms	Development	ADDRESS	LP	$/Tot Sq Ft
Four	Hunters Glen—Steamboat MountainArea	1617 Red Hawk Court	$900,000	$239.17
Five	Waterstone @ Eagle Ridge Townhome	2699 E Eagleridge Lane	$1,095,000	$423.76
Five Plus	North Meadows Subdivision—Steamboat foreclosure	1865 Montview Ct	$1,200,000	$154.14
Four	Old Town Steamboat Springs	14 Logan Ave	$1,295,000	$343.50
Three Plus	Metes & Bounds	38000 Saddle Mountain Circle	$1,395,000	$529.61
Three Plus	Strawberry Park Area	43380 Elk Park Trail	$1,499,999	$464.11
Three	Anglers Retreat	641 Creel Lane	$1,710,000	$613.34
Five	The Sanctuary	3193 Aspen Wood Dr.	$2,195,000	$450.63
		Total Listings	Avg	Avg
		8	$1,411,249	$402