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Eliese Pivarnik, Colorado Group Realty, RSPS, Steamboat Springs Real Estate

Hayden, CO Real Estate Information - Summer 2008

Hayden, Colorado is one of the more active real estate markets in Routt County. Here are 5 reasons people are buying in Hayden, Colorado. Since June 1st, there are currently three active listings for single family homes. Two more have sold, and four are pending.

The sold prices for Hayden single family homes are either at asking price or above. Hayden isn't experiencing the buyers market the rest of Routt County is experiencing.

Call me for details on the Hayden or Steamboat Springs real estate market at (970) 819-6372 or contact me here.

Hayden Single Family Homes--June 1-Sept 15, 2008

RESIDENTIAL - Active

RESIDENTIAL Summary Statistics

High

Low

Average

Median

LP:

$575,000

$279,900

$352,043

$326,900

SP:

$340,000

$311,797

$325,898

$325,898

Develop

ADDRESS

Ask Price

BR

Tot Sq Ft

DOM

LP

$/Tot Sq Ft

SP

$/Tot Sq Ft

Golden Meadows Hayden

Clover Circle

$334,595

Four

2080

64

$334,595

Hayden

Dry Creek South Road

$399,000

Three

1920

64

$399,000

Other

County Road 37

$575,000

Five

2896

83

$575,000

Total Listings

Avg

Avg

Avg

Avg

Avg

3

70

$436,198

$189

RESIDENTIAL - Sold

Develop

ADDRESS

Ask Price

BR

Tot Sq Ft

DOM

LP

$/Tot Sq Ft

SP

$/Tot Sq Ft

Sagewood Development

Honeysuckle Dr.

$296,000

Three

0

355

$296,000

$311,797

Sagewood Development

Sunflower Drive

$345,000

Three

1507

57

$345,000

$228.93

$340,000

$225.61

Total Listings

Avg

Avg

Avg

Avg

Avg

2

206

$320,500

$228

$325,898

$225

RESIDENTIAL - Pending

Develop

ADDRESS

Ask Price

BR

Tot Sq Ft

DOM

LP

$/Tot Sq Ft

SP

$/Tot Sq Ft

Sagewood Development

Honeysuckle Drive

$279,900

Three

1132

199

$279,900

$247.26

Hayden

S Poplar

$287,000

Four

1889

90

$287,000

$151.93

Sagewood Development

Honeysuckle Dr.

$325,000

Three Plus

1654

134

$325,000

$196.49

Yampa View Estates

Harvest Drive

$326,900

Three

1942

67

$326,900

$168.33

Total Listings

Avg

Avg

Avg

Avg

Avg

4

122

$304,700

$191

Steamboat Springs Real Estate TWO Weeks in Review –September 1-14, 2008

For the first two weeks in September, 16 Steamboat properties sold and 16 went under contract. The list-to-sold price still averages 95%, so we’re still not seeing the huge price drops other areas of the country (like California and Florida) are seeing.

There are deals out there if you know how and where to look. (Tip: Use a good Realtor.) But many Sellers are still turning away low offers, choosing to wait for their asking price or wait until the Steamboat real estate market continues to appreciate.

Some areas remain strong, especially Hayden single family homes and higher end luxury homes. One buyer group taking advantage of the Steamboat buyers’ market are trade-up buyers. Second homeowners who purchased a place in Steamboat several years ago are using the softened market to purchase luxury duplexes or luxury single family homes. They want more space or fewer neighbors and are finding they can get a nicer place and save money while doing it.

Even though their first place may not be worth as much as it was last summer, buyers are finding the difference in price in the more expensive unit to be worth it to trade up.

Credit is also out there for buyers with a credit score above 720. Wells Fargo, for example, is funding their own jumbo loans and as a result can get Steamboat primary- or second-home loans at rates between 5.875%-6.875%. Of course, these rates can change several times a day, so call for current results.

Here are the details for the last two weeks’ real estate transactions. Call me at (970) 819-6372 if you would like more Steamboat market information or more details on these properties.

Steamboat Springs Real Estate TWO Weeks in Review-September 1-14, 2008

Steamboat Springs RESIDENTIAL Real Estate- Sold

Steamboat Springs Multi-Class Summary Statistics

High

Low

Average

Median

List Price:

$4,250,000

$39,900

$632,052

$337,000

Sold Price:

$4,150,000

$155,500

$705,026

$360,000

Develop ADDRESS Bed

Rooms

List Price Sold Price $/Tot Sq Ft
Steamboat Fractional Ownership

Grand Summit Resort Hotel (The Grand)

2300 Mt. Werner Cir,

(Penthouse unit)

Three $167,500 $163,000 $73.13
Stagecoach, Colorado Condos

Wagon Wheel Condos

RCR 16 Two $195,000 $195,000 $225.69
Craig, Colorado Single family Barclay St. Three $214,500 $200,000 $115.74
Hayden, Colorado Single Family TBD 2nd Street Four $249,900 $243,000 $144.64
Steamboat Springs Condos

Pines Condo

Ore House Plaza One $284,000 $269,000 $400.30
Stagecoach, Colorado Townhomes

Eagles Nest Townhomes @ Stagecoach

Sagebrush Trl Three $295,000 $290,000 $197.95
Steamboat Springs Mountain Condos

Powder Ridge Condo

Columbine Drive Three $350,000 $320,000 $298.51
Steamboat Springs Mountain Condo

Sunray Meadows Condos

Columbine Drive Two $389,900 $360,000 $346.15
Stagecoach, Colorado Single Family

Meadow Green Stagecoach

Ormega Way Three $385,000 $380,000 $217.02
Oak Creek, Colorado

Single Family home

James St Three $450,000 $405,000 $416.67
Oak Creek Colorado

Sierra View Subdivision

Oak Ridge Circle Three $427,000 $410,000 $163.87
Steamboat Mountain Condos

Canyon Creek Condos

2720 Eagleridge Dr. Three $777,000 $715,000 $498.26
North Routt Single Family

RedCreek Subdivision

BUTTON WILLOW DR Four $925,000 $900,000 $291.07
Fish Creek Area Townhome 1250 Harwig Circle Four Plus $999,900 $954,950 $276.08
Steamboat Luxury Home

Sanctuary Subdivision

3122 Aspen Wood Lane Four $2,095,000 $1,875,000 $522.58
Steamboat Luxury Homes

Timbers Preserve Subdivision

Preserve Drive North Five Plus $4,250,000 $4,150,000 $607.70
Total Listings Avg Avg Avg
16 $778,418 $739,371 $299

Steamboat Springs RESIDENTIAL Real Estate - Pending

Develop ADDRESS BR LP $/Tot Sq Ft
Grand Fractional Ownership

Grand Summit Resort Hotel (The Grand)

2300 Mt. Werner Cricle Two $129,900 $109.16
Craig, Colorado

Single Family Home

Cedar Circle Three $210,000 $138.89
Oak Creek Single Family Home W Nancy Crawford Three $217,500 $200.65
Steamboat Mountain Condos

Shadow Run Condos

Whistler Road Two $229,000 $272.29
Steamboat Duplex

Riverside Subd

Riverside Drive Two $279,000 $387.50
Steamboat Mountain Condos

Shadow Run Condos

Shadow Run Frontage Two $315,000 $374.55
Hayden, CO single family

Sagewood Development

Honeysuckle Dr. Three Plus $325,000 $196.49
Steamboat Mountain Condo

Creekside Condo

Creekbank Ct Two $335,000 $296.72
Steamboat Mountain Condo

Yampa View Condo

Longthong Two $339,000 $344.16
Steamboat Mountain Condo

Timber Run Cond

Walton Creek Rd Three Plus $525,000 $324.27
Steamboat Townhome

Willet Ridge Subdivision

Locust Court Three $535,000 $353.84
Steamboat Townhome

Sleepy Hollow

Sleepy Hollow Lane Three $669,000 $341.85
Steamboat Springs Single Family

Silverview Estates

Winchester Trail Three $695,000 $272.87
Steamboat Single Family

Willett Ridge Subdivision

Lupine Dr. Three $808,000 $348.28
Waterside Village Condominiums Yampa St. Two $895,000 $614.70
Jackson County Farm/Ranch JCR 1 Four $3,990,000 $2,078.13
Total Listings Avg Avg
16 $656,025 $415

CMA Summary Report

Steamboat Springs LAND - Pending

High

Low

Average

Median

List Price:

$4,250,000

$129,900

$717,221

$367,500

Sold Price:

$4,150,000

$163,000

$739,371

$370,000

Acres # Acre $ Legal Desc DOM LP
0.46 $86,739 Steamboat Lakes Subd Filing 2 136 $39,900
0.18 $416,667 Oak Creek vacant lot 114 $75,000
0.18 $416,667 Oak Creek vacant lot 114 $75,000
0.40 $347,500 Hahn’s Peak Village Subdivision 173 $139,000
Avg Avg
134 $82,225

S

Steamboat Grand Fractional Ownership

Fractional ownership at the Steamboat Grand continues to sell in the softened Steamboat real estate market. The Grand is purchased by second home owners who want to have a 4 star place to stay at a "fraction" of the price ofwhole ownership and by locals who like the covered parking near the slopes, on-site ski storage, owners lounge, and fabulous pool area.

There are 20 places currently available at the Grand with different floorplans and calendars. The prices depend on:

  • the floorplan,
  • the view,
  • the calendar--ones that include the 2008 Christmas week tend to be more,
  • owner motivation to sell.

If you would like more information on the Steamboat Grand (including floorplans, calendars, or HOA info) or other Steamboat Springs fractional properties, please call me at (970) 819-6372 or email me.

Steamboat Grand Fractionals—What’s Available, Under Contract, and Sold from May 1-September 15, 2008

Steamboat Springs Grand Fractional Ownership Active Listings

Steamboat Grand Fractional (1/8th or 1/4th)

Bedrooms

Sq Ft

Days On Mkt.

List Price

Steamboat Grand Fractional Ownership 1/8th

One

779

101

$54,900

Steamboat Grand Fractional Ownership 1/8th

One

797

117

$58,000

Steamboat Grand Fractional Ownership 1/8th

One

1150

16

$58,900

Steamboat Grand Fractional Ownership 1/8th

One

1150

16

$58,900

Steamboat Grand Fractional Ownership 1/8th

One

779

129

$59,900

Steamboat Grand Fractional Ownership 1/8th

One

1150

103

$64,900

Steamboat Grand Fractional Ownership 1/8th

One

980

47

$68,500

Steamboat Grand Fractional Ownership 1/8th

Two

1190

103

$76,500

Steamboat Grand Fractional Ownership 1/4th

Studio

392

75

$80,000

Steamboat Grand Fractional Ownership 1/8th

Two

1327

28

$84,500

Steamboat Grand Fractional Ownership 1/8th

Two

1369

28

$87,500

Steamboat Grand Fractional Ownership 1/8th

Two

1383

20

$89,000

Steamboat Grand Fractional Ownership 1/4th

One

771

46

$95,000

Steamboat Grand Fractional Ownership 1/4th

One

771

54

$96,000

Steamboat Grand Fractional Ownership 1/4th

Two

1089

75

$141,000

Steamboat Grand Fractional Ownership 1/4th

Two

1219

54

$144,900

Steamboat Grand Fractional Ownership 1/4th

Two

1190