Architectural Masterpiece located in Dakota Ridge
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Hello Friends,

Our firm, Colorado Group Realty is proud to present the 4th Annual Steamboat Springs Real Estate Roundup & Expo this Thursday, November 11, 2010 from 4:00 to 6:30 p.m. at the Steamboat Grand Ballroom. The event will bring together seasoned experts to provide attendees with the most up-to-date information about the Yampa Valley’s dynamic real estate market. It is free and open to the public.

The Steamboat Springs Real Estate Roundup & Expo will feature a briefing about the real estate market in the Yampa Valley, followed by guest speaker, Karen Mayfield of Bank of the West. Karen is the Senior Vice President and National Sales Manager of the Mortgage Banking Division there. Her presentation is titled “Lending in Today’s Environment.” In addition, the Expo will offer attendees the chance to meet and exchange information with over 30 local banks, designers, title companies, developers, and housing product and service specialists.

The Expo will run from 4:00 p.m. to 5:30 p.m. A real estate update followed by the guest speaker will begin at 5:30 and end at 6:30 p.m. We will have a booth with lots of real estate information including our new listing of the Clock Tower/Ski Time Square base area redevelopment opportunity.

We hope to see you there!
Chris and Amy


Highlights for the month of September:
Click here to view Market Analysis pdf.
  • Sales Volume for the month was $50,689,800 becoming the second best for 2010!

  • That represents a 186% increase over last September 2009.

  • Units sold were 212 this represents a 246% increase over the 86 sold last September 2009.

  • The Mountain Area had the most sales with 27 units sold and highest volume of $12,694,900.

  • The Downtown Area had $7,461,000 in sales with an average transaction price of $1,492,200.

  • September 2010 had 12 bank sales totaling $6,616,700 in Gross volume or an average price of $551,392 per unit.

  • Year to Date 2010 Routt County had 48 bank sales totaling $26,549,100 or $553,106 per unit.

  • This accounts for 6.82% of the overall gross volume in sales Year-to-Date 2010.
Notable sales over $1.5M:
  • 9/22/2010 $4,945,000 Riverfront Park #3 Commercial Condo Units 22,23,24,25,26 & 27, Riverfront Park #2 Future Expansion Parcel & Moos Subd Lot 3: These parcels encompass a commercial mixed use building divided into several condo units, a vacant commercial site, and another parcel housing a commercial building used for garage/service use. Total commercial improved SF = 32,619.

  • 9/16/2010 $2,999,000 Catamount Ranch Subd Lot 6 – 34310 Brady Trail – 6 Brm 6.5 Bath – YOC 2004 – 8,192 SF Living Area on 8.44 AC.

  • 9/24/2010 $2,245,000 Mountain View Estates Subd #3 Lot 19 – 0657 Meadowbrook Circle – 5 Brm 5.5 Bath – YOC 1998 – 4,917 SF Living Area on .56 AC.

  • 9/1/2010 $1,626,800 Edgemont Condo Unit 2707 – 2410 Ski Trail Lane – 3 Brm 3 Bath – YOC 2009 – 1,756 SF Living Area. This is a new construction sale.

  • 9/10/2010 $1,585,000 River Bank Ranches Subd Lot 4 – 37.98 AC Vacant Land along Yampa River – 24775 US Highway #40
Analysis provided by: Bruce Carta of Land Title Guarantee Company

Chris Paoli
Owner/Broker
Cell 970.819.1432
chris@mybrokers.com

Amy Brown
Broker Associate
Colorado Group Realty, LLC
Cell 970.846.2114
Fax 970.870.2803
amybrown@mybrokers.com


www.steamboat-springs-developments.com


The Paoli Group Blog: www.steamboatcoloradorealestate.blogspot.com


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