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Welcome to The Paoli Group Market Update
Our examination of the Steamboat Springs real estate market.
The Paoli Group Website | The Paoli Group Blog | Members
April reported the highest sales volume and units sold for 2009 in Routt County with over $27 million dollars worth of sales and 38 units sold. Selection is high, interest rates continue to stay low (despite an increase in the last 3 weeks) and adjusted prices are bringing buyers and sellers to the closing table.
Living in a resort town we can see the underwriting standards tighten dramatically. But financing is readily available for qualified buyers, and we are seeing more private financing opportunities from sellers.
Real estate activity has picked up and so has development. One Steamboat Place, Edgemont and Trailhead Lodge continue to show impressive progress. The planning commission approved an increase in allowable height from 67 feet to 105 feet for the developments at the base of the Steamboat Ski Area. The Steamboat Highlands to be developed on Burgess Creek Road won a zoning approval allowing for the city’s second-highest-density resort area designation. The taller, denser base area is expected to increase vitality.
As we enter the summer season, both buyers and sellers express eager anticipation. July and August will set the pace for the year. Already this spring, more potential buyers have contacted Colorado Group about opportunities in the area. Lower prices and positive economic signs are promoting sound interest and activity.
We also want to remind you that we have been updating our proprietary web page. We are identifying the “best buys” in the market—properties we feel have highly motivated sellers. Many of the properties on our list have been sold recently. To check it out online click on www.thepaoligroup.com, click on Resources, and click on Client Login. Next, enter your username and password. If you need a new password or forgot your old one, please send us an email and we can get you set up immediately.
Give us a call or send us an email.
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March 2009 Market Analysis for Routt County
Market Comparison Charts
There are 6 separate PDF files.
(click the titles to view pdfs)
1. Routt Market = Volume versus Units sold (included numbers back to 2004).
2. Routt Chart = Market Comparison Chart. click here
3. Routt Area = Sales by Area (including a running tally from the beginning of 2009).
4. Routt Interval = Interval Breakdown (including a running tally from the beginning of 2009).
5. Routt Price = Price Points (including a running tally from the beginning of 2009).
6. Routt Lender = Top Lenders for the Month (when a Deed of Trust is recorded, we take the actual name of the financial institution that was on that Deed and come up with those numbers).
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Featured Properties
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Aspenwood Cir.
Great single family lot in on very private Aspenwood Cir. located in the Sanctuary neighborhood. Flat lot with trees. Backs up to hiking/cross country ski trails and fish creek.
#125847
Click here to view property
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Stonebridge Subdivision
Great lot located in the Stonebridge Subdivision. This is one of only 9 lots located within an exclusive gated community. Surrounded by $4 to $7 million dollar homes. Enjoy a quick walk to the Rollingstone Ranch Golf Course clubhouse, cross country ski trails (Lot 7 touches the cross county and snowshoe trail) and views of the Steamboat Ski Area. All located between Steamboat Ski Area and downtown Steamboat.
#125553
Click here to view property
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Single Family Home
Motivated Seller. Bring all offers for this great building lot on a cul-de-sac in the Sanctuary subdivision. Perfect for a family. Nice yard potential, with mature trees. Lot comes with plans for a 5,000+ sqft home.
#125565
Click here to view property
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Chateau Saisons
Steamboat Springs premier estate property is set on 53 acres behind private gates on a secluded mountaintop with views of the Steamboat Ski area. With seven bedrooms, five with en suite bath, as well as a detached guest house, you'll never run out of room for family or guests. The majestic master suite features a stone fireplace, an executive office, a fitness room and a balcony with views of the lake and surrounding mountains. Watch a movie floating in the indoor pool, or go to the amazing professional theater with a star ceiling and curved screen. Outside, enjoy 8000 sq ft of stone patios, including a covered stone deck with fireplace, an exotic water garden, fountains, 2 hot tubs and a sauna.
#125199
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Windemere Ranch
Windemere Ranch is truly a unique property, with 352 acres, Windemere Lake and a pond only 9 miles to downtown Steamboat. It has been master planned for the ultimate family retreat. Extensive fencing and a riding arena were added to create a horse enthusiasts dream. To preserve the natural perfection of Lake Windemere and the ranch, the property was placed in the Exclusive Nature Conservancy conservation easement.
#122260
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Lot 52 Sanctuary Subdivision
Motivated Seller. Bring all offers for this great building lot on a cul-de-sac in the Sanctuary subdivision. Perfect for a family. Nice yard potential, with mature trees. Lot comes with plans for a 5,000+ sqft home.
#123067
Click here to view property
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Sanctuary Subdivision
Exceptional vacant lot in the Sanctuary subdivision. Located in an aspen grove with incredible views of Steamboat Ski area, Emerald Mountain and the Flattops. This lot is very private, with great sun exposure on Heavenly View Drive.
#124376
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Development Parcel - Highway 40
Great development parcel with Highway 40 frontage. Excellent location and all usable land.
#122489
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Close To Town
Beautiful, secluded, heavily wooded 7.63 acre lot with pond. Build your dream home in this private, nature sanctuary close to town.
#124859
Click here to view property
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Beautiful 270 Degree Views
Beautiful 270 degree views from this exceptional building lot. Owners bunkhouse and excellent equestrian facilities. 1200 acre open space preserve with trails for owners recreational use. Only 7 miles to Steamboat Ski area
#124052
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Single Family Home
A must see if you are looking for a single family home. Built by one of Steamboats best custom home builders and located in a very private, well maintained cul-de-sac
#125153
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Fish Creek Land
Build your dream home (single family or duplex) in this fantastic family neighborhood. Stroll down Old Fish Creek Falls Trail to all the amenities of downtown. Enjoy amazing sunsets and beautiful views of Buffalo Pass, Strawberry Park and Sleeping Giant.
#124206
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Grand Summit Resort Hotel
Larger Clydesdale, 1 bedroom, 2 bath. Enjoy all the amenities, parking, ski storage, fitness center, pool, owner's clubs
#124126
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Chris Paoli
Owner/Broker
Cell 970.819.1432
chris@mybrokers.com
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