May-17-2009

Welcome to The Paoli Group Market Update

Our examination of the Steamboat Springs real estate market.

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It’s summer time in Steamboat Springs, the perfect season to explore the outdoors. The rivers are primed for kayaking, tubing, rafting and fishing. The trails are in excellent condition for mountain biking, hiking and trail running. The golf courses, gondola and Alpine Slide are open and being enjoyed by many. If you like to compete, Steamboat offers a Running Race Series, Mountain Bike Race Series and Triathlon to name a few. Steamboat has a full calendar of events to consider. Some of the highlights are the Mainstreet Farmers Market, Free Music on the Green at the Yampa River Botanic Park, Free Summer Concert Series, Pro Rodeo Series, Strings Music Festival, Art on the Mountain, First Friday Art Walk, Luxury Home Tour, Parade of Homes, Wine Festival, etc. For our local readers, you may have already taken advantage of the Fourth of July Celebration and Parade, Art in the Park and Hot Air Balloon Rodeo to name a few. For our out of town readers, if you are planning a trip to Steamboat and need any information about lodging, restaurants , shopping, spas, camping, hiking, horseback riding, etc. or any of the above activities please let us know.

We are looking forward to seeing you out and about or if you want to go biking, golfing, etc. Give us a call or send us an email to make a plan. Have fun and enjoy!

Some websites to check out:

www.steamboat-chamber.com
www.steamboatsprings.net
www.steamboatrunningseries.com
www.steamboatwinefestival.com
www.steamboatprorodeo.com
www.stringsinthemountain.org

Give us a call or send us an email.

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May 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).

There are no sales over $2.5M to note for May.

The two highest sales are:

5/5/09: $1,600,000 Metes & Bounds in Steamboat Town area @ 635 Yampa Street which is a commercial building of 2,135 SF built in 1967 on .07 AC

5/18/09: $1,620,000 Metes & Bounds in Sec 27-7-84 which is a vacant parcel containing 40.67 acres

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Featured Properties

Sleepy Hollow Home

Local developer's personal home bordering large protected green space with Aspen Grove. 3 bdrm 4 1/2 bath plus large loft. Total privacy in very sunny and bright end unit. Entran heated Hickory floors. Custom paint. Surround sound on every floor. Two floor to ceiling rock fireplaces incl. one in the master.

#125938

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The Fish Creek House

A brand new Mountain Contemporary luxury home overlooking Fish Creek in The Sanctuary. This environmentally friendly 5 bedroom plus office/flex-room, 5.5 bathroom and oversized 3 car garage home maximizes the Steamboat indoor/outdoor lifestyle with a design that features a Nana Wall window, double doors, enormous custom windows and over a thousand feet of Trex deck space with an outdoor wood burning fireplace.

#125842

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Aspenwood Circle

Great single family lot on very private Aspenwood Circle located in the Sanctuary neighborhood. Flat lot with trees. Backs up to hiking/cross country ski trails and Fish Creek.

#125847

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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

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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+ sq ft home.

#125565

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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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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

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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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