Average Home Price Closes In On $1 Million

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The average price of a single-family home here increased to within $25,000 of $1 million during the first two months of 2008.
Land Title Guarantee Co. reported that Routt County and Steamboat Springs ranked third among five nearby counties affected by the resort economy.
The average single-family home price here was $975,418 during the first two months of the year. That compares to $907,835 in 2007.
Pitkin County and Aspen led the pack at $4.32 million, down from $4.64 in 2007. Garfield County and Glenwood Springs were the most affordable at $534,294. However, that number had increased by 17 percent from the first two months of 2007. Summit County also saw a substantial percentage increase in single-family home prices, up from $798,889 in 2007 to $893,026 this year. That’s nearly a 12 percent jump. The average price of a single-family home in Eagle County was $1.57 million compared to $1.42 million for the same period in 2007.
Real estate dollar volume was down across Colorado ski country during the first two months of 2008, but in some cases still substantially stronger than the first two months of 2006.
Routt County was down from the record numbers of January and February 2007, but it was still notably higher than 2006.
Land Title Guarantee Co. reports that Routt County saw gross dollar volume of $85.5 million in January of this year and $59.8 million in February. Those figures compare to $100.38 million in January 2007 and $74.8 million in February. By Tom Ross 4/20/08

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Canyon Creek B-101
Excellent location at the base of Steamboat’s ski area, just steps to the Gondola.
Features a large great room, 3 bedrooms & 3 baths, open floor plan with quality finishes, high ceiling and panoramic view. Professionally decorated and offered fully furnished.
On-site check-in, heated underground parking and elevator access.
Outdoor pool and hot tub, athletic/recreation facility and on-site shuttle.
Owners allowed pets.
Offered at $779,000.

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Located within walking distance to the slopes, this 5 bedroom post and beam unit boasts huge windows with an open entertaining floor plan. Features the master suite on the main level, a Jr. master suite, large loft overlooking the family room and a queen bedroom with a full bath. Enjoy quality finishes and outstanding craftsmanship, upscale appliances and designer decor, central air conditioning, soaring vaulted ceilings, a floor-to-ceiling stone fireplace, 2-car attached garage, and so much more.

Call (970) 846-8804 for details on this offering at $2,000,000.

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   © 2004 Peggy Wolfe