Huge Increases in Stagecoach Single Family Home Sales

stagecoach — Thu, 17 Sep 2015 21:55:24 +0000

Sales of single family homes in Stagecoach are definitely improving. So far this year there have been 28 homes sold in Stagecoach. In comparison, there were 14 sales in 2014 between January 1st and Mid-September. That is double what had sold last year. Up until mid-September, the 2015 sales have well surpassed the sales for all of 2014 (there were 18 sales in 2014). What’s also encouraging is that the average sales price of homes has increased as well. Through September of last year, average price of a home in Stagecoach was $304,000 and this year it was $379,000.

We believe there are three reasons Stagecoach is enjoying such a great year: rising rents, market becoming a seller’s market, and the possibility of rising interest rates. There has been a buying frenzy in the lower end of the market in the Steamboat and surrounding areas. The lower-end price points up to $400K have been the biggest driver in the Steamboat market this year. As the rent costs are going up, many locals are starting to look for a place of their own. Because the inventory if properties in their price range is limited, more are turning to Stagecoach to get more for their money. Also, there is a sense of urgency from the buyers because our area is becoming more of a seller’s market. Many buyers are afraid that if they don’t act now, they may miss out on a deal and prices will only increase. Finally, the threat of rising interest rates is also a factor in the increase in sales. At lower interest rates, buyers can afford more home. Since there is a lot of talk about the interest rates possibly going up, buyers are concerned that they will be able to afford less if they delay their purchase.

To see all the available single family homes in the Stagecoach area, click here. if you’re a buyer or a seller in Stagecoach and would like to discuss your options, please give us a call at (970) 846-8284

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Stagecoach CO Real Estate Summary, 1st quarter 2009

stagecoach — Mon, 06 Apr 2009 03:49:07 +0000

Stagecoach, Colorado has seen the majority of buying and selling real estate concentrated in one neighborhood: Red Hawk Village. Since January 1, 2009, there have been three residential sales and five residential properties that went under contract. Six of the eight transactions are in Red Hawk Village.

No vacant land parcels have sold or are under contract since the last sale on Bannock Trail in Meadowgreen in August 2008.

Stagecoach has seen an increase in showing activity as prices come down with foreclosures and short sales motivating buyers to get out their check books.

First time buyers will get an $8000 tax credit if they buy a home by December 1, 2009, and USDA financing is available with zero down to qualified buyers. This is truly a good time to be purchasing a home if you plan on living in it for more than 3 years.

Here are the details for 2009:

Stagecoach Colorado Residential Real Estate–SOLD

ADDRESS	Bedrooms	Baths	Sq Ft	List Price	Sold Price
Red Hawk Village Sagebrush Circle	Three	Two	1755	$319,900	$280,000
Red Hawk Village Sagebrush Circle	Three	Three	1874	$320,000	$315,000
Lakeview Meadows Luxury Home on Stagestop Trail	Four	Three	4584	$1,300,000	$1,200,000
Total Listings				Avg	Avg
3				$646,633	$598,333

Stagecoach Colorado Residential Real Estate – PENDING

ADDRESS	Bedrooms	Baths	Sq Ft	List Price
Red Hawk Village Sagebrush Circle	Three	Three	1951	$312,500
Red Hawk Village Sagebrush Circle	Three	Three	1951	$315,000
Red Hawk Village Sagebrush Circle	Three	Three	1951	$315,000
Red Hawk Village Sagebrush Circle	Three	Three	1951	$317,000
Woodland Retreat Hideway Lane	Three	Three	2606	$600,000
Total Listings				Avg
5				$371,900

The post Stagecoach CO Real Estate Summary, 1st quarter 2009 appeared first on Stagecoach CO Real Estate.

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Huge Increases in Stagecoach Single Family Home Sales

Stagecoach CO Real Estate Summary, 1st quarter 2009