Weather Data Source: 30 days weather Virginia Beach

News Summary

Steamboat Springs recorded a significant week for real estate, totaling approximately $22.8 million in 16 transactions. High-value sales included luxurious homes and townhomes, illustrating a robust demand in the market. Notable transactions featured properties like 1511 Harwig Circle and 1280 Clubhouse Drive, both fetching impressive prices that reflect increased interest in upscale residences. The report showcases ongoing investment and confidence in the local real estate sector, driven by a diverse range of property types from luxurious homes to resort condominiums.

Steamboat Springs Reports $22.8 Million in Real Estate Transactions from July 17 to 23, 2025

Steamboat Springs recorded a significant week of real estate activity, with total transactions reaching nearly $22.83 million across 16 property sales during the week of July 17 through July 23, 2025. The city saw a broad range of property types changing hands, from luxury homes and townhomes to vacant land and condominium interests.

Notable Property Sales and Price Changes

High-Value Residential Transactions

The most expensive sale of the week involved a single-family home at 1280 Clubhouse Drive. The property, a 3,560-square-foot residence with three bedrooms and three and a half bathrooms, sold for $3,850,000. Its previous sale was in 2020 for $1,790,000, indicating a notable increase in market value.

Another significant transaction was the sale of a newer townhome at 27050 Beaver Canyon Drive in Clark. The 5.51-acre property was sold for $200,000, representing the transfer of vacant land, which highlights ongoing development interest in the area.

A luxury residence on 1511 Harwig Circle changed hands for $3.2 million. The four-bedroom, 3.5-bath home spans 2,800 square feet on a third of an acre and was last sold in 2014 for only $225,000, reflecting significant appreciation over 11 years.

Townhomes and Condominiums

Multiple townhomes contributed to the week’s totals, with notable sales including the property at 620 Parkview Drive. The 1,795-square-foot, three-bedroom, two-and-a-half-bath townhome was sold for $1.16 million, up from its 2022 sale price of $900,000.

Similarly, at 31575 Runaway Place, a four-bedroom, three-bath townhome with nearly 2,000 square feet sold for $1.35 million, well above its 2006 sale price of $558,000. Properties like 2743 Timber Court and 281 Locust Court also saw sales at $1.65 million and $2.3 million respectively, indicating strong demand for larger townhomes.

Additional Noteworthy Transfers

In the residential sector, the sale of a smaller 1,200-square-foot townhome at 1330 Blue Sage Drive for $932,000 signified healthy activity in the entry-level luxury market, especially considering its prior value of $440,000 in 2017.

Affluent buyers also acquired properties with scenic, rural settings, such as the land at 26650 Aspen Court, Clark, which sold for $258,000.

The week concluded with significant transactions in the delete categories, like the interest in Unit 455/456 at Steamboat Grand Resort Hotel Condominium, which was sold for a modest $110,000.

Summary of Market Trends

The total sales volume for this period amounted to approximately $22.73 million. These transactions reflect a dynamic real estate market, characterized by strong demand for both luxury properties and land, alongside appreciation in property values for existing homes. The data indicates ongoing confidence among buyers in the Steamboat Springs area, supported by diverse property types and price ranges.

Market Overview

Overall, Steamboat Springs continues to experience active real estate movements with notable high-end sales and steady interest in land and smaller properties. The increase in prices for many properties compared to previous years demonstrates resilience and growth within the local real estate sector.

Deeper Dive: News & Info About This Topic

HERE Resources

Additional Resources

STAFF HERE VIRGINIA BEACH WRITER
Author: STAFF HERE VIRGINIA BEACH WRITER

VIRGINIA BEACH STAFF WRITER The VIRGINIA BEACH STAFF WRITER represents the experienced team at HEREVirginiaBeach.com, your go-to source for actionable local news and information in Virginia Beach, Virginia Beach City, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Virginia Beach Neptune Festival, East Coast Surfing Championship, and the American Music Festival. Our coverage extends to key organizations like the Virginia Beach Chamber of Commerce and Visit Virginia Beach, plus leading businesses in tourism and defense that power the local economy such as the Virginia Beach Convention Center and Northrop Grumman. As part of the broader HERE network, we provide comprehensive, credible insights into Virginia's dynamic landscape.

WordPress Ads