On the Market: Showings pick up for the month of June

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Steamboat Homefinder

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Prudential Steamboat Realty reports on its blog that although sales remain substantially below recent years, showings in June were on par with June 2008.

According to Prudential, there were 37 sales for the month, well below normal, and the closings were one-third of the sales from last year at this time.

Prudential's Realtors say they are seeing sales occur at all price ranges in all areas, but all sales consisted of properties that were priced very aggressively.

Sales

Single Family Homes

June '08: 19

June '09: 8

Condos/Townhomes

June '08: 27

June '09: 15

Median Price

Single Family Homes

June '08: $610,000

June '09: $312,500

Condos/Townhomes

June '08: $440,000

June '09: $480,000

Average Days on Market

Single Family Homes

June '08: 149

June '09: 223

Condos/Townhomes

June '08: 103

June '09: 204

7 condominiums in short sales at Sunray

Eliese Pivarnik, of Colorado Group Realty, is reporting that there are seven Sunray Meadows condominiums available on short sale by the lenders holding the deeds. Prices range from $285,000 to $312,000 for two-bedroom, two-bath units, and $319,000 to $329,000 for three-bedroom units. The larger condos sold for as much as $485,000 in December 2007.

Aspen house sells for $43M in cash deal

Reporter Scott Condon, of The Aspen Times, reported July 10 that a 21,477-square-foot home on Red Mountain overlooking the ski trails of Ajax sold for $43 million.

The house was not for sale at the time that the deal was struck, Condon added. A Realtor representing the buyer said it was a cash deal.

Condon reported that based on records at the Pitkin County Clerk's Office, Cheek Subdivision LLC of Addison, Texas, sold the home to 421 Willoughby Investors.

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