September 23, 2007
The average price of a condominium here in the first half of 2007 was a relatively modest $379,000 when compared to $791,000 in Park City, Utah; and $955,000 in Vail. That trend may change within two years when condo projects under construction begin to close on sale contracts.
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The average price of a single-family home in Steamboat Springs has increased 30 percent in two-and-a-half years. However, that average price - $813,000 - is less than in several other mountain resort communities.