Schweitzer Mountain Resort Condos for sale $300,000 to $500,000
Schweitzer Ski Resort is scheduled to open this Friday December 2- 2016, whether and snow permitting of course, and that does not appear to be a problem at the present time. Interested in having your own condo at Schweitzer Mountain Ski Resort for the 2016/17 season? There is a wide variety to choose from.
Search results (November 30, 2016) show there are 14 Schweitzer Condo’s for sale between $300,000 to $500,000. Prices range from low of $334,800 to a high ( in this search bracket ) of $499,950.
*Bedrooms: Two – 4, Three – 8, Four – 2
Sq. Ft: Low – 842, High – 2,885
DOM: Average – 300, Median – 193 Least – 112, Longest – 977
Pricing: Average – $412,967 Median – $399,000
Past years show consistent jump in 1st quarter sales to those of 4th quarters.
1st quarter ’15 – 3 sold with $417,000 average sale price & average of 188 DOM
4th quarter ’15 – 1 sold with sales price of $345.000 & 249 DOM.
1st quarter ’16 – 3 sold with average sale price of $415,000 & average 230 DOM.
Thus far 4th quarter 2016 – 1 sold with $328,750 sales price & 249 DOM
With Schweitzer Mountain Resort Condos active ‘for sales’ at 14 we have approximately a one year absorption rate. There is nothing, from past sales or present sales that indicate a sharp increase, or decline, for sales in this price bracket. Average DOM (days on market) holding very steady after the 1st quarter of 2015. A balanced market is showing itself at the present time even with the higher DOM. Sellers are willing to wait as are buyers. A well priced unit is critical for both buyers and sellers as we head into the 2016/17 ski season.
Interest rates are still at all time lows even with latest increase. Condo prices for a Schweitzer ski resort condo are still an excellent value. Schweitzer Mountain Resort continues to make improvements that will only increase property values of all on the mountain.
All information researched from Selkirk MLS and considered reliable but not guaranteed. Condo’s sold outside of Selkirk MLS not included in this Market Report for Condo’s and Townhomes searched between $300,000 to $500,000 at Schweitzer Mountain Ski Resort. Link to search good for 30 days only. For daily up to date search information contact me for your personal searches sent directly to your email.
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