Friday, July 31, 2009

Keystone Market Update


Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $258,700, two bedrooms at $399,900. Nearby is a one bedroom in River Bank Lodge for $230,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $299,900. The numbers for all the condos and townhomes in Keystone are: 231 active, 7 pending and 105 sold in the last year.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 58 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months thirteen homes have sold 9 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there is only one cabin (no running water), it’s on five acres and is listed for $149,900. There are several lots, for a property that could be developed, prices start at $275,000 and go up to $490,000 (almost 2 acres backing to the Snake River).

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