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March Update of Stratton Real Estate

February pending and closings:

The calendar says that Spring is coming but so far it doesn't seem to be anywhere in sight.  3 inches last night and more predicted for tomorrow.    Skiing at Stratton is still absolutely outrageous and people are out having a great time.    Stratton reported over 6 ' of snow in February. Sadly  I had one buyer who was coming to Stratton last weekend to ski and look to buy, was unable to get his children in Little Cub so he bagged coming.   We have had a number of people who don't want to start looking until after 4 so they can ski all day.   That being said,  we have all been busy with lots of showings and had a bidding war on a slopeside condo with a P & S  and another agreed price today.    People are spending a lot of time looking and evaluating all the information about the properties they are focusing on and slow to getting off the mark and making offers.   But as the season is winding down, we hope for a lot more good activity.     Additionally, we have a number of requests for seasonal rentals next year they we may not be able to satisfy.

Looking at the statistics, there are more closing and more pendings from last a month a good sign.  Prices are still generally under $400,000.

You may have heard there was a fire in the base lodge last week in Grizzly's.  I was in the base lodge today and the main floor is fully open for business.   Stratton did a super job in the clean up.

I have an owner who did an amazing redo of a High Meadow at Stratton home.    He took an old contemporary and created the living/dining/kitchen into an amzing space that bring the feel of a NYC loft to the mountains.  He is listing it for sale for $849,000 - in addition to the great space if has 4 bedooms, 3.5 baths, family room and large garage.   Call us if you want to see this property.


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