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March 2025 Market Update

Page 1

M A R K E T U P D AT E ST E A M B O AT ’ S R E S I D E N T I A L SA L E S B A R O M E T E R

* S T E A M B O AT S P R I N G S S TAT S

* PRICE PER SQ FT – 2025

$865 9

%

** # LISTINGS SOLD – 2025

52

4%

* * R O U T T C O U N T Y S TAT S

* MEDIAN SALES PRICE – 2025

$1.00M 6

%

CHANGE FROM 2024

CHANGE FROM 2024

* * SALES VOLUME – 2025

$69.6M -36

%

CHANGE FROM 2024

CHANGE FROM 2024

MARCH 2025

* M E D I A N D AY S O N M K T – 2 0 2 5

34

-15%

CHANGE FROM 2024

** PENDING LISTINGS – 2025

103 158

%

CHANGE FROM 2024

* * ACTI V E R ES I D E NTI A L LI STI NGS – M A RCH 1, 2 025

199

97% CHANGE FROM 2024

February 2025 the median sales

price increased to $1,005,000 from $950,000 in February 2024, while price per square foot

rose from $797 to $865. Pending sales saw a significant rise from 40 to 103, aligning with the increase in active residential listings from 101 to 199. Sales volume,

A home as unique as you

however, dropped from $109M to $69.58M despite a slight

increase in listings sold (50 to 52). Median days on the market improved from 40 to 34, suggesting a faster sales cycle. The increase in

pending sales may correlate with the higher inventory, indicating a more active market than this time last year.


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