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March 2024 Market Update

Page 1

POST & BEAM 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 – 2024

$797

29%

** # LISTINGS SOLD – 2024

50

-27%

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

* MEDIAN SALES PRICE – 2024

$1.30M

CHANGE FROM 2023

1%% 44

CHANGE FROM 2023

* * SALES VOLUME – 2024

$109M 19

%

CHANGE FROM 2023

CHANGE FROM 2023

MARCH 2024

* M E D I A N D AY S O N M K T – 2 0 2 4

38

3%

CHANGE FROM 2023

** PENDING LISTINGS – 2024

40 -53

%

CHANGE FROM 2023

* * ACTI V E R ES I D E NTI A L LI STI NGS – M A RCH 1, 2 02 4

101

13% CHANGE FROM 2023

Compared to February, the

number of days we are seeing properties on the market is down significantly,

The possibilities of what's next.

seeing only a 3% hike compared to last months 31%. Coupled with the number of properties

on the market up 13% from 2023, fear about the state of the market is quelled while both buyers and sellers look forward to a hot market and a predicted drop in interest rates this summer. With Spring on the horizon, while supply remains low

in to contrast to demand, optimism for the markets resilience is on the rise.


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March 2024 Market Update by Steamboat Sotheby's International Realty - Issuu