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September Market Snapshot

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

$813

9%

** # LISTINGS SOLD – 2024

365 -6

%

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

* MEDIAN SALES PRICE – 2024

$1.295M 301

%%

CHANGE FROM 2023

CHANGE FROM 2023

* * SALES VOLUME – 2024

$602M 15

%

CHANGE FROM 2023

CHANGE FROM 2023

SEPTEMBER 2024

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

14 100

%

CHANGE FROM 2023

** PENDING LISTINGS – 2024

113

11% CHANGE FROM 2023

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

272

70% CHANGE FROM 2023

Imagine what’s next.

In August, while many listings took price reductions, data shows the market is stabilizing rather than facing a downturn. Price

per SF increased by 9% from 2023, reaching $813/SF, and the

median sales price jumped 30% to $1.295M. Despite these higher values, properties stayed on the market 14 days longer, compared to 7 last year. Although fewer homes were sold, with a 6% decline in properties sold, sales volume

saw a 15% increase, and there was a substantial 70% rise in

active listings. With 272 listings, buyers now have more options and time to make decisions, giving them greater leverage in the market.


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September Market Snapshot by Steamboat Sotheby's International Realty - Issuu