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May 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

$823

11%

** # LISTINGS SOLD – 2024

156

1%

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

* MEDIAN SALES PRICE – 2024

$1.29M

CHANGE FROM 2023

1%% 36

CHANGE FROM 2023

* * SALES VOLUME – 2024

$266M 30

%

CHANGE FROM 2023

CHANGE FROM 2023

M AY 2 0 2 4

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

15 -17

%

CHANGE FROM 2023

** PENDING LISTINGS – 2024

73

-9% CHANGE FROM 2023

* * A C T I V E R E S I D E N T I A L L I S T I N G S – M AY 1 , 2 0 2 4

127

87% CHANGE FROM 2023

The real estate market in Steamboat Springs is buzzing with activity.

Prices are steadily climbing , with the median sales price rising 36% over last year. Despite this

Take a peek at what’s next.

upward trend, buyers are actively engaging in the market. Listings available for purchase have

surged by 87% from last year, offering buyers a wider array of choices. The median days on

market have decreased by 17%, indicating that sellers are encountering multiple offers more frequently. As we head into summer,

the market is poised to favor both sellers and buyers. Sellers stand to benefit from higher sales prices, while buyers can take advantage of increased inventory.


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