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April 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

$796

7%

** # LISTINGS SOLD – 2024

92

-18%

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

* MEDIAN SALES PRICE – 2024

$1.1M

CHANGE FROM 2023

1%% 16

CHANGE FROM 2023

* * SALES VOLUME – 2024

$162M 16

%

CHANGE FROM 2023

CHANGE FROM 2023

APRIL 2024

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

38 58

%

CHANGE FROM 2023

** PENDING LISTINGS – 2024

84

-6% CHANGE FROM 2023

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

113

28% CHANGE FROM 2023

Heading into the Spring, which historically was a slower season, the market is ramping up. With the

number of listings up 28%

Envision what's next.

this March over last, coupled with a

16% increase in sales volume, statistics are suggesting that this may no longer be the case. While

inventory is promising, prices continue to rise. With the median sales price sitting at $1.1M, 22% higher than this time last year, price per square foot follows suit. As sellers benefit

from higher sales prices and buyers benefit from a muchneeded uptick in inventory, the market proves fruitful for both sides.


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