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December 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

$809 7

%

** # LISTINGS SOLD – 2024

558

1%

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

* MEDIAN SALES PRICE – 2024

$1.26M

CHANGE FROM 2023

1%% 22 CHANGE FROM 2023

* * SALES VOLUME – 2024

$916M 14

%

CHANGE FROM 2023

CHANGE FROM 2023

DECEMBER 2024

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

23 156

%

CHANGE FROM 2023

** PENDING LISTINGS – 2024

102 65

%

CHANGE FROM 2023

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

181

76% CHANGE FROM 2023

As we approach the end of 2024, we're seeing continued

stabilization in the market overall. Both price per sq ft and median sales price are

beginning to level off, though they remain 7% and 22% higher, respectively, than at this time last year. Over the past few months, we've observed a slight decrease

in these numbers, indicating a market balancing. The number of listings sold has remained consistent with last year, while total sales volume is up by 14%. Active

residential listings have increased by 76%, but we are still dealing with relatively low

inventory compared to last year, when inventory was critically low.


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