Market Report

Steamboat Springs, CO 80487

Single-Family Homes

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Steamboat Springs, CO 80487

Thu Sep 20 2018
This week the median list price for Steamboat Springs, CO 80487 is $1,699,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 180. Click here to stay informed with the Steamboat Springs market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Steamboat Springs, CO 80487

Thu Sep 20 2018
This week the median list price for Steamboat Springs, CO 80487 is $1,699,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 180. Click here to stay informed with the Steamboat Springs market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $1,699,500
Per Square Foot $439
Days on Market 219
Price Decreased 24%
Price Increased 3%
Relisted 6%
Inventory 180
Median House Rent $4,500
Most Expensive $46,000,000
Least Expensive $125,000
Market Action Index
Slight Seller's Advantage
33

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,695,000 7,121 2.5 - 5 acres 5 6 15 3 1 408
$2,200,000 5,142 1 - 2.5 acres 5 5 19 0 0 207
$1,406,000 3,574 1 - 2.5 acres 4 4 20 5 4 183
$729,000 2,016 0.25 - 0.5 acre 3 3 37 5 5 77