Market Report

Steamboat Springs, CO 80487

Single-Family Homes

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Steamboat Springs, CO 80487

Fri Feb 28 2020
This week the median list price for Steamboat Springs, CO 80487 is $1,495,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 101. Click here to stay informed with the Steamboat Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Steamboat Springs, CO 80487

Fri Feb 28 2020
This week the median list price for Steamboat Springs, CO 80487 is $1,495,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 101. Click here to stay informed with the Steamboat Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $1,495,000
Per Square Foot $413
Days on Market 284
Price Decreased 10%
Price Increased 9%
Relisted 8%
Inventory 101
Median Rent
Most Expensive $13,750,000
Least Expensive $65,000
Market Action 30
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$3,200,000 6,063 2.5 - 5 acres 5 5 15 3 0 422
$1,895,000 4,370 0.5 - 1 acre 5 4 18 0 0 370
$1,175,000 2,945 0.25 - 0.5 acre 4 3 19 2 1 216
$699,000 1,828 6,500 - 8,000 sqft 3 2 20 5 3 132