Market Report
Steamboat Springs, CO 80487
Single-Family Homes
www.titlecorockies.com
Steamboat Springs, CO 80487
Thu Apr 03 2025
This week the median list price for Steamboat Springs, CO 80487 is $4,250,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has decreased to 49.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.
Real-Time Market Profile
| Median List Price | $4,250,000 | |
| Median Price of New Listings | $4,900,000 | |
| Per Square Foot | $1,010 | |
| Average Days on Market | 145 | |
| Median Days on Market | 119 | |
| Price Decreased | 41% | |
| Price Increased | 2% | |
| Relisted | 6% | |
| Inventory | 49 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $10,326,000 | 7,703 | 5 - 10 acres | 5 | 5.5 | 19 | 0 | 1 | 161 |
| $5,225,000 | 5,248 | 0.5 - 1 acre | 5 | 4.5 | 20 | 2 | 0 | 224 |
| $3,300,000 | 3,884 | 0.5 - 1 acre | 5 | 4.3 | 7 | 0 | 3 | 101 |
| $1,650,000 | 2,075 | 0.25 - 0.5 acre | 4 | 2 | 46 | 1 | 0 | 49 |