Market Report

Steamboat Springs, CO 80487

Single-Family Homes

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Steamboat Springs, CO 80487

Mon Jun 02 2025
This week the median list price for Steamboat Springs, CO 80487 is $2,572,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 76. 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

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Steamboat Springs, CO 80487

Mon Jun 02 2025
This week the median list price for Steamboat Springs, CO 80487 is $2,572,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 76. 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

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $2,572,500
Median Price of New Listings $2,100,000
Per Square Foot $882
Average Days on Market 108
Median Days on Market 49
Price Decreased 20%
Price Increased 1%
Relisted 5%
Inventory 76
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$6,995,000 5,387 5 - 10 acres 5 5.5 19 5 1 245
$4,250,000 4,053 0.5 - 1 acre 5 4.5 19 3 1 63
$1,995,000 2,532 0.25 - 0.5 acre 4 2.5 38 4 2 14
$1,380,000 1,809 6,500 - 8,000 sqft 3 2 27 7 1 7