Market Report

Steamboat Springs, CO 80487

Single-Family Homes

www.titlecorockies.com



Steamboat Springs, CO 80487

Thu Nov 14 2019
This week the median list price for Steamboat Springs, CO 80487 is $1,495,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 159. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Steamboat Springs, CO 80487

Thu Nov 14 2019
This week the median list price for Steamboat Springs, CO 80487 is $1,495,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 159. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $1,495,000
Per Square Foot $428
Days on Market 253
Price Decreased 35%
Price Increased 5%
Relisted 6%
Inventory 159
Median Rent $2,800
Most Expensive $13,750,000
Least Expensive $88,000
Market Action 28
Slight Buyer'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
$3,700,000 5,831 5 - 10 acres 5 6 17 0 0 397
$1,872,500 4,502 0.5 - 1 acre 4 5 16 1 2 282
$1,122,000 3,003 0.25 - 0.5 acre 4 4 21 2 5 199
$617,499 1,695 0.25 - 0.5 acre 3 2 37 2 3 135