Market Report
Steamboat Springs, CO 80487
Single-Family Homes
www.titlecorockies.com
Steamboat Springs, CO 80487
Thu Mar 27 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 26. Inventory has decreased to 50.
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 | $1,995,000 | |
| Per Square Foot | $1,011 | |
| Average Days on Market | 142 | |
| Median Days on Market | 137 | |
| Price Decreased | 40% | |
| Price Increased | 2% | |
| Relisted | 4% | |
| Inventory | 50 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.
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 | 6 | 5.5 | 17 | 0 | 0 | 154 |
| $5,395,000 | 5,308 | 0.5 - 1 acre | 5 | 4.5 | 20 | 0 | 2 | 217 |
| $3,200,000 | 3,658 | 0.25 - 0.5 acre | 5 | 4 | 11 | 0 | 0 | 147 |
| $1,650,000 | 2,075 | 0.25 - 0.5 acre | 3 | 2 | 46 | 1 | 1 | 42 |