Market Report

Steamboat Springs, CO 80487

Single-Family Homes

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Steamboat Springs, CO 80487

Tue Mar 26 2019
This week the median list price for Steamboat Springs, CO 80487 is $1,771,600 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 144. Click here to stay informed with the Steamboat Springs market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Steamboat Springs, CO 80487

Tue Mar 26 2019
This week the median list price for Steamboat Springs, CO 80487 is $1,771,600 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 144. Click here to stay informed with the Steamboat Springs market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $1,771,600
Per Square Foot $429
Days on Market 311
Price Decreased 24%
Price Increased 1%
Relisted 6%
Inventory 144
Median House Rent
Most Expensive $46,000,000
Least Expensive $137,000
Market Action Index
Slight Buyer's Advantage
28

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$4,595,000 7,180 2.5 - 5 acres 5 6 16 0 0 574
$2,047,000 4,426 0.5 - 1 acre 4 5 16 1 0 330
$1,330,000 3,696 0.5 - 1 acre 4 4 20 0 2 196
$697,000 1,922 8,000 - 10,000 sqft 3 3 35 3 5 142