Market Report

Steamboat Springs, CO 80487

Single-Family Homes

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Steamboat Springs, CO 80487

Tue May 28 2024
This week the median list price for Steamboat Springs, CO 80487 is $2,950,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has increased to 39. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Steamboat Springs, CO 80487

Tue May 28 2024
This week the median list price for Steamboat Springs, CO 80487 is $2,950,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has increased to 39. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $2,950,000
Median Price of New Listings $1,990,000
Per Square Foot $859
Average Days on Market 109
Median Days on Market 35
Price Decreased 21%
Price Increased 3%
Relisted 10%
Inventory 39
Median Rent
Market Action 40
Slight Seller's Advantage

Prices in this zip code seem to have settled around a 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
$7,500,000 5,387 1 - 2.5 acres 5 6 12 2 1 98
$3,385,000 4,281 0.5 - 1 acre 4 5 29 1 0 59
$2,542,500 3,905 0.25 - 0.5 acre 4 4 41 0 1 49
$1,297,500 1,785 0.25 - 0.5 acre 4 2.5 37 4 2 17