Doug's Buy/Sell Market Indicators

Steamboat Springs, CO

Single-Family Homes

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Steamboat Springs, CO

Mon Dec 02 2024
This week the median list price for Steamboat Springs, CO is $3,575,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has decreased to 56. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Steamboat Springs, CO

Mon Dec 02 2024
This week the median list price for Steamboat Springs, CO is $3,575,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has decreased to 56. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $3,575,000
Median Price of New Listings $1,649,000
Per Square Foot $944
Average Days on Market 132
Median Days on Market 112
Price Decreased 32%
Price Increased 0%
Relisted 4%
Inventory 56
Median Rent
Market Action 32
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$7,397,500 5,961 5 - 10 acres 5 5.3 17 0 0 105
$4,950,000 4,732 0.5 - 1 acre 5 4.5 18 1 0 136
$3,080,000 3,549 0.25 - 0.5 acre 4 2.8 30 0 0 126
$1,772,000 3,507 0.25 - 0.5 acre 4 2.5 21 2 3 105