Single-Family Homes
Tue Apr 22 2025
This week the median list price for Steamboat Springs, CO is $4,250,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has increased to 53.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.
Median List Price | $4,250,000 | |
Median Price of New Listings | $1,825,000 | |
Per Square Foot | $973 | |
Average Days on Market | 136 | |
Median Days on Market | 77 | |
Price Decreased | 36% | |
Price Increased | 2% | |
Relisted | 8% | |
Inventory | 53 | |
Median Rent | ||
Market Action | 30 | |
Slight Seller's Advantage |
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$9,752,000 | 7,201 | 5 - 10 acres | 5 | 6 | 19 | 0 | 0 | 203 |
$4,750,000 | 4,613 | 0.5 - 1 acre | 5 | 4.5 | 22 | 0 | 0 | 42 |
$3,148,000 | 3,380 | 1 - 2.5 acres | 4 | 4 | 32 | 2 | 1 | 70 |
$1,574,000 | 2,038 | 0.25 - 0.5 acre | 3 | 2.5 | 31 | 2 | 2 | 59 |