Routt County | How's the Market | December 2023

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HOW'S THE MARKET

Steamboat/Routt County | December 2023


ROUTT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (Month of December)

25%

-3.3%

0%

Closed Transactions

Sold Dollar Volume

Sale/List Price

2022 :: 32

2022 :: $53.4M

2022 :: 95%

2023 :: $51.6M

2023 :: 95%

2023 :: 40

-22.6% Average Sales Price

-16% Average Price/ Sq.Ft

28.8% Average Days on Market

2022 :: $1.67M

2022 :: $727

2022 :: 59

2023 :: $1.29M

2023 :: $611

2023 :: 76


ROUTT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 12/31)

-19.2%

Closed Transactions 2022 :: 733 2023 :: 592

4.4%

-15.7%

-1%

Sold Dollar Volume

Sale/List Price

2022 :: $1B

2022 :: 98%

2023 :: $851M

2023 :: 97%

7.3%

54.3%

Average Sales Price

Average Price/Sq.Ft

Average Days on Market

2022 :: $1.37M

2022 :: $654

2022 :: 35

2023 :: $1.43M

2023 :: $702

2023 :: 54


ROUTT COUNTY TOTAL ACTIVE INVENTORY Residential & Land (MLS) | On January 1st of each year 5-Year Comparison 800

700

600

500

400

300

200

100

0

784

317 2020

467

447

139

308

221

2021

76

145

294

2022 Total

Residential

137 2023

Land

157

295

128 2024

167

-6.6% 2022>2023 Residential Only


ROUTT COUNTY NEW LISTINGS VS PENDING SALES Residential & Land (MLS) 140 130 120 110 100 90 80 70 60 50 40 30 20 Dec 22

Jan 23

Feb 23

Mar 23

Apr 23

May 23

Jun 23

New Listing

Jul 23 Pending

Aug 23

Sept 23

Oct 23

Nov 23

Dec 23


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