Routt County | How's the Market | November 2023

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HOW'S THE MARKET

Steamboat/Routt County | November 2023


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

-9%

33%

0%

Closed Transactions

Sold Dollar Volume

Sale/List Price

2022 :: 45

2022 :: $60.2M

2022 :: 95%

2023 :: $80.1M

2023 :: 95%

10%

31%

2023 :: 41

46% Average Sales Price

Average Price/ Sq.Ft

Average Days on Market

2022 :: $1.33M

2022 :: $649

2022 :: 48

2023 :: $1.95M

2023 :: $713

2023 :: 63


ROUTT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 11/30)

-21%

Closed Transactions 2022 :: 701 2023 :: 552

6%

-16%

-2%

Sold Dollar Volume

Sale/List Price

2022 :: $956M

2022 :: 99%

2023 :: $799M

2023 :: 97%

9%

56%

Average Sales Price

Average Price/Sq.Ft

Average Days on Market

2022 :: $1.36M

2022 :: $651

2022 :: 34

2023 :: $1.44M

2023 :: $709

2023 :: 53


ROUTT COUNTY TOTAL ACTIVE INVENTORY Residential & Land (MLS) | On December 1st of each year 5-Year Comparison 900 800 700 600 500 400 300 200 100 0

829

340 2019

489

506

170

336

250

2020

96

154

307

2021 Total

Residential

134 2022

Land

173

311

133 2023

178

-1% 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 Nov 22

Dec 22

Jan 23

Feb 23

Mar 23

Apr 23

May 23

New Listing

Jun 23

Pending

Jul 23

Aug 23

Sept 23

Oct 23

Nov 23


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