Routt County | How's the Market | September 2023

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HOW'S THE MARKET

Steamboat/Routt County | September 2023

ROUTT COUNTY MARKET STATS

Residential Only (MLS) | 2022 vs 2023 (Month of September) Closed Transactions 2022::68 2023::51 -25% Sold Dollar Volume 2022::$86.9M 2023::$92.3M 2022::$1.27M 2023::$1.81M 2022::39 2023::50 2022::$621 2023::$735 2022::97% 2023::96% 6% -1% 42% Average Sales Price 18% Average Price/ Sq.Ft 28% Average Days on Market Sale/List Price

ROUTT COUNTY MARKET STATS

Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 9/30) Closed Transactions 2022::598 2023::442 -26% Sold Dollar Volume 2022::$806M 2023::$618M 2022::$1.34M 2023::$1.4M 2022::32 2023::53 2022::$694 2023::$707 Sale/List Price 2022::99% 2023::97% -23% -2% 4% Average Sales Price 2% Average Price/ Sq.Ft 66% Average Days on Market

ROUTT COUNTY TOTAL ACTIVE INVENTORY

Residential & Land (MLS) | On October 1st of each year 1,000 900 800 700 600 500 400 300 200 100 0 2019 2020 2021 2022 2023 961 436 525 590 208 382 352 157 195 350 180 170 327 142 185 Total Residential Land 5-Year Comparison -21% 2022>2023 Residential Only

ROUTT COUNTY NEW LISTINGS VS PENDING SALES

Residential & Land (MLS) 20 30 40 50 60 70 80 90 100 110 120 130 140 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sept 23 NewListing Pending

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