Nothing
Although total residential sales this year are down compared to the frenzy that was still happening in the start of 2022, inventory is still very low, maintaining upward pressure on prices. Today, we have a 2-month supply of residential listings in our market, much lower than the 6-month supply needed for a “normal” market . Listings are staying on the market longer this year, over 30 days, as opposed to just about a week this time last year. As we get further into spring, we will see more properties come on the market, giving us a better idea of what is to come in our busy summer months.
STEAMBOAT’S RESIDENTIAL SALES BAROMETER 89 $639 APRIL 2023 PENDING LISTINGS – 2023 PRICE PER SQ FT – 2023 251% $139M SALES VOLUME – 2023 CHANGE FROM 2022 -51% -20% -25% 12% CHANGE FROM 2022 CHANGE FROM 2022 112 32 # LISTINGS SOLD – 2023 MEDIAN DAYS ON MKT – 2023 CHANGE FROM 2022 CHANGE FROM 2022 $900K MEDIAN SALES PRICE – 2023 CHANGE FROM 2022 61%% 51% ACTIVE RESIDENTIAL LISTINGS – APRIL 1, 2023 88 CHANGE FROM 2022
POST & BEAM
Compares. Service that's as elevated as your standards