August 2021 Market Snapshot

Page 1

POST & BEAM ST E A M B O AT ’ S R E S I D E N T I A L SA L E S B A R O M E T E R AUGUST 2021

# LISTINGS SOLD – 2021

593

1%% 59

CHANGE FROM 2020

PENDING LISTINGS – 2021

244

-16%

MEDIAN SALES PRICE – 2021

$720K

25%

CHANGE FROM 2020

SALES VOLUME – 2021

$658M 118

%

CHANGE FROM 2020

SALE VS LIST PRICE – 2021

100%

1%% 2.5

CHANGE FROM 2020

PRICE PER SQ FT – 2021

$485

CHANGE FROM 2020

24%

CHANGE FROM 2020

ACTI V E R ES I D E NTI A L LI STI NGS – AUG 1, 2 021

122

-53%

As we enter the second half of 2021, the real estate market remains steady with continued

CHANGE FROM 2020

Service that’s as elevated as your standards. Nothing Compares.

low-standing inventory, increased demand, and rising prices. In Steamboat Springs, residential sales that are closing over the asking price are selling for an average

of 3% more

than the list price. For example, for a property at a $1M list price, the average offer would be

$30,000 over asking price. With unprecedented demand, the

median days on market in July for all residential property

types was an all-time low at only

10 days. Now more than ever, it’s important to work with one of our real estate professionals to help you navigate buying or

selling property in our complex and fast-paced market.


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