The Steamboat real estate market so far in 2023 has undergone a definite shift compared to last year, shown by a decrease in listings sold and a longer median days on market Despite these changes, there is still demand for properties reflected by the rise in price per square foot and increase in median sales prices. This evolving market presents both challenges and opportunities for both buyers and sellers as we continue to see a more balanced market as opposed to the frenzied buyers market of the last two years.
STEAMBOAT’S RESIDENTIAL SALES BAROMETER 81 $677 JUNE 2023 PENDING LISTINGS – 2023 PRICE PER SQ FT – 2023 171% $268M SALES VOLUME – 2023 CHANGE FROM 2022 -31% -30% 11% CHANGE FROM 2022 CHANGE FROM 2022 209 19 # LISTINGS SOLD – 2023 MEDIAN DAYS ON MKT – 2023 CHANGE FROM 2022 CHANGE FROM 2022 $946K MEDIAN SALES PRICE – 2023 CHANGE FROM 2022 1% 3% -54% 29% ACTIVE RESIDENTIAL LISTINGS – JUNE 1, 2023 112 CHANGE FROM 2022
POST & BEAM
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