September 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 SEPTEMBER 2021

# LISTINGS SOLD – 2021

686

1%% 29

CHANGE FROM 2020

PENDING LISTINGS – 2021

249

-25%

MEDIAN SALES PRICE – 2021

$722K

CHANGE FROM 2020

SALES VOLUME – 2021

$765M

CHANGE FROM 2020

82%

100%

-34%

1%% 2.4

CHANGE FROM 2020

PRICE PER SQ FT – 2021

$540

CHANGE FROM 2020

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

145

30%

SALE VS LIST PRICE – 2021

28%

CHANGE FROM 2020

As summer turns into fall, the weather might be cooling off, but the Steamboat real estate market remains hot. The number of transactions

CHANGE FROM 2020

through the end of August remains

increased over last year by nearly 30% while the standing

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

inventory (active listings) continues to remain low, further driving prices up – the median

sale price for a

residential listing in Steamboat Springs is at a high point of

$721,500. While active listings remain at an all-time low, down 34% from this time last year, the total residential sales volume is nearly double what it was by September 2020 (up 82%). On average,

selling at the full asking price. In August, of the listings are

residential sales that sold over the list price, offers came in at an average of

4% over-ask. 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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