November 2023 Market Update

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

# LISTINGS SOLD – 2023

555

-21%

MEDIAN SALES PRICE – 2023

$998K

CHANGE FROM 2022

PENDING LISTINGS – 2023

62

-23%

81%%

CHANGE FROM 2022

SALES VOLUME – 2023

$804M -18

%

CHANGE FROM 2022

CHANGE FROM 2022

DECEMBER 2023

M E D I A N D AY S O N M K T – 2 0 2 3

15

67% CHANGE FROM 2022

PRICE PER SQ FT – 2023

$777 11

%

CHANGE FROM 2022

ACTI V E R ES I D E NTI A L LI STI NGS – D ECE M BE R 1, 2 023

138

5% CHANGE FROM 2022

The last couple of months of the year are historically “slower” in the Steamboat real estate market with fewer transactions taking

Nothing compares to getting more than expected.

place as we near the holidays. The number of active listings is

up slightly since this time last year, giving some new options

for buyers, however we continue to hover around record low

inventory levels. Continued low supply has resulted in lower sales volume and a lower number of pending sales this year. Prices continue to

rise despite the high interest rate environment, given the high demand and low supply.


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