June 2024 Market Update

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POST & BEAM

STEAMBOAT’S RESIDENTIAL SALES BAROMETER

JUNE 2024

It’s no wonder Steamboat Springs feels the market heating up as we head into the summer months. Last month, the number of homes on the market were up 50% over the year before, coming in at 168 listings. This dramatic increase is coupled with an 11% rise in price per square foot , now at $832.70, and median sales price, seeing a 29% increase over last year to $1,285,250. Median days on market and number of pending listings have stayed the same, suggesting a lack of urgency as buyers make carefully weighed decisions.

28% 50%
Breathe in what’s next. * STEAMBOAT SPRINGS STATS ** ROUTT COUNTY STATS ** ACTIVE RESIDENTIAL LISTINGS – JUNE 1, 2024 ** SALES VOLUME – 2024 CHANGE FROM 2023 -1% ** PENDING LISTINGS – 2024 CHANGE FROM 2023 80 $342M ** # LISTINGS SOLD – 2024 CHANGE FROM 2023 206 * MEDIAN DAYS ON MKT – 2024 CHANGE FROM 2023 * PRICE PER SQ FT – 2024 CHANGE FROM 2023 11% $833 15 * MEDIAN SALES PRICE – 2024 CHANGE FROM 2023 291%% $1.29M 168 CHANGE FROM 2023

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