Heading into the Spring, which historically was a slower season, the market is ramping up. With the number of listings up 28% this March over last, coupled with a 16% increase in sales volume, statistics are suggesting that this may no longer be the case. While inventory is promising, prices continue to rise. With the median sales price sitting at $1.1M, 22% higher than this time last year, price per square foot follows suit. As sellers benefit from higher sales prices and buyers benefit from a muchneeded uptick in inventory, the market proves fruitful for both sides.
& BEAM STEAMBOAT’S RESIDENTIAL SALES BAROMETER APRIL 2024 16% 28%
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Envision what's next. * STEAMBOAT SPRINGS STATS ** ROUTT COUNTY STATS ** ACTIVE RESIDENTIAL LISTINGS – APRIL 1, 2024 ** SALES VOLUME – 2024 CHANGE FROM 2023 ** PENDING LISTINGS – 2024 CHANGE FROM 2023 -6% 84 $162M ** # LISTINGS SOLD – 2024 CHANGE FROM 2023 -18% 92 * MEDIAN DAYS ON MKT – 2024 CHANGE FROM 2023 58% * PRICE PER SQ FT – 2024 CHANGE FROM 2023 7% $796 38 * MEDIAN SALES PRICE – 2024 CHANGE FROM 2023 161%% $1.1M 113 CHANGE FROM 2023