February 2024 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

* S T E A M B O AT S P R I N G S S TAT S

* PRICE PER SQ FT – 2024

$789

6%

** # LISTINGS SOLD – 2024

22

-15%

* * R O U T T C O U N T Y S TAT S

* MEDIAN SALES PRICE – 2024

$1.22M

CHANGE FROM 2023

1%% 12

CHANGE FROM 2023

* * SALES VOLUME – 2024

$46M

57% CHANGE FROM 2023

CHANGE FROM 2023

FEBRUARY 2024

* M E D I A N D AY S O N M K T – 2 0 2 4

38

31%

CHANGE FROM 2023

** PENDING LISTINGS – 2024

46

-55% CHANGE FROM 2023

* * ACTI V E R ES I D E NTI A L LI STI NGS – FE BUA RY 1, 2 02 4

101

Open the door to what's next.

4%

The beginning of the year is still

CHANGE FROM 2023

prices and low inventory.

dominated by rising sales

Sales volume is up 57% from 2023, with 24 of the 34 listings selling over $1M.

Pending listings are down significantly, with days on market seeing a 31% climb. Despite

continued appreciation, lenders are advising buyers not

to wait for interest rates to drop, but to buy now. There could be a cost to waiting for interest rates to decrease.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.