POST & BEAM
STEAMBOAT’S RESIDENTIAL SALES BAROMETER
AUGUST 2024
The real estate market in Steamboat continues its upward trajectory, with the Price per SF steadily climbing. This year, we have seen an 11% increase, reaching $826/sf In a more moderate shift, the Median Sales Price has risen by $4K from last month , but when compared to 2023, represents a significant 37% jump, at $1.3M . Despite these rising prices, buyers appear to be taking more time to make purchasing decisions. Days on Market has seen a 50% increase . This slower pace can also be attributed to the substantial rise in inventory, which has surged 76%, providing buyers with more options and reducing the urgency to make quick decisions.