July 2025 Market Update

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STEAMBOAT’S RESIDENTIAL SALES BAROMETER

Compared to June 2024, the market in June 2025 is showing signs of finding balance

Median sales price and price per sq ft have softened slightly, while the number of homes under contract has increased—indicating that buyers are responding to more competitive pricing. With rising inventory levels, buyers now have more options, creating healthy competition. Overall, the market is presenting opportunities for both buyers and sellers especially when homes are priced at fair market value, where multiple offers are becoming common.

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