Compared to February, the number of days we are seeing properties on the market is down significantly, seeing only a 3% hike compared to last months 31%. Coupled with the number of properties on the market up 13% from 2023, fear about the state of the market is quelled while both buyers and sellers look forward to a hot market and a predicted drop in interest rates this summer. With Spring on the horizon, while supply remains low in to contrast to demand , optimism for the markets resilience is on the rise.
POST & BEAM STEAMBOAT’S RESIDENTIAL SALES BAROMETER MARCH 2024 19% 13%
possibilities of what's next. * STEAMBOAT SPRINGS STATS ** ROUTT COUNTY STATS ** ACTIVE RESIDENTIAL LISTINGS – MARCH 1, 2024 ** SALES VOLUME – 2024 CHANGE FROM 2023 ** PENDING LISTINGS – 2024 CHANGE FROM 2023 -53% 40 $109M ** # LISTINGS SOLD – 2024 CHANGE FROM 2023 -27% 50 * MEDIAN DAYS ON MKT – 2024 CHANGE FROM 2023 3% * PRICE PER SQ FT – 2024 CHANGE FROM 2023 29% $797 38 * MEDIAN SALES PRICE – 2024 CHANGE FROM 2023 441%% $1.30M 101 CHANGE FROM 2023
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