STEAMBOAT’S RESIDENTIAL SALES BAROMETER
As we move into fall, Steamboat’s real estate market shows signs of strong buyer interest, though pace and focus have shifted. Sales rose to 354 in August vs 233 in July, with demand centered on desirably-located, appropriately priced homes The median sale price dipped from $1.25M to $1.225M, as buyers hold firm on value. Median days on market stayed at 22, while active listings remain over 400. Pending sales rose to 128, signaling pent-up demand as as buyers wait for the right opportunities. While homes in need of updates or aggressively priced may take longer to sell, wellpositioned properties continue to attract competitive bidding.