Is Steamboat Springs, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Steamboat Springs is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Steamboat Springs was a Seller's Market.

Key Takeaway

Steamboat Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Steamboat Springs, CO

How much do homes in Steamboat Springs, CO cost?

Median Sold Price

$1,639,900

$786/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$1,064,900(+185.2%)

Key Takeaway

Homes in Steamboat Springs have sold for 185.2% more than they did a month ago.

Summary: The median home sold price in Steamboat Springs was $1,639,900 in March 2024, up 185.2% from last month, and the median price per square foot was $786.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $950K-
N/A
3 -$1.6M
N/A
4 $200K-
N/A
5+ --
N/A

Summary: Steamboat Springs housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Steamboat Springs, CO

How many homes are available in Steamboat Springs, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
78+14.3%

Summary: The Steamboat Springs real estate market had 8 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 23
+50.0%
4 21
-50.0%
5+ 12
+100.0%

Summary: The Steamboat Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Steamboat Springs, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Steamboat Springs in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Steamboat Springs, CO

How long does it take to sell a home in Steamboat Springs, CO?

Average Sale Time

Feb 2024Mar 2024CHANGE
198 Days90 Days-54.7%

Summary: Homes in Steamboat Springs had an average of 90 days on market in Mar 2024, down by 54.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Steamboat Springs are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Steamboat Springs; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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