2018 Micro Report

Steamboat Springs

Imagine living your best life and enjoying everything that you love about Steamboat Springs right out your front door, or within a short bike ride. Steamboat Springs encompasses the areas known as the Mountain, Fish Creek, Downtown, Strawberry Park and West Steamboat, stretching from Walton Creek Road on the south side of town to Steamboat II and Heritage Park on the west end. While each different area boasts its own unique “personality,” they all offer Steamboat’s eclectic mix of ski town atmosphere and community, coupled with Western heritage and a lower, more laid-back way of life. World famous powder and tree skiing, the world’s oldest Winter Carnival, the nation’s best small town rodeo, over 75 restaurants and bars, and the friendliest people you will find anywhere in the world – these are just a handful of the things that make Steamboat Springs such a special place. No matter what activities you enjoy, Steamboat Springs will have something for you. Your best life starts with a home that inspires you, and there is no better place to call home than Steamboat Springs, Colorado.

Condos

Median Sales Price
2017: $352,000
2018: $365,000
%Change: 3.6%

Average $/SF
2017: $398
2018:$431
%Change: 7.7%

Average DOM
2017: 131
2018: 87
%Change: -50.6%

Highest Price
2017: $3,500,000
2018: $2,400,000
%Change: -45.8%

# Properties Sold
2017: 345
2018: 302
%Change: -14.2%

% Sold Price to List Price   
207: 96.8%
2017: 97.3%
%Change: 0.5%

▼ 50.6%

Avg Days on Market for Condos in Steamboat Springs was down 50.6% in 2018 when compared to 2017

▲ 8.2%

Median Sales Price for SF Homes in Steamboat Springs was $762,500 in 2018, an increase of 8.2% over 2017

SINGLE FAMILY

Median Sales Price
2017: $700,000
2018: $762,500
%Change: 8.2%

Average $/SF
2017: $407
2018:$400
%Change: -1.8%

Average DOM
2017: 88
2018: 77
%Change: -3.9%

Highest Price
2017: $3,425,000
2018: $3,800,000
%Change: 9.9%

# Properties Sold
2017: 195
2018: 188
%Change: -3.7%

% Sold Price to List Price   
207: 96.4%
2017: 96.5%
%Change: 0.1%

TOWNHOMES

Median Sales Price
2017: $595,000
2018: $640,000
%Change: 7.0%

Average $/SF
2017: $323
2018:$343
%Change: 5.8%

Average DOM
2017: 88
2018: 91
%Change: 3.3%

Highest Price
2017: $2,665,000
2018: $2,375,000 
%Change: -12.2%

# Properties Sold
2017: 165
2018: 177
%Change: 6.8%

% Sold Price to List Price   
207: 97.9%
2017: 97.5%
%Change: -0.4%

▲ 3.3%

Avg Days on Market for Townhomes in Steamboat Springs was up 3.3% in 2018 when compared to 2017

▲ 25.3%

Median Sales Price for Land in Steamboat Springs was $330,000 in 2018, an increase of 25.3% over 2017

LAND

Median Sales Price
2017: $246,498
2018: $330,000
%Change: 25.3%

Average DOM
2017: 315
2018: 283
%Change: -11.3%

Highest Price
2017: $3,454,000
2018: $3,282,500  
%Change: -5.2%

# Properties Sold
2017: 70
2018: 74
%Change: 5.4%

% Sold Price to List Price   
207: 97.6%
2017: 96.5%
%Change: -1.1%