June 2025 — Steamboat Springs Real Estate Market Report

By Ben Berend Blog, Steamboat Springs Real Estate Market June 20, 2025

As we move into summer, the Steamboat Springs real estate market is seeing a seasonal climb in inventory that exceeds recent summers. There are currently 284 active listings in the Steamboat Springs area—a 52% increase compared to this time last year. This surge is giving buyers more choices and creating a more competitive landscape for sellers. In May 2025, 121 new properties were listed for sale, representing a 57.1% jump year-over-year. The median Days on Market has increased to 25 days, up from 19 days in June 2024. As of June 19, 2025, Steamboat is sitting at 10.9 months of inventory. The $5M+ price range is particularly saturated, with 35 active listings currently available. Allowing for some rare opportunities for high-end buyers.

Pricing Snapshot
Average Price per Square Foot (May 2025): $775
Average Sale-to-List Price Ratio: Buyers are negotiating 2.3% below asking

If you're a buyer, this may be the time to act—especially with increased inventory, price flexibility, and more time to make informed decisions. If you're a seller, it’s important to price strategically and prepare your property to stand out in a competitive market.

About the Author

Ben Berend, ASSOCIATE BROKER | TEAM LEAD

Born and raised in Steamboat Springs, Ben spent his childhood at Howelsen Hill dreaming of someday competing in the Winter Olympics. He realized that dream by representing the United States in the 2018 Winter Olympics, becoming one of 100 Olympians from Steamboat Springs dating back to 1932.

Ben believes in learning from the best, which is why he returned to Steamboat Springs and joined forces with Cam Boyd – former co-owner of Steamboat Sotheby’s and one of the highest producing agents in the country. Together, Cam and Ben created the Boyd & Berend Group, a team focused on the luxury real estate market in Steamboat Springs. Last year, the Boyd & Berend Group worked with buyers and sellers on 47 transactions totaling over $72m – solidifying them as a market share leader within the Yampa Valley.

Ben’s approach to the business centers around strong communication, building lasting relationships, and bringing a persistant energy to each transaction – which he attributes to his prior career as a professional athlete.

Ben was elected to the Parks and Recreation Commission in 2021, where he continues to serve. He also volunteers as a ski coach at the Winter Sports Club and leads Olympic Heritage Tours for the local Tread of Pioneers Museum. Outside of work, Ben is known for his grand adventures on bikes and skis.