December 2025 - Steamboat Springs Real Estate Market Report

The Steamboat Springs market continued shifting toward balance in November, marked by rising inventory and longer days on market. Active listings climbed to 247, up 71.5% year-over-year and slightly higher than October’s 242. Homes had a median of 34 days on market, a 36% increase from last year, reflecting more options and more deliberate buyer decision-making. Despite this, pricing remains strong with the median price per square foot ticking up to $815, a 1.2% increase from 2024. Months of Supply rose to 6.2, up 59% year-over-year, underscoring a more balanced landscape. Price adjustments are becoming more common, with 25 listings reducing their price in November (an average drop of 8.9%) and 84 active listings currently showing reductions. November closed with 45 residential sales, while new luxury builds, including ROAN, continue to elevate Steamboat’s high-end market offerings. Overall, buyers now have more leverage and choice, while sellers must stay sharp with pricing and presentation to stand out.

Data pulled 12/2/2025 || November Market Stats.