August 2025 — Steamboat Springs Real Estate Market Report

The Steamboat Springs real estate market in July reflected a gradual shift toward a more balanced environment, with increased inventory and slightly slower buyer activity compared to last year. Homes sold in July spent an average of 58 days on the market, 11 days longer than June 2024's 47-day average. At the end of last month, there were 213 active listings. This marks a 80.5% increase in total inventory compared to July 2024. Months of supply rose to 5.4, up from 5.2 last month and 68.8% higher than the same time last year—signaling a move away from the competitive seller’s market of recent years. Buyer activity has softened, with showings per listing averaging at 3 in July, a 16.7% drop from last year. For buyers, this means more options and negotiating power, while sellers should focus on competitive pricing and standout presentation to attract attention in a more competitive landscape.