August 2025 — Steamboat Springs Real Estate Market Report

By Blog, Steamboat Springs Real Estate Market August 12, 2025
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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.

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About the Author
The Boyd & Berend Group
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.