August Market Insights 2023

By Blog, Steamboat Springs Real Estate Market August 31, 2023

The Steamboat real estate market is transitioning into the fall market, which seasonally brings a decrease in the number of listings and fewer buyers in town looking at property. Many sellers are motivated to sell in the autumn months before snow begins to fall. Well-priced and marketed properties are continuing to sell quickly, especially in the green short-term rental zone. Properties that have overshot the listing price are seeing significant price reductions. Don’t confuse these reductions for a drop in the market. Listing prices are still historically high due to the lack of supply.

For more information on the Steamboat Springs Real Estate market, contact Ben Berend at 970.717.4785.

Photo || 1480 Clubhouse Drive

 

About the Author
Ben Berend, ASSOCIATE BROKER

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.