The Steamboat Springs residential real estate market continues to demonstrate resilience and strength as we move through May 2026. Inventory remains constrained with 304 active residential listings, down 16.6% compared to this time last year, contributing to continued upward pressure on pricing. The median sales price has climbed to $1,619,000, an increase of 16.5% year-over-year, while price per square foot has surged 36.1% to $1,186, reflecting strong buyer demand for quality properties throughout the market. Homes are taking slightly longer to sell, with median days on market rising to 43 days, up 19 days from last year, signaling that buyers are becoming more selective despite healthy demand. Sellers should also note that pricing strategy remains critical, as 109 active listings have undergone price reductions. New inventory remains steady with 79 new residential listings and 6 new land listings entering the market during May. At The Boyd & Berend Group, we continue to see strong activity and seller confidence, having brought 8 new listings to market since the beginning of April. As inventory remains limited and pricing trends upward, well-prepared and strategically marketed properties continue to stand out and attract buyer attention.
