July 2025 — Steamboat Springs Real Estate Market Report

The Steamboat Springs real estate market remained relatively stable in June 2025, with indicators pointing toward a more balanced environment for buyers and sellers alike. The median sales price reached $1.1M, marking a 3.8% increase from last year — June 2024. While the average price per square foot saw a modest year-over-year increase of 1.2% to $769, it dipped slightly from $775 in May. Prices are not dropping; however they are growing at a much smaller pace than the red hot years of 2020 -2024. Inventory continues to build, with 302 active listings at the end of June—up from 287 in May and representing a significant 57.3% increase compared to the same time last year. The market is now sitting at 5.9 months of inventory, including 5.2 months of supply specifically for single-family homes, suggesting a move toward a more neutral market. Buyer activity remains consistent, with showings averaging 2.6 per listing in June. The average days on market was 62 days, down 3.1% from last year and up slightly—by 2 days—from the previous month.