Market Report Sept 14, 2017

Market Report

Thu Sep 14 2017
Steamboat Springs, CO 80487
Single-Family Homes

This week the median list price for Steamboat Springs, CO 80487 is $799,000 with the market action index hovering around 24. This is less than last month’s market action index of 25. Inventory has held steady at or around 245.



Market Action Index

The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

Market Action Index

Today 24%

Last Month24%

Slight Buyer’s Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes

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Price Decreased

Price Increased


Most Expensive
Least Expensive

Real-Time Market Profle

Median List Price
Per Square Foot
Days on Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,275,000 6,606 2.5 – 5 acres 5 4 13 0 1 476
$1,324,000 3,592 1 – 2.5 acres 4 3 23 3 6 240
$489,000 2,291 0.25 – 0.5 acre 4 3 18 4 2 272
$81,200 1,217 2 2 18 3 4 421

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About the Author
Josh Cook
Josh Cook is The Boyd Team’s Digital Marketing Specialist. In today’s online world, having someone who knows the industry and trends is a must. Real Estate has become increasingly internet-centric, having Josh on the team to meet those needs sets The Boyd Team apart. He continues to strive to make the Boyd Team’s internet presence as expansive as possible enhancing each listing’s presence.