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
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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Real-Time Market Profle
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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PDF of Market Report
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