November Market Insights

As stated last month, properties are staying active for a longer time period, and you’ll notice price reductions from motivated sellers throughout the market. The median number of days on the market has risen one day from the October market report, while the pending listings have decreased since last month. Part of this could be attributed to seasonality, as our market can slow in November while the town quiets down and businesses close. Prices are generally still higher than a year ago today, and well-priced/marketed homes are selling fast without price reductions. I would still label this a seller’s market. While the number of active listings is 9% higher than last year, it’s still not enough inventory to cool prices down significantly.

NOVEMBER MARKET INSIGHT

About the Author

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.