September Market Insights 2023

A few different market conditions are emerging within our valley. For example, green zone rental units and single-family homes downtown remain a hot commodity with low time on market and low inventory. In areas such as Stagecoach, we are seeing single-family homes sitting on the market and competing against each other for a smaller and possibly more interest-rate-affected buyer pool. This has also been a month full of price reductions as motivated sellers try to get a deal done before snow hits the ground. However, these price reductions aren’t indicating a drop in home values. They mostly represent sellers who overshot on price initially, making reductions to find the sweet spot in the market.


For more information on the Steamboat Springs Real Estate market, contact Ben Berend at 970.717.4785.

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About the Author

Alexa Struss serves as the Marketing Director for The Boyd & Berend Group. She has a focus on staying innovative, building meaningful relationships, and is committed to excellence. She has a degree in Public Relations and Strategic Communication from Purdue University with a minor in Entrepreneurship. She has experience working with homeowners while marketing in various industries and understands the value of exceptional customer service and helping people achieve their life goals.