September Market Insights 2024

By Ben Berend Blog September 27, 2024

Fall is upon us, and the Steamboat Real Estate market is sitting on about a four-month supply of listings at 260 active listings. Inventory is higher across the board relative to the last few years, especially within the resort condo/townhome market. The number of purchases contingent upon a sale are on the rise as well, meaning that people are moving up through the market. 41% of the active listings in our market have had a price reduction, showing that many sellers are reaching on pricing initially.

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About the Author

Ben Berend, ASSOCIATE BROKER | TEAM LEAD

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.