Steamboat Springs August Market Report

Routt County Residential Market Statistics For August 2022

• Selling a home in August of this year was 40% faster than August of ’21 with 25 days on market vs 42 days on market last year
• New Listings of residential properties were down 45%, meaning inventory is tight and its a good time to list a home
• With only 84 homes pending in August of ’22, we saw a 34% decline from the 127 pending in August last year
• The average price of a residential home in Steamboat Springs rose 16% to $1.278m