Market Intelligence Report — CO-460

Steamboat Springs, CO

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CO-08
As of the latest 2026 data
Very Weak

Median Listing

$895K
-3.2% YoY

Pending Ratio

0.24
-1.9% YoY

Active Inventory

544
+3.0% YoY

Median DOM

80 Days
+5.3% YoY

Primary Intelligence Tool — Sold Score™

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The Steamboat Springs market is currently classified as Very Weak, with a pending ratio of 0.24 indicating that demand absorption is significantly lagging behind available supply. The median listing price has experienced a year-over-year decline of 3.2%, settling at $895,000, underscoring prevailing downward price pressure.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Steamboat Springs market right now.

Active listings have shown a modest 3.0% increase year-over-year, reaching 544 units, while new listings decreased by 11.1% over the same period. The median days on market has extended to 80 days, representing a 5.3% increase from the prior year, suggesting a slower absorption of available properties. The pending ratio stands at 0.24, reflecting a persistent imbalance where demand is not keeping pace with the existing inventory.

Historical Analysis

Market Trends

Median Price

$895K-4.3% MoM

Active Inventory

544+3.0% YoY

Days on Market

80+5.3% YoY

Sold Score™

31-1.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that prospective purchasers may find increased scope for price discipline and negotiation due to the substantial inventory levels relative to demand. The extended median days on market and the low pending ratio indicate that properties are taking longer to move from active to pending status, which can exert pressure on sellers regarding pricing and terms.

Luxury Segment

The luxury segment in Steamboat Springs exhibits notable softness, with the average listing price up 14.7% year-over-year to $2,088,585, yet the median listing price declined 3.2%. This divergence, alongside a 2.2% year-over-year decrease in median $/sqft to $671, suggests that elevated-tier properties are facing reduced price resilience despite an increase in average list prices, potentially due to compositional shifts or a concentration of higher-priced, slower-moving inventory.

Supply Dynamics

544 active listings represent the current floor, with new supply arriving at roughly 96 per month.

Pricing Pressure
20.3%

of active listings carry a price reduction, -0.3% from prior period.

$/Sq Ft
$1K

Median price per square foot has moved -2.2% year-over-year.

Absorption
0.24

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Steamboat Springs, CO? Homes here are taking 4 days longer to sell than last year.

Buyers have leverage in Steamboat Springs, CO. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
24%
Median Days on Market
80 days
Inventory YoY
+3%

In a buyer's market, strategy beats timing. See how your home scores in Steamboat Springs, CO and what moves the number.

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Metro Demographics

Metro Area
Steamboat Springs, CO
CBSA Code
44460
State
CO

ZIPs in Steamboat Springs, CO

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Steamboat Springs?+

    As of the latest 2026 data, the Steamboat Springs metro is classified as Very Weak. Pending ratio is 0.24 with median days on market at 80.

  • Are home prices dropping in Steamboat Springs?+

    Median listing price is $895K, -3.2% year over year. 20.3% of active listings carry a price reduction.

  • How fast are homes selling in Steamboat Springs?+

    The typical listing sits 80 days on market, a +5.3% change YoY. New listings are arriving at 96 per month.

  • What's happening in the Steamboat Springs luxury market?+

    The luxury segment in Steamboat Springs exhibits notable softness, with the average listing price up 14.7% year-over-year to $2,088,585, yet the median listing price declined 3.2%. This divergence, alongside a 2.2% year-over-year decrease in median $/sqft to $671, suggests that elevated-tier properties are facing reduced price resilience despite an increase in average list prices, potentially due to compositional shifts or a concentration of higher-priced, slower-moving inventory.

  • Where can I find a trusted Steamboat Springs real estate expert?+

    Primpted maintains a vetted registry of Steamboat Springs agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 44460 · 36mo history