New Listings were down 35.1 percent for single family homes but increased
40.4 percent for townhouse-condo properties. Pending Sales decreased 5.7
percent for single family homes and 4.0 percent for townhouse-condo
properties.


The Median Sales Price was up 18.9 percent to $882,500 for single family
homes and 13.9 percent to $424,200 for townhouse-condo properties. Days on
Market increased 31.0 percent for single family homes but decreased 10.3
percent for townhouse-condo properties.


This winter and spring exhibited unseasonal weather patterns in much of the
country. As the seasons change to something more palatable, wages and
consumer spending are both up, on average, which should translate positively
for the housing market. Being quick with an offer is still the rule of the day as the
number of days a home stays on the market drops lower. If that wasn't enough
for buyers to mull over with each potential offer, being aware of pending
mortgage rate increases is once again in fashion.

CLICK ↓BELOW↓ for detailed PDF market report

April: Steamboat Market Profile

↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑↑

 

Key Metrics 4-2017 4-2018 Percent Change YTD 2017 YTD 2018 Percent Change
New Listings 47 66 + 40.4% 247 227 - 8.1%
Pending Sales 50 48 - 4.0% 169 177 + 4.7%
Sold Listings 42 52 +23.8% 162 159 -1.9%
Median Sales Price $372,500 $424,200 + 13.9% $375,000 $401,000 + 6.9%
Average Sales Price $573,495 $496,850 - 13.4% $523,973 $470,988 - 10.1%
Pct. of List Price Received 95.2% 97.0% + 1.9% 96.7% 97.1% + 0.4%
Days on Market 107 96 -10.3% 116 103 -11.2%
Active Listings 371 231 -37.7%      
Months Supply 7.7 4.5 -41.6%