Homes in the Downtown, Fish Creek, Mountain and West Steamboat Springs areas priced $700,000 to $1,000,000 sees declining inventory. There was 19 new listings in these areas since June 1st, 2017 in this price range and 22 sales. Out of 19 new listings, 4 are already sold / closed and there are 4 pending sales to date.  Not only are we seeing fewer homes come on the market in these areas, about 50% of new listings are sold rather quickly (30 days or less). Downtown Steamboat Springs saw just one sale in this price range and it sold in 1 day. There were 2 sales in West Steamboat, 1 was gone the day it was listed and the home pictured left on 27429 Brandon Circle listed by Dean Laird with Colorado Group Realty at $729,000 was under contract in 23 days.