Steamboat Springs Q2 2026 Market Update Report

Steamboat Springs Market Update The Group Real Estate

Developments and Community News

Final Plat approved for a 29 lot Industrial Park at the Steamboat Springs Airport is on schedule for completion October this fall. 17 of 29 lots are U/C.

Steamboat Springs is experiencing a wave of new developments, including residential communities, commercial spaces, and Large Condominiums developments at the base of the ski area.

 

June 2025 YTD June 2026 YTD %+-
VELOCITY (Source Steamboat Springs – MLS & AI)
Commercial Sales Volume

$14,026,000

$17,070,000

18%

Commercial Transactions 20 21 5%
VACANCY RATE  7% 7% 0%
CAP RATE  5.5 6 8%
SALES TAX INDICATORS (Source – Town/City of Steamboat Springs)
All Sales Tax

$22,568,000

 $21,857,000

-3%
Lodging Taxes

$5,681,000

 $5,227,000

-8%

About The Author

Ron Wendler, The Group Inc, Steamboat

Ron has been in his Real Estate business for over 26 years with living in Steamboat Springs for over 40. With that said Ron has extreme knowledge in all aspects of Real Estate sales and investing. Founder of Colorado Group Realty in 1996 and merged with The Group Inc. out of Ft Collins in 2022. Now with close to 400 Brokers in Northern Colorado he has the market surrounded He has what you need to improve your portfolio. Within our referral network entire network we can represent you in all aspects of cash flow real estate investments, commercial and residential developments and not to mention our experience in residential/luxury home sales, ranches and recreation properties.