Your Local Market Report

Greenwood Village, CO

Condos/Townhomes

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Greenwood Village, CO

Thu Mar 28 2024
This week the median list price for Greenwood Village, CO is $652,500 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 16. Click here to stay informed with the Greenwood Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Greenwood Village, CO

Thu Mar 28 2024
This week the median list price for Greenwood Village, CO is $652,500 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 16. Click here to stay informed with the Greenwood Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Greenwood Village market.
Median List Price $652,500
Median Price of New Listings $492,500
Per Square Foot $490
Average Days on Market 45
Median Days on Market 28
Price Decreased 44%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,350,000 1,726 1 - 2.5 acres 2 2.3 16 0 0 28
$692,450 1,590 1 - 2.5 acres 2 2.8 16 0 0 59
$605,000 1,121 0 - 4,500 sqft 1 1.5 25 1 0 35
$360,000 877 0 - 4,500 sqft 1 1.5 35 1 0 24