First American Market Report

Greenwood Village, CO

Condos/Townhomes

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Greenwood Village, CO

Sun Jul 12 2020
This week the median list price for Greenwood Village, CO is $685,000 with the market action index hovering around 34. This is less than last month's market action index of 40. Inventory has held steady at or around 23. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Greenwood Village, CO

Sun Jul 12 2020
This week the median list price for Greenwood Village, CO is $685,000 with the market action index hovering around 34. This is less than last month's market action index of 40. Inventory has held steady at or around 23. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Greenwood Village market.
Median List Price $685,000
Per Square Foot $466
Days on Market 102
Price Decreased 48%
Price Increased 0%
Relisted 9%
Inventory 23
Median Rent
Most Expensive $3,750,000
Least Expensive $253,900
Market Action 34
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$1,200,000 2,087 1 - 2.5 acres 3 3 12 0 1 84
$860,000 1,727 1 - 2.5 acres 2 2 12 1 0 113
$461,500 1,279 0.5 - 1 acre 2 2 14 1 0 120
$292,500 899 0 - 4,500 sqft 2 2 24 1 1 88