Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Tue Jul 05 2022
This week the median list price for Glenwood Springs, CO 81601 is $1,112,500 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has decreased to 32. Click here to stay informed with the Glenwood Springs 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.

Glenwood Springs, CO 81601

Tue Jul 05 2022
This week the median list price for Glenwood Springs, CO 81601 is $1,112,500 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has decreased to 32. Click here to stay informed with the Glenwood Springs 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 Glenwood Springs market.
Median List Price $1,112,500
Median Price of New Listings $859,000
Per Square Foot $438
Average Days on Market 75
Median Days on Market 42
Price Decreased 34%
Price Increased 3%
Relisted 0%
Inventory 32
Median Rent
Market Action 43
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$2,922,500 4,707 5 - 10 acres 4 4 29 1 0 66
$1,325,000 3,172 0.5 - 1 acre 4 3 43 1 0 31
$829,000 2,039 0.25 - 0.5 acre 3 3 39 1 2 42
$624,250 1,412 6,500 - 8,000 sqft 3 2 72 2 1 56