Fri Sep 30 2022
This week the median list price for Glenwood Springs, CO 81601 is $999,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 35.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$999,000|
|Median Price of New Listings||$799,000|
|Per Square Foot||$445|
|Average Days on Market||73|
|Median Days on Market||63|
|Slight Seller's Advantage|
In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,595,000||3,528||0.5 - 1 acre||4||4||25||1||0||108|
|$1,250,000||2,655||1 - 2.5 acres||3||3||31||0||0||42|
|$850,000||2,034||1 - 2.5 acres||3||3||41||1||2||77|
|$725,000||1,632||6,500 - 8,000 sqft||3||2||49||1||1||42|