Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Thu Sep 21 2023
This week the median list price for Glenwood Springs, CO 81601 is $1,295,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 29. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Glenwood Springs, CO 81601

Thu Sep 21 2023
This week the median list price for Glenwood Springs, CO 81601 is $1,295,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 29. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $1,295,000
Median Price of New Listings $1,175,000
Per Square Foot $413
Average Days on Market 104
Median Days on Market 63
Price Decreased 55%
Price Increased 7%
Relisted 3%
Inventory 29
Median Rent
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$2,250,000 3,399 2.5 - 5 acres 5 4 7 1 1 56
$1,395,000 3,442 0.5 - 1 acre 4 4 31 0 0 77
$1,199,000 2,640 1 - 2.5 acres 4 3 37 0 0 91
$764,500 1,993 8,000 - 10,000 sqft 3 2.5 37 1 1 56