Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Sat Feb 27 2021
This week the median list price for Glenwood Springs, CO 81601 is $849,000 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has held steady at or around 17. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Glenwood Springs, CO 81601

Sat Feb 27 2021
This week the median list price for Glenwood Springs, CO 81601 is $849,000 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has held steady at or around 17. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $849,000
Per Square Foot $338
Days on Market 98
Price Decreased 29%
Price Increased 6%
Relisted 6%
Inventory 17
Median Rent $2,375
Most Expensive $3,195,000
Least Expensive $500,000
Market Action 46
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,752,500 4,550 10 - 20 acres 3 3 9 0 1 199
$905,500 2,740 0.25 - 0.5 acre 3 2 1 1 2 49
$767,000 2,272 0.25 - 0.5 acre 3 2 11 1 3 52
$592,000 2,130 0.5 - 1 acre 3 2 40 1 3 105