Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Tue Sep 28 2021
This week the median list price for Glenwood Springs, CO 81601 is $870,000 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has decreased to 21. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Glenwood Springs, CO 81601

Tue Sep 28 2021
This week the median list price for Glenwood Springs, CO 81601 is $870,000 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has decreased to 21. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $870,000
Median Price of New Listings $849,750
Per Square Foot $443
Average Days on Market 69
Median Days on Market 56
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent $1,950
Market Action 53
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$3,950,000 6,597 0.25 - 0.5 acre 6 6 20 0 1 42
$1,100,000 2,130 1 - 2.5 acres 4 3 19 2 2 70
$799,000 2,387 6,500 - 8,000 sqft 4 3 34 0 1 63
$549,750 911 0.25 - 0.5 acre 3 1 58 2 2 31