First Integrity Title Market Report
Greenwood Village, CO
Single-Family Homes
www.FirstIntegrityTitle.com | 888-636-0372
Greenwood Village, CO
Mon Dec 04 2023
This week the median list price for Greenwood Village, CO is $3,395,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has decreased to 17.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
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
| Median List Price | $3,395,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $450 | |
| Average Days on Market | 87 | |
| Median Days on Market | 70 | |
| Price Decreased | 35% | |
| Price Increased | 12% | |
| Relisted | 0% | |
| Inventory | 17 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
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 |
|---|---|---|---|---|---|---|---|---|
| $5,147,500 | 10,862 | 1 - 2.5 acres | 5 | 5.8 | 19 | 0 | 0 | 157 |
| $4,025,000 | 9,333 | 1 - 2.5 acres | 5 | 5 | 26 | 0 | 0 | 52 |
| $2,674,495 | 6,202 | 0.5 - 1 acre | 4 | 4.3 | 34 | 0 | 1 | 59 |
| $1,699,000 | 4,271 | 0.25 - 0.5 acre | 3 | 3 | 51 | 0 | 1 | 98 |