First Integrity Title Market Report

Greenwood Village, CO

Single-Family Homes

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Greenwood Village, CO

Fri Dec 13 2024
This week the median list price for Greenwood Village, CO is $1,995,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has decreased to 17. Click here to stay informed with the Greenwood Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Greenwood Village, CO

Fri Dec 13 2024
This week the median list price for Greenwood Village, CO is $1,995,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has decreased to 17. Click here to stay informed with the Greenwood Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Greenwood Village market.
Median List Price $1,995,000
Median Price of New Listings $0
Per Square Foot $443
Average Days on Market 144
Median Days on Market 126
Price Decreased 65%
Price Increased 0%
Relisted 18%
Inventory 17
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$6,400,000 7,774 1 - 2.5 acres 5 5.6 23 0 0 185
$2,646,500 5,754 0.5 - 1 acre 5 4.1 49 0 1 115
$1,817,750 4,378 0.25 - 0.5 acre 5 4 35 0 0 105
$1,219,000 3,795 0.25 - 0.5 acre 5 3 51 0 1 70