First Integrity Title Market Report

Greenwood Village, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Greenwood Village, CO

Mon Apr 22 2019
This week the median list price for Greenwood Village, CO is $507,450 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 16. Click here to stay informed with the Greenwood Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Greenwood Village, CO

Mon Apr 22 2019
This week the median list price for Greenwood Village, CO is $507,450 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 16. Click here to stay informed with the Greenwood Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Greenwood Village market.
Median List Price $507,450
Per Square Foot $297
Days on Market 68
Price Decreased 56%
Price Increased 0%
Relisted 0%
Inventory 16
Median Apartment Rent
Most Expensive $1,799,995
Least Expensive $295,000
Market Action Index
Strong Seller's Market
46

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,095,000 2,278 - 3 2 11 0 0 106
$597,500 2,180 0 - 4,500 sqft 3 2 12 1 1 24
$439,200 2,018 0 - 4,500 sqft 2 3 14 0 0 92
$317,500 1,210 0 - 4,500 sqft 2 2 15 0 0 49