Fri Jul 10 2020
This week the median list price for Glenwood Springs, CO 81601 is $698,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 47.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$698,000|
|Per Square Foot||$262|
|Days on Market||116|
|Slight Seller's Advantage|
Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,459,000||4,506||2.5 - 5 acres||5||4||18||0||4||213|
|$830,000||3,531||0.5 - 1 acre||4||3||21||1||1||84|
|$599,000||2,711||8,000 - 10,000 sqft||4||2||24||2||4||120|
|$502,000||1,560||6,500 - 8,000 sqft||3||2||42||1||2||53|