Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Tue Nov 13 2018
This week the median list price for Glenwood Springs, CO 81601 is $667,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 60. Click here to stay informed with the Glenwood Springs 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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Glenwood Springs, CO 81601

Tue Nov 13 2018
This week the median list price for Glenwood Springs, CO 81601 is $667,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 60. Click here to stay informed with the Glenwood Springs 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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $667,000
Per Square Foot $251
Days on Market 135
Price Decreased 38%
Price Increased 2%
Relisted 2%
Inventory 60
Median House Rent $1,998
Most Expensive $1,449,000
Least Expensive $310,000
Market Action Index
Slight Seller's Advantage
30

Prices in this zip code seem to have settled around a 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
$995,000 4,733 1 - 2.5 acres 4 4 17 0 3 213
$775,000 3,480 1 - 2.5 acres 4 3 19 0 0 167
$599,000 2,359 8,000 - 10,000 sqft 4 3 20 1 3 89
$459,000 2,062 6,500 - 8,000 sqft 3 2 39 0 2 71