Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Fri Oct 30 2020
This week the median list price for Glenwood Springs, CO 81601 is $874,500 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 36. Click here to stay informed with the Glenwood Springs market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Glenwood Springs, CO 81601

Fri Oct 30 2020
This week the median list price for Glenwood Springs, CO 81601 is $874,500 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 36. Click here to stay informed with the Glenwood Springs market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $874,500
Per Square Foot $281
Days on Market 96
Price Decreased 22%
Price Increased 0%
Relisted 3%
Inventory 36
Median Rent $2,550
Most Expensive $1,990,000
Least Expensive $75,000
Market Action 53
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$1,400,000 4,558 2.5 - 5 acres 4 4 15 3 2 129
$975,000 3,781 1 - 2.5 acres 4 3 18 2 1 84
$784,400 2,644 1 - 2.5 acres 4 3 15 2 5 94
$595,000 2,112 6,500 - 8,000 sqft 3 2 52 2 3 74