Market Report

Glenwood Springs, CO 81601

Single-Family Homes

www.titlecorockies.com



Glenwood Springs, CO 81601

Fri Apr 19 2019
This week the median list price for Glenwood Springs, CO 81601 is $717,500 with the market action index hovering around 32. This is an increase over last month's market action index of 29. Inventory has held steady at or around 46. 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

Fri Apr 19 2019
This week the median list price for Glenwood Springs, CO 81601 is $717,500 with the market action index hovering around 32. This is an increase over last month's market action index of 29. Inventory has held steady at or around 46. 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 $717,500
Per Square Foot $249
Days on Market 155
Price Decreased 26%
Price Increased 7%
Relisted 4%
Inventory 46
Median House Rent $2,200
Most Expensive $1,995,000
Least Expensive $429,000
Market Action Index
Slight Seller's Advantage
32

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
$1,095,000 4,678 5 - 10 acres 5 4 18 0 0 307
$810,000 3,172 1 - 2.5 acres 4 3 22 0 1 117
$680,000 2,561 0.25 - 0.5 acre 3 2 12 0 0 97
$580,000 2,320 6,500 - 8,000 sqft 3 2 26 2 5 108