Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Mon Jun 17 2024
This week the median list price for Glenwood Springs, CO 81601 is $1,497,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has increased to 38. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Glenwood Springs, CO 81601

Mon Jun 17 2024
This week the median list price for Glenwood Springs, CO 81601 is $1,497,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has increased to 38. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $1,497,000
Median Price of New Listings $950,000
Per Square Foot $517
Average Days on Market 82
Median Days on Market 35
Price Decreased 39%
Price Increased 5%
Relisted 5%
Inventory 38
Median Rent
Market Action 41
Slight Seller's Advantage

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$2,595,000 3,919 1 - 2.5 acres 4 4 11 1 0 28
$1,825,000 4,064 0.25 - 0.5 acre 4 3.5 16 0 4 35
$1,375,000 2,730 0.25 - 0.5 acre 4 3.3 8 1 0 42
$860,000 1,778 8,000 - 10,000 sqft 3 2 46 2 3 28