Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Thu Sep 20 2018
This week the median list price for Glenwood Springs, CO 81601 is $657,810 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 69. 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

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

Thu Sep 20 2018
This week the median list price for Glenwood Springs, CO 81601 is $657,810 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 69. 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

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 $657,810
Per Square Foot $246
Days on Market 144
Price Decreased 52%
Price Increased 1%
Relisted 4%
Inventory 69
Median House Rent $1,675
Most Expensive $2,100,000
Least Expensive $310,000
Market Action Index
Slight Seller's Advantage
30

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,154,000 4,002 5 - 10 acres 4 3 17 2 1 233
$739,900 3,276 1 - 2.5 acres 4 3 19 0 2 192
$600,000 2,406 8,000 - 10,000 sqft 3 3 20 1 1 63
$457,000 2,062 8,000 - 10,000 sqft 3 2 27 1 3 91