Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Sun May 29 2022
This week the median list price for Glenwood Springs, CO 81601 is $850,000 with the market action index hovering around 52. This is less than last month's market action index of 58. Inventory has increased to 29. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Glenwood Springs, CO 81601

Sun May 29 2022
This week the median list price for Glenwood Springs, CO 81601 is $850,000 with the market action index hovering around 52. This is less than last month's market action index of 58. Inventory has increased to 29. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $850,000
Median Price of New Listings $1,495,000
Per Square Foot $465
Average Days on Market 66
Median Days on Market 21
Price Decreased 17%
Price Increased 3%
Relisted 3%
Inventory 29
Median Rent
Market Action 52
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,450,000 3,680 5 - 10 acres 4 5 28 1 1 49
$1,175,000 2,752 8,000 - 10,000 sqft 4 3 46 1 1 7
$767,500 1,728 4,500 - 6,500 sqft 4 2 40 1 0 14
$525,000 1,338 8,000 - 10,000 sqft 3 2 63 0 1 52