Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Fri Jul 10 2020
This week the median list price for Glenwood Springs, CO 81601 is $698,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 47. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Glenwood Springs, CO 81601

Fri Jul 10 2020
This week the median list price for Glenwood Springs, CO 81601 is $698,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 47. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $698,000
Per Square Foot $262
Days on Market 116
Price Decreased 28%
Price Increased 0%
Relisted 0%
Inventory 47
Median Rent $2,550
Most Expensive $5,750,000
Least Expensive $439,000
Market Action 35
Slight Seller's Advantage

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,459,000 4,506 2.5 - 5 acres 5 4 18 0 4 213
$830,000 3,531 0.5 - 1 acre 4 3 21 1 1 84
$599,000 2,711 8,000 - 10,000 sqft 4 2 24 2 4 120
$502,000 1,560 6,500 - 8,000 sqft 3 2 42 1 2 53