Market Report

Glenwood Springs, CO 81601

Single-Family Homes

www.titlecorockies.com



Glenwood Springs, CO 81601

Thu Feb 21 2019
This week the median list price for Glenwood Springs, CO 81601 is $744,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 56. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Glenwood Springs, CO 81601

Thu Feb 21 2019
This week the median list price for Glenwood Springs, CO 81601 is $744,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 56. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glenwood Springs market.
Median List Price $744,000
Per Square Foot $252
Days on Market 150
Price Decreased 29%
Price Increased 5%
Relisted 11%
Inventory 56
Median House Rent $2,700
Most Expensive $1,995,000
Least Expensive $295,000
Market Action Index
Slight Seller's Advantage
30

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
$1,097,500 3,996 5 - 10 acres 4 3 18 0 0 236
$829,975 3,456 1 - 2.5 acres 4 3 22 1 0 170
$634,500 2,429 8,000 - 10,000 sqft 3 2 15 4 5 95
$527,000 2,146 8,000 - 10,000 sqft 3 2 40 1 1 98