Market Report

Glenwood Springs, CO 81601

Single-Family Homes

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Glenwood Springs, CO 81601

Thu Dec 08 2022
This week the median list price for Glenwood Springs, CO 81601 is $1,097,000 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has decreased to 24. 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

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 Dec 08 2022
This week the median list price for Glenwood Springs, CO 81601 is $1,097,000 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has decreased to 24. 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

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 $1,097,000
Median Price of New Listings $749,000
Per Square Foot $396
Average Days on Market 106
Median Days on Market 98
Price Decreased 33%
Price Increased 8%
Relisted 8%
Inventory 24
Median Rent
Market Action 40
Slight Seller's Advantage

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
$1,587,500 3,592 5 - 10 acres 4 4 27 0 0 45
$1,274,500 3,496 0.5 - 1 acre 4 3.5 25 0 0 119
$851,350 1,726 2.5 - 5 acres 3 2 37 0 1 101
$684,500 1,845 8,000 - 10,000 sqft 3 3 20 1 0 98