Glenwood Springs, CO

Buyer's market-31.0% YoY

Housing market overview · Updated weekly

$564,000median sale price

Homes sold

7

Last 12 weeks

Days on market

95

Average pace

Active listings

36

5.1 months supply

Sale-to-list

93.1%

Below asking

The Glenwood Springs housing market is currently classified as a buyer's market with a median sale price of $564,000. Prices have fallen 31.0% compared to last year, with homes spending an average of 95 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Glenwood Springs?

The median home sale price in Glenwood Springs is $564,000, down 31.0% from last year.

How long do homes stay on market in Glenwood Springs?

Homes typically spend 95 days on market before going under contract.

Is Glenwood Springs a buyer's or seller's market?

With 5.1 months of supply, Glenwood Springs is currently a buyer's market.

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