Is Gleneagle, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gleneagle is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Gleneagle has remained a Buyer's Market.

Key Takeaway

Gleneagle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gleneagle, CO

How much do homes in Gleneagle, CO cost?

Median Sold Price

$629,500

$213/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$9,500(-1.5%)

Key Takeaway

Homes in Gleneagle have sold for 1.5% less than they did a month ago.

Summary: The median home sold price in Gleneagle was $629,500 in October 2024, down 1.5% from last month, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $650K$575K
-11.5%
4 $496.7K$414.2K
-16.6%
5+ $1.1M$680K
-39.1%

Summary: Gleneagle housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes decreased by 39.1%.

Median Sold Price Compared To Nearby Neighborhoods

Gleneagle
-1.5%
Fox Run
-3.9%
Northgate Area
-20.6%
Flying Horse
-22.1%

Housing Supply in Gleneagle, CO

How many homes are available in Gleneagle, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5056+12.0%

Summary: The Gleneagle real estate market had 56 homes for sale in October 2024, a 12.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1111
0.0%
4 1316
+23.1%
5+ 2528
+12.0%

Summary: The Gleneagle housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 12%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gleneagle, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Gleneagle in October 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for Gleneagle, CO

How long does it take to sell a home in Gleneagle, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
31 Days33 Days+6.4%

Summary: Homes in Gleneagle had an average of 33 days on market in Oct 2024, up by 6.4% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gleneagle are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Gleneagle; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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