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

Last month, Gleneagle was a Seller'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

$1,707,500

$265/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,027,500(+151.1%)

Key Takeaway

Homes in Gleneagle have sold for 151.1% more than they did a month ago.

Summary: The median home sold price in Gleneagle was $1,707,500 in November 2024, up 151.1% from last month, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $575K-
N/A
4 $430K-
N/A
5+ $680K$1.7M
+151.1%

Summary: Gleneagle housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 151.1%.

Median Sold Price Compared To Nearby Neighborhoods

Gleneagle
+151.1%
Northgate Area
+25.7%
Jackson Creek
-0.9%
Flying Horse
-1.7%
Fox Run
-22.8%

Housing Supply in Gleneagle, CO

How many homes are available in Gleneagle, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4744-6.4%

Summary: The Gleneagle real estate market had 44 homes for sale in November 2024, a 6.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 911
+22.2%
4 1312
-7.7%
5+ 2521
-16.0%

Summary: The Gleneagle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 16%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gleneagle, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Gleneagle in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Oct 2024Nov 2024CHANGE
42 Days70 Days+65.1%

Summary: Homes in Gleneagle had an average of 70 days on market in Nov 2024, up by 65.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gleneagle has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Gleneagle; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 23 Days Ago

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