$8,301 Closing Credit*
$699,000
852 SqFt
4 Beds
•3 Baths
Michael Turner, Listing Office: LIV Sotheby's International Realty
Is Gleneagle, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $650K | $575K | -11.5% |
| 4 Bedrooms | $496.7K | $414.2K | -16.6% |
| 5+ Bedrooms | $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 | $639K | $629.5K | -1.5% |
| Fox Run | $1.0M | $985K | -3.9% |
| Northgate Area | $792.5K | $629.5K | -20.6% |
| Flying Horse | $1.1M | $865K | -22.1% |
Housing Supply in Gleneagle, CO
How many homes are available in Gleneagle, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 56 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 25 | 28 | +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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 33 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
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.
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