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Town comparisons › Glenwood Springs vs New Castle

Glenwood Springs vs New Castle

Glenwood Springs and New Castle are both in Garfield County. There are 5 homes for sale in Glenwood Springs and 9 in New Castle as this page loaded. Glenwood Springs is the more expensive of the two: a median asking price of $1,290,000 against $899,000 in New Castle, about 43% higher. Homes are moving faster in New Castle — a median of 89 days on market against 107 in Glenwood Springs. Glenwood Springs is a balanced market right now and New Castle is a buyer's market.

Side by side

MeasureGlenwood SpringsNew Castle
Homes for sale59
New in last 30 days01
Median asking price$1,290,000$899,000
Median price per sq ft$374$359
Median size (sq ft)3,5282,168
Median bedrooms54
Median days on market10789
Months of supply5.527.0
Sold, last 12 months114
Median sold price$865,500$631,000
Median days to sell6962
Sold vs asking price98.0%99.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Glenwood Springs is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
New Castle is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Glenwood Springs

5
Homes for sale
$1,290,000
Median asking price
$374
Median per sq ft
107
Median days on market

New Castle

9
Homes for sale
$899,000
Median asking price
$359
Median per sq ft
89
Median days on market

Look at either town on its own

Questions people ask

Is Glenwood Springs or New Castle more expensive?

Glenwood Springs is more expensive. The median asking price is $1,290,000 in Glenwood Springs against $899,000 in New Castle. By price per square foot, Glenwood Springs runs $374 and New Castle $359.

Which moves faster, Glenwood Springs or New Castle?

Homes for sale in New Castle have been on the market a median of 89 days, against 107 days in Glenwood Springs. Of the homes that actually closed in the last twelve months, Glenwood Springs took a median of 69 days and New Castle 62.

Is Glenwood Springs or New Castle the better market for a buyer?

Glenwood Springs is a balanced market and New Castle is a buyer's market, measured on months of supply — 5.5 months in Glenwood Springs and 27.0 in New Castle. More months of supply means more choice and more room to negotiate, so on that measure New Castle is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Glenwood Springs and New Castle?

There are 5 homes for sale in Glenwood Springs and 9 in New Castle as this page loaded, 0 and 1 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.