First Integrity Title Market Report

Erie, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Erie, CO

Thu Mar 30 2023
This week the median list price for Erie, CO is $777,495 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has increased to 64. Click here to stay informed with the Erie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Erie, CO

Thu Mar 30 2023
This week the median list price for Erie, CO is $777,495 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has increased to 64. Click here to stay informed with the Erie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Erie market.
Median List Price $777,495
Median Price of New Listings $741,250
Per Square Foot $213
Average Days on Market 40
Median Days on Market 18
Price Decreased 25%
Price Increased 25%
Relisted 13%
Inventory 64
Median Rent
Market Action 53
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,046,060 4,499 8,000 - 10,000 sqft 4 3.8 3 3 2 42
$807,200 3,947 6,500 - 8,000 sqft 4 3.3 1 4 0 14
$747,500 3,616 6,500 - 8,000 sqft 4 3 1 5 3 17
$639,950 2,786 4,500 - 6,500 sqft 3 2.5 8 6 6 17