First Integrity Title Market Report

Erie, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Erie, CO

Wed Aug 04 2021
This week the median list price for Erie, CO is $735,000 with the market action index hovering around 87. This is less than last month's market action index of 91. Inventory has increased to 43. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Erie, CO

Wed Aug 04 2021
This week the median list price for Erie, CO is $735,000 with the market action index hovering around 87. This is less than last month's market action index of 91. Inventory has increased to 43. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Erie market.
Median List Price $735,000
Median Price of New Listings $733,765
Per Square Foot $225
Average Days on Market 26
Median Days on Market 7
Price Decreased 21%
Price Increased 9%
Relisted 16%
Inventory 43
Median Rent $2,695
Market Action 87
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,312,000 5,206 1 - 2.5 acres 5 4 15 5 2 14
$810,000 3,884 8,000 - 10,000 sqft 4 3 5 3 1 14
$715,000 3,808 6,500 - 8,000 sqft 4 3 11 7 4 0
$550,000 2,304 4,500 - 6,500 sqft 3 3 15 2 3 7