First Integrity Title Market Report

Erie, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Erie, CO

Wed Jun 26 2019
This week the median list price for Erie, CO is $339,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 26. Click here to stay informed with the Erie market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Erie, CO

Wed Jun 26 2019
This week the median list price for Erie, CO is $339,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 26. Click here to stay informed with the Erie market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Erie market.
Median List Price $339,900
Per Square Foot $235
Days on Market 85
Price Decreased 19%
Price Increased 0%
Relisted 8%
Inventory 26
Median Apartment Rent $2,433
Most Expensive $875,000
Least Expensive $260,000
Market Action Index
Slight Seller's Advantage
36

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
$447,450 2,320 0 - 4,500 sqft 3 2 1 1 2 92
$362,450 2,037 0 - 4,500 sqft 3 2 0 0 0 57
$310,000 1,271 0 - 4,500 sqft 2 2 13 1 1 142
$284,999 1,156 - 2 2 13 2 0 46