Kirk Wittig

Erie, CO

Single-Family Homes

Real Estate Consultant | Boulder County Realty | 720-339-1500



Erie, CO

Fri Sep 30 2022
This week the median list price for Erie, CO is $750,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 90. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Fri Sep 30 2022
This week the median list price for Erie, CO is $750,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 90. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $750,000
Median Price of New Listings $717,450
Per Square Foot $225
Average Days on Market 47
Median Days on Market 32
Price Decreased 47%
Price Increased 1%
Relisted 30%
Inventory 90
Median Rent
Market Action 49
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
$1,200,000 5,232 0.25 - 0.5 acre 5 5 11 6 2 14
$877,000 4,076 0.25 - 0.5 acre 5 4 18 1 4 56
$709,900 3,398 4,500 - 6,500 sqft 4 3 6 7 4 21
$625,000 2,202 4,500 - 6,500 sqft 3 3 3 6 5 28