Your Local Market Report

Elizabeth, CO

Single-Family Homes

First American Title | www.firstam.com/title/co



Elizabeth, CO

Tue Mar 02 2021
This week the median list price for Elizabeth, CO is $645,000 with the market action index hovering around 82. This is an increase over last month's market action index of 77. Inventory has held steady at or around 9. Click here to stay informed with the Elizabeth market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Elizabeth, CO

Tue Mar 02 2021
This week the median list price for Elizabeth, CO is $645,000 with the market action index hovering around 82. This is an increase over last month's market action index of 77. Inventory has held steady at or around 9. Click here to stay informed with the Elizabeth market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Elizabeth market.
Median List Price $645,000
Per Square Foot $191
Days on Market 35
Price Decreased 22%
Price Increased 33%
Relisted 22%
Inventory 9
Median Rent $2,800
Most Expensive $3,999,900
Least Expensive $490,800
Market Action 82
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,999,950 21,158 N/A 3 3 22 0 0 276
$825,250 4,252 N/A 3 3 10 0 2 49
$606,239 5,552 6,500 - 8,000 sqft 3 3 26 0 1 49
$499,900 2,569 0.25 - 0.5 acre 4 3 1 1 1 28