First American Market Report

Elizabeth, CO

Single-Family Homes

First American Title | 303.305.1350 | www.firstam.com/title/co



Elizabeth, CO

Sun Jul 12 2020
This week the median list price for Elizabeth, CO is $599,800 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 53. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Elizabeth, CO

Sun Jul 12 2020
This week the median list price for Elizabeth, CO is $599,800 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 53. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Elizabeth market.
Median List Price $599,800
Per Square Foot $236
Days on Market 74
Price Decreased 40%
Price Increased 8%
Relisted 11%
Inventory 53
Median Rent
Most Expensive $4,900,000
Least Expensive $220,000
Market Action 45
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
$999,900 3,468 10 - 20 acres 4 3 16 1 2 103
$660,000 3,207 2.5 - 5 acres 4 3 23 1 2 60
$545,000 2,581 1 - 2.5 acres 4 3 13 3 2 108
$432,500 1,736 0.25 - 0.5 acre 3 2 4 2 5 25