First American Market Report

Erie, CO

Condos/Townhomes

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Erie, CO

Fri Feb 21 2020
This week the median list price for Erie, CO is $352,900 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 10. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Erie, CO

Fri Feb 21 2020
This week the median list price for Erie, CO is $352,900 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 10. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Erie market.
Median List Price $352,900
Per Square Foot $238
Days on Market 186
Price Decreased 10%
Price Increased 0%
Relisted 20%
Inventory 10
Median Rent $2,550
Most Expensive $1,200,000
Least Expensive $292,900
Market Action 36
Slight Seller's Advantage

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
$1,047,750 4,056 - 4 3 35 0 0 31
$385,000 1,557 0 - 4,500 sqft 3 2 2 0 0 122
$349,900 2,037 0 - 4,500 sqft 3 2 2 0 0 158
$310,000 1,271 0 - 4,500 sqft 2 2 14 0 1 359