Erie

February 2019 Real Estate Market Report for Erie

mikejgold Real Estate Market Reports Leave a Comment

How is the real estate market in Erie? In the video above I will outline the fundamentals of the Erie Colorado real estate market by reviewing demand (sold and under contract listings) and supply levels (active and new listings) within the city of Erie for the month of February 2019 as well as review where the market has been via lagging indicators (sales price), and current market health with month’s supply of inventory, days on market and list to sales price ratio.

Oh, by the way, do not forget to check out how the overall metro Denver Real Estate market is doing by clicking here!

Year to Year

Feb-18 Feb-19 % change
Average Sold Price US$ 484,158 US$ 493,588 2%
New Listings 49 66 26%
Active Listings 91 103 12%
Under Contract 50 59 15%
Sold Listings 40 31 -29%
Days on Market 35 63 44%
Months Supply of Inventory 1.8 2.10 14%
Average Percent of Original List Price 99.7% 98.60% -1%
Avg. Price Per Tot Sq Ft 157 163 4%

Month to Month

Jan-19 Feb-19 % change
Average Sold Price US$ 574,420 US$ 493,588 -16%
New Listings 57 66 14%
Active Listings 88 103 15%
Under Contract 38 59 36%
Sold Listings 24 31 23%
Days on Market 64 63 -2%
Months Supply of Inventory 1.8 2.10 14%
Average Percent of Original List Price 98.7% 98.60% -0%
Avg. Price Per Tot Sq Ft 154 163 6%

 

 

 

 

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mikejgold