January 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 January 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

Jan-18 Jan-19 % change
Average Sold Price $461,516 $574,410 20%
New Listings 61 57 -7%
Active Listings 83 88 6%
Under Contract 55 38 -45%
Sold Listings 32 24 -33%
Days on Market 28 64 56%
Months Supply of Inventory 1.70 1.80 6%
Average Percent of Original List Price 99.50% 98.70% -1%
Avg. Price Per Tot Sq Ft 179 154 -16%


Month to Month

Dec-18 Jan-19 % change
Average Sold Price $522,497 $574,410 9%
New Listings 23 57 60%
Active Listings 93 88 -6%
Under Contract 43 38 -13%
Sold Listings 39 24 -63%
Days on Market 69 64 -8%
Months Supply of Inventory 1.90 1.80 -6%
Average Percent of Original List Price 98.00% 98.70% 1%
Avg. Price Per Tot Sq Ft 147 169 13%



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