Is Elizabeth, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Elizabeth has remained a Seller's Market.
Housing Prices in Elizabeth, CO
How much do homes in Elizabeth, CO cost?
Median Sold Price
$644,333
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Elizabeth was $644,333 in March 2024, down 3.3% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $499.9K | $532.5K | +6.5% |
3 Bedrooms | $589.9K | $575K | -2.5% |
4 Bedrooms | $669K | $647K | -3.3% |
5+ Bedrooms | $819.9K | $775K | -5.5% |
Summary: Elizabeth housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Elizabeth, CO
How many homes are available in Elizabeth, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
121 | 129 | +6.6% |
Summary: The Elizabeth real estate market had 129 homes for sale in March 2024, a 6.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 41 | 50 | +22.0% |
5+ Bedrooms | 38 | 39 | +2.6% |
Summary: The Elizabeth housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 2.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 23 | -28.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Elizabeth in March 2024, down by 28.1% month-over-month. Of the 23 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% were sold over asking.
Days on Market for Elizabeth, CO
How long does it take to sell a home in Elizabeth, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
102 Days | 75 Days | -25.7% |
Summary: Homes in Elizabeth had an average of 75 days on market in Mar 2024, down by 25.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Elizabeth; 30% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.