January 26, 2018

Erie 2018 Real Estate Market Forecast

By Mary Ellis

Erie CO housing market has strong demand creating frustrated buyers. Tight inventory has kept many buyers from achieving their dreams of homeownership. Northern Colorado is building households faster than houses, which will mean continued upward pressure on housing prices according to economist reports at BizWest’s annual Economic Forecast. Rent growth is outpacing both inflation and wage growth.


Erie CO median list price is $569,000 accoring to Altos. Price per square foot is $141. The lease expensive home sold in Erie in 2017 was $170,500, described as rough, sold in 3 days. Currently, the least expensive home on the market is $267,000, a townhome. The most expensive homes sold were $1,775,000 and $1,800,000. The most expensive home currently for sale is priced at $3,450,000. 

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