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Town comparisons › Cripple Creek vs Lake George

Cripple Creek vs Lake George

Cripple Creek and Lake George are both Colorado towns. There are 30 homes for sale in Cripple Creek and 22 in Lake George as this page loaded. Lake George is the more expensive of the two: a median asking price of $579,450 against $358,700 in Cripple Creek, about 62% higher. Homes are moving faster in Cripple Creek — a median of 40 days on market against 103 in Lake George. On months of supply both are a buyer's market right now.

Side by side

MeasureCripple CreekLake George
Homes for sale3022
New in last 30 days112
Median asking price$358,700$579,450
Median price per sq ft$271$341
Median size (sq ft)1,4091,952
Median bedrooms33
Median days on market40103
Months of supply10.39.1
Sold, last 12 months3529
Median sold price$320,000$454,300
Median days to sell14184
Sold vs asking price97.0%98.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Cripple Creek is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Lake George is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Cripple Creek

30
Homes for sale
$358,700
Median asking price
$271
Median per sq ft
40
Median days on market

Lake George

22
Homes for sale
$579,450
Median asking price
$341
Median per sq ft
103
Median days on market

Look at either town on its own

Questions people ask

Is Cripple Creek or Lake George more expensive?

Lake George is more expensive. The median asking price is $579,450 in Lake George against $358,700 in Cripple Creek. By price per square foot, Cripple Creek runs $271 and Lake George $341.

Which moves faster, Cripple Creek or Lake George?

Homes for sale in Cripple Creek have been on the market a median of 40 days, against 103 days in Lake George. Of the homes that actually closed in the last twelve months, Cripple Creek took a median of 141 days and Lake George 84.

Is Cripple Creek or Lake George the better market for a buyer?

Cripple Creek is a buyer's market and Lake George is a buyer's market, measured on months of supply — 10.3 months in Cripple Creek and 9.1 in Lake George. More months of supply means more choice and more room to negotiate, so on that measure Cripple Creek is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Cripple Creek and Lake George?

There are 30 homes for sale in Cripple Creek and 22 in Lake George as this page loaded, 11 and 2 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.