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Town comparisons › Deer Trail vs Elizabeth

Deer Trail vs Elizabeth

Deer Trail and Elizabeth are both Colorado towns. There are 19 homes for sale in Deer Trail and 155 in Elizabeth as this page loaded. Elizabeth is the more expensive of the two: a median asking price of $719,900 against $399,800 in Deer Trail, about 80% higher. Homes are moving faster in Deer Trail — a median of 67 days on market against 77 in Elizabeth. Deer Trail is a buyer's market right now and Elizabeth is a balanced market.

Side by side

MeasureDeer TrailElizabeth
Homes for sale19155
New in last 30 days332
Median asking price$399,800$719,900
Median price per sq ft$260$297
Median size (sq ft)1,4802,503
Median bedrooms34
Median days on market6777
Months of supply7.14.2
Sold, last 12 months32441
Median sold price$403,000$640,000
Median days to sell8991
Sold vs asking price99.0%99.0%

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

Deer Trail 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.
Elizabeth is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Deer Trail

19
Homes for sale
$399,800
Median asking price
$260
Median per sq ft
67
Median days on market

Elizabeth

155
Homes for sale
$719,900
Median asking price
$297
Median per sq ft
77
Median days on market

Look at either town on its own

Questions people ask

Is Deer Trail or Elizabeth more expensive?

Elizabeth is more expensive. The median asking price is $719,900 in Elizabeth against $399,800 in Deer Trail. By price per square foot, Deer Trail runs $260 and Elizabeth $297.

Which moves faster, Deer Trail or Elizabeth?

Homes for sale in Deer Trail have been on the market a median of 67 days, against 77 days in Elizabeth. Of the homes that actually closed in the last twelve months, Deer Trail took a median of 89 days and Elizabeth 91.

Is Deer Trail or Elizabeth the better market for a buyer?

Deer Trail is a buyer's market and Elizabeth is a balanced market, measured on months of supply — 7.1 months in Deer Trail and 4.2 in Elizabeth. More months of supply means more choice and more room to negotiate, so on that measure Deer Trail 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 Deer Trail and Elizabeth?

There are 19 homes for sale in Deer Trail and 155 in Elizabeth as this page loaded, 3 and 32 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.