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Town comparisons › Drake vs Livermore

Drake vs Livermore

Drake and Livermore are both in Larimer County. There are 30 homes for sale in Drake and 42 in Livermore as this page loaded. Livermore is the more expensive of the two: a median asking price of $659,500 against $503,950 in Drake, about 31% higher. Homes are moving faster in Livermore — a median of 82 days on market against 92 in Drake. On months of supply both are a buyer's market right now.

Side by side

MeasureDrakeLivermore
Homes for sale3042
New in last 30 days75
Median asking price$503,950$659,500
Median price per sq ft$378$286
Median size (sq ft)1,4952,140
Median bedrooms23
Median days on market9282
Months of supply12.49.9
Sold, last 12 months2951
Median sold price$385,000$649,900
Median days to sell86100
Sold vs asking price96.0%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

Drake 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.
Livermore 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.

Drake

30
Homes for sale
$503,950
Median asking price
$378
Median per sq ft
92
Median days on market

Livermore

42
Homes for sale
$659,500
Median asking price
$286
Median per sq ft
82
Median days on market

Look at either town on its own

Questions people ask

Is Drake or Livermore more expensive?

Livermore is more expensive. The median asking price is $659,500 in Livermore against $503,950 in Drake. By price per square foot, Drake runs $378 and Livermore $286.

Which moves faster, Drake or Livermore?

Homes for sale in Livermore have been on the market a median of 82 days, against 92 days in Drake. Of the homes that actually closed in the last twelve months, Drake took a median of 86 days and Livermore 100.

Is Drake or Livermore the better market for a buyer?

Drake is a buyer's market and Livermore is a buyer's market, measured on months of supply — 12.4 months in Drake and 9.9 in Livermore. More months of supply means more choice and more room to negotiate, so on that measure Drake 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 Drake and Livermore?

There are 30 homes for sale in Drake and 42 in Livermore as this page loaded, 7 and 5 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.