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Town comparisons › Elbert vs Fountain

Elbert vs Fountain

Elbert and Fountain are both in El Paso County. There are 14 homes for sale in Elbert and 43 in Fountain as this page loaded. Elbert is the more expensive of the two: a median asking price of $1,124,950 against $424,900 in Fountain, about 165% higher. Homes are moving faster in Fountain — a median of 68 days on market against 86 in Elbert. On months of supply both are a balanced market right now.

Side by side

MeasureElbertFountain
Homes for sale1443
New in last 30 days38
Median asking price$1,124,950$424,900
Median price per sq ft$410$217
Median size (sq ft)2,7622,058
Median bedrooms44
Median days on market8668
Months of supply3.74.3
Sold, last 12 months46120
Median sold price$700,000$420,000
Median days to sell10863
Sold vs asking price98.0%100.0%

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

Elbert 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.
Fountain 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.

Elbert

14
Homes for sale
$1,124,950
Median asking price
$410
Median per sq ft
86
Median days on market

Fountain

43
Homes for sale
$424,900
Median asking price
$217
Median per sq ft
68
Median days on market

Look at either town on its own

Questions people ask

Is Elbert or Fountain more expensive?

Elbert is more expensive. The median asking price is $1,124,950 in Elbert against $424,900 in Fountain. By price per square foot, Elbert runs $410 and Fountain $217.

Which moves faster, Elbert or Fountain?

Homes for sale in Fountain have been on the market a median of 68 days, against 86 days in Elbert. Of the homes that actually closed in the last twelve months, Elbert took a median of 108 days and Fountain 63.

Is Elbert or Fountain the better market for a buyer?

Elbert is a balanced market and Fountain is a balanced market, measured on months of supply — 3.7 months in Elbert and 4.3 in Fountain. More months of supply means more choice and more room to negotiate, so on that measure Fountain 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 Elbert and Fountain?

There are 14 homes for sale in Elbert and 43 in Fountain as this page loaded, 3 and 8 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.