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Town comparisons › Elizabeth vs Parker

Elizabeth vs Parker

Elizabeth and Parker are both Colorado towns. There are 155 homes for sale in Elizabeth and 564 in Parker as this page loaded. Elizabeth is the more expensive of the two: a median asking price of $719,900 against $699,000 in Parker, about 3% higher. Homes are moving faster in Parker — a median of 54 days on market against 77 in Elizabeth. On months of supply both are a balanced market right now.

Side by side

MeasureElizabethParker
Homes for sale155564
New in last 30 days32181
Median asking price$719,900$699,000
Median price per sq ft$297$282
Median size (sq ft)2,5032,695
Median bedrooms44
Median days on market7754
Months of supply4.23.6
Sold, last 12 months4411,878
Median sold price$640,000$685,000
Median days to sell9162
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

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.
Parker 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.

Elizabeth

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

Parker

564
Homes for sale
$699,000
Median asking price
$282
Median per sq ft
54
Median days on market

Look at either town on its own

Questions people ask

Is Elizabeth or Parker more expensive?

Elizabeth is more expensive. The median asking price is $719,900 in Elizabeth against $699,000 in Parker. By price per square foot, Elizabeth runs $297 and Parker $282.

Which moves faster, Elizabeth or Parker?

Homes for sale in Parker have been on the market a median of 54 days, against 77 days in Elizabeth. Of the homes that actually closed in the last twelve months, Elizabeth took a median of 91 days and Parker 62.

Is Elizabeth or Parker the better market for a buyer?

Elizabeth is a balanced market and Parker is a balanced market, measured on months of supply — 4.2 months in Elizabeth and 3.6 in Parker. More months of supply means more choice and more room to negotiate, so on that measure Elizabeth 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 Elizabeth and Parker?

There are 155 homes for sale in Elizabeth and 564 in Parker as this page loaded, 32 and 181 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.