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Town comparisons › Elizabeth vs Simla

Elizabeth vs Simla

Elizabeth and Simla are both in Elbert County. There are 160 homes for sale in Elizabeth and 5 in Simla as this page loaded. Elizabeth is the more expensive of the two: a median asking price of $672,445 against $365,000 in Simla, about 84% higher. Homes are moving faster in Simla — a median of 70 days on market against 75 in Elizabeth. Elizabeth is a balanced market right now and Simla is a buyer's market.

Side by side

MeasureElizabethSimla
Homes for sale1605
New in last 30 days421
Median asking price$672,445$365,000
Median price per sq ft$286$228
Median size (sq ft)2,5071,582
Median bedrooms43
Median days on market7570
Months of supply4.56.7
Sold, last 12 months4309
Median sold price$640,000$429,900
Median days to sell94151
Sold vs asking price99.0%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

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.
Simla 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

160
Homes for sale
$672,445
Median asking price
$286
Median per sq ft
75
Median days on market

Simla

5
Homes for sale
$365,000
Median asking price
$228
Median per sq ft
70
Median days on market

More comparisons with Elizabeth or Simla

Look at either town on its own

Questions people ask

Is Elizabeth or Simla more expensive?

Elizabeth is more expensive. The median asking price is $672,445 in Elizabeth against $365,000 in Simla. By price per square foot, Elizabeth runs $286 and Simla $228.

Which moves faster, Elizabeth or Simla?

Homes for sale in Simla have been on the market a median of 70 days, against 75 days in Elizabeth. Of the homes that actually closed in the last twelve months, Elizabeth took a median of 94 days and Simla 151.

Is Elizabeth or Simla the better market for a buyer?

Elizabeth is a balanced market and Simla is a buyer's market, measured on months of supply — 4.5 months in Elizabeth and 6.7 in Simla. More months of supply means more choice and more room to negotiate, so on that measure Simla 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 Simla?

There are 160 homes for sale in Elizabeth and 5 in Simla as this page loaded, 42 and 1 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.

The listings these figures are drawn from were last changed at the MLS on October 27, 2026 at 8:29 AM Mountain time. The figures themselves are worked out again from scratch every time this page is opened.

Common questions, answered with live Colorado numbers