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Town comparisons › Erie vs Lochbuie

Erie vs Lochbuie

Erie and Lochbuie are both in Weld County. There are 245 homes for sale in Erie and 24 in Lochbuie as this page loaded. Erie is the more expensive of the two: a median asking price of $695,000 against $494,435 in Lochbuie, about 41% higher. Homes are moving faster in Lochbuie — a median of 31 days on market against 53 in Erie. Erie is a balanced market right now and Lochbuie is a seller's market.

Side by side

MeasureErieLochbuie
Homes for sale24524
New in last 30 days8212
Median asking price$695,000$494,435
Median price per sq ft$289$263
Median size (sq ft)2,3861,848
Median bedrooms43
Median days on market5331
Months of supply3.42.4
Sold, last 12 months870118
Median sold price$750,000$477,830
Median days to sell7383
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

Erie 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.
Lochbuie is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.

Erie

245
Homes for sale
$695,000
Median asking price
$289
Median per sq ft
53
Median days on market

Lochbuie

24
Homes for sale
$494,435
Median asking price
$263
Median per sq ft
31
Median days on market

Look at either town on its own

Questions people ask

Is Erie or Lochbuie more expensive?

Erie is more expensive. The median asking price is $695,000 in Erie against $494,435 in Lochbuie. By price per square foot, Erie runs $289 and Lochbuie $263.

Which moves faster, Erie or Lochbuie?

Homes for sale in Lochbuie have been on the market a median of 31 days, against 53 days in Erie. Of the homes that actually closed in the last twelve months, Erie took a median of 73 days and Lochbuie 83.

Is Erie or Lochbuie the better market for a buyer?

Erie is a balanced market and Lochbuie is a seller's market, measured on months of supply — 3.4 months in Erie and 2.4 in Lochbuie. More months of supply means more choice and more room to negotiate, so on that measure Erie 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 Erie and Lochbuie?

There are 245 homes for sale in Erie and 24 in Lochbuie as this page loaded, 82 and 12 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.