Revolutionizing · Modernizing · SimplifyingRevolutionizing · Modernizing · SimplifyingErie and Louisville are both Colorado towns. There are 245 homes for sale in Erie and 75 in Louisville as this page loaded. Louisville is the more expensive of the two: a median asking price of $822,000 against $695,000 in Erie, about 18% higher. Homes are moving faster in Erie — a median of 53 days on market against 59 in Louisville. On months of supply both are a balanced market right now.
| Measure | Erie | Louisville |
|---|---|---|
| Homes for sale | 245 | 75 |
| New in last 30 days | 82 | 21 |
| Median asking price | $695,000 | $822,000 |
| Median price per sq ft | $289 | $398 |
| Median size (sq ft) | 2,386 | 2,158 |
| Median bedrooms | 4 | 3 |
| Median days on market | 53 | 59 |
| Months of supply | 3.4 | 3.0 |
| Sold, last 12 months | 870 | 300 |
| Median sold price | $750,000 | $873,500 |
| Median days to sell | 73 | 51 |
| Sold vs asking price | 99.0% | 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.
Louisville is more expensive. The median asking price is $822,000 in Louisville against $695,000 in Erie. By price per square foot, Erie runs $289 and Louisville $398.
Homes for sale in Erie have been on the market a median of 53 days, against 59 days in Louisville. Of the homes that actually closed in the last twelve months, Erie took a median of 73 days and Louisville 51.
Erie is a balanced market and Louisville is a balanced market, measured on months of supply — 3.4 months in Erie and 3.0 in Louisville. 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.
There are 245 homes for sale in Erie and 75 in Louisville as this page loaded, 82 and 21 of them new in the last 30 days.
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.