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Town comparisons › Erie vs Platteville

Erie vs Platteville

Erie and Platteville are both in Weld County. There are 245 homes for sale in Erie and 23 in Platteville as this page loaded. Erie is the more expensive of the two: a median asking price of $695,000 against $580,000 in Platteville, about 20% higher. Homes are moving faster in Erie — a median of 53 days on market against 93 in Platteville. Erie is a balanced market right now and Platteville is a buyer's market.

Side by side

MeasureEriePlatteville
Homes for sale24523
New in last 30 days824
Median asking price$695,000$580,000
Median price per sq ft$289$329
Median size (sq ft)2,3862,016
Median bedrooms43
Median days on market5393
Months of supply3.47.9
Sold, last 12 months87035
Median sold price$750,000$500,000
Median days to sell7376
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

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.
Platteville 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.

Erie

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

Platteville

23
Homes for sale
$580,000
Median asking price
$329
Median per sq ft
93
Median days on market

Look at either town on its own

Questions people ask

Is Erie or Platteville more expensive?

Erie is more expensive. The median asking price is $695,000 in Erie against $580,000 in Platteville. By price per square foot, Erie runs $289 and Platteville $329.

Which moves faster, Erie or Platteville?

Homes for sale in Erie have been on the market a median of 53 days, against 93 days in Platteville. Of the homes that actually closed in the last twelve months, Erie took a median of 73 days and Platteville 76.

Is Erie or Platteville the better market for a buyer?

Erie is a balanced market and Platteville is a buyer's market, measured on months of supply — 3.4 months in Erie and 7.9 in Platteville. More months of supply means more choice and more room to negotiate, so on that measure Platteville 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 Platteville?

There are 245 homes for sale in Erie and 23 in Platteville as this page loaded, 82 and 4 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.