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Town comparisons › Gill vs Severance

Gill vs Severance

Gill and Severance are both in Weld County. There are 7 homes for sale in Gill and 79 in Severance as this page loaded. Gill is the more expensive of the two: a median asking price of $615,000 against $496,600 in Severance, about 24% higher. Homes are moving faster in Gill — a median of 47 days on market against 53 in Severance. Gill is a buyer's market right now and Severance is a balanced market.

Side by side

MeasureGillSeverance
Homes for sale779
New in last 30 days125
Median asking price$615,000$496,600
Median price per sq ft$265$242
Median size (sq ft)1,7732,302
Median bedrooms44
Median days on market4753
Months of supply10.53.4
Sold, last 12 months8275
Median sold price$652,250$500,000
Median days to sell7874
Sold vs asking price100.0%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

Gill 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.
Severance 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.

Gill

7
Homes for sale
$615,000
Median asking price
$265
Median per sq ft
47
Median days on market

Severance

79
Homes for sale
$496,600
Median asking price
$242
Median per sq ft
53
Median days on market

Look at either town on its own

Questions people ask

Is Gill or Severance more expensive?

Gill is more expensive. The median asking price is $615,000 in Gill against $496,600 in Severance. By price per square foot, Gill runs $265 and Severance $242.

Which moves faster, Gill or Severance?

Homes for sale in Gill have been on the market a median of 47 days, against 53 days in Severance. Of the homes that actually closed in the last twelve months, Gill took a median of 78 days and Severance 74.

Is Gill or Severance the better market for a buyer?

Gill is a buyer's market and Severance is a balanced market, measured on months of supply — 10.5 months in Gill and 3.4 in Severance. More months of supply means more choice and more room to negotiate, so on that measure Gill 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 Gill and Severance?

There are 7 homes for sale in Gill and 79 in Severance as this page loaded, 1 and 25 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.