BLOG # 7
Erie Market Update | Spring 2024:
Insights from The Folger Group by RE/AX VISTA
Are you considering buying or selling a home in Erie, Colorado? As the housing market heats up in Northern Colorado, it's essential to stay informed about the latest trends and statistics. In this blog post, we'll delve into the recent market update for Erie, providing insights and analysis to help you make informed decisions.
Rachel Folger, the broker-owner at The Folger Group by RE/AX VISTA, recently shared an update on the Erie housing market in a YouTube video. Let's break down the key points from her update:
Our Listing Available:
Current Market Snapshot:
Active Listings: At the time of the recording, Erie had 50 active homes for sale on the market.
Pending Listings: There were 54 pending listings, indicating strong buyer interest in the area.
Median List Price: The median list price for homes in Erie stood at $850,000.
Average Days on Market: Homes in Erie were spending an average of 59 days on the market, showcasing a dynamic market environment.
Price Reductions: Approximately 18% of homes in Erie had experienced a price decrease, signaling opportunities for buyers.
New Construction: Erie continues to see significant new construction activity, with 39 homes listed for sale on the MLS. These homes range in price from $620,000 to $2.5 million, offering a diverse range of options for prospective buyers.
Why Choose The Folger Group by RE/AX VISTA:
In a market characterized by constant shifts and evolving trends, having an experienced real estate agent by your side is invaluable. Rachel Folger and her team at The Folger Group by RE/AX VISTA bring a wealth of knowledge and expertise to the table. Whether you're a buyer or seller, they can help you navigate the complexities of the real estate market and devise strategic plans to achieve your goals.
How We Can Help:
If you're considering making a move in the Erie real estate market, now is the time to connect with The Folger Group by RE/AX VISTA. Their team is dedicated to making your dreams a reality, guiding you through every step of the process with professionalism and integrity. Whether you're looking to buy your dream home or sell your property for top dollar, they have the skills and resources to help you succeed.
As the housing market in Erie, Colorado, continues to evolve, staying informed is crucial for buyers and sellers alike. The Folger Group by RE/AX VISTA offers invaluable insights and personalized guidance to help you navigate the market with confidence. Reach out to them today to learn more about how they can assist you in achieving your real estate goals.
Whether you're looking to buy, sell, or invest in Erie real estate, The Folger Group by RE/AX VISTA is your trusted partner every step of the way. With their expertise and dedication, you can turn your real estate dreams into reality.
The Folger Group is a top-rated Northern Colorado realtor focused on helping clients sell their Northern Colorado area homes efficiently and for top dollar. As experienced Northern Colorado real estate agents, we understand the importance of effectively marketing properties and pricing them appropriately to attract potential buyers. If you're looking to succeed in the Northern Colorado real estate market, our team of experienced agents have the best knowledge of the area and can assist you in finding and closing the best deals. Find out why more people in Northern Colorado, are turning to The Folger Group than any other broker. Contact us today, and we'll provide you with a free home evaluation or a list of available properties in the area.
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The Folger Group
RE/MAX VISTA
695 Pierce St, Ste #220, PO Box 913
Erie, CO 80516
Phone: (720) 375-1255