After the mining boom, agriculture took root in the western part of Erie and the community's flat pastures began to support farmers rather than miners.
Although rural in nature, Erie has seen a recent surge in new families, homes and businesses. With its proximity to both Denver and Boulder, the town provides an affordable middle ground for people working in either city. It's also close to the Broomfield area's high-tech corridor as well as the conveniences and cultural activities of neighboring Lafayette, Louisville and Longmont.
While in town, amble down Briggs Street for a glimpse of historic downtown Erie and some of the best restaurants in town. Erie recently added a new championship golf course, Vista Ridge. The course, like the community, offers sweeping views of the Front Range during all 340 annual days of sunlight here. Stop by in mid-September for Erie Biscuit Day.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
