If you've been watching the Erie Colorado housing market (or even the entire Denver Colorado Metro area) —or thinking about jumping in—you might be wondering whether now is really the right time to buy. Or whether waiting could save you money.
Let’s take a quick “Throwback Thursday” look at one of my past sales and compare it to an actual comp today. The numbers tell a very clear story.
Looking Back: 1375 Flannagan Ct, Erie CO (Sold July 2020)
In July of 2020, I sold this wonderful ranch style home at 1375 Flannagan Ct., Erie, CO 80516 for $435,000.
It was a competitive but manageable market. Buyers still had options, interest rates were low, we were in the middle of the Covid-19 pandemic, inventory was low and buyer demand was strong.
Fast Forward 5 Years: 1309 Banner Cir, Erie CO (currently listed and under contract)
A nearly identical home—same neighborhood, same BR/BA and SF, similar layout and style— 1309 Banner Cir., Erie, CO 80516, is currently listed for $600,000. *Not my listing.
That’s an increase of $165,000 in just five years for a nearly comparable property.
This isn’t an exception—this is exactly how the Erie Colorado real estate market has been trending. (Which is very similar to other markets around the Denver Metro area).
What This Means for Today’s Buyers
Many buyers tell me they’re waiting for prices to drop and for rates to come down.
But Colorado—especially Boulder County and the north metro suburbs—simply doesn’t behave that way. Inventory is back up, and while buyers are sitting on the sidelines, prices are leveling off or coming down slightly. But homes continue to appreciate over the long term, as we can see in this example.
If a $435K home is now worth $600K…
what will today’s $600K homes be worth in 2030?
Even modest appreciation puts future prices significantly higher than today.
Waiting almost always costs buyers more.
You lose out on equity, pay higher prices later, and risk getting priced out of the neighborhoods you love.
Sellers: You’re in a Strong Position Too
If you purchased your home in Erie within the last 3–7 years, your equity has likely grown dramatically. Whether you’re upsizing, downsizing, or just curious about your current value, now is a great time to reevaluate your options.
Bottom Line: The Best Time to Buy Was 5 Years Ago. The Second-Best Time Is Today.
Real estate is a long game—and Erie continues to be one of Colorado’s most desirable and fastest-growing communities.
If you’re wondering what your buying power looks like today, or want a free valuation of your current home, I’d love to help you plan your next move with confidence.
📩 Contact Sally Heldman — Erie & Boulder County Realtor.
Helping buyers and sellers make smart, strategic moves in Colorado’s competitive market.
Sally Heldman
Broker Owner
Metro Brokers / Heldman Real Estate
303.475.4508 CELL
sally@sallyheldman.com