Why Elyria-Swansea Deserves Your Second Look
Closings compressed to 59 days at $384.6K average. Sub-three-month supply tilts seller, but a 54% YTD success rate proves price discipline still rules.
The bottom line
Elyria-Swansea is advancing on two fronts: prices trending modestly higher while marketing time compresses.
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The quick read
Closings compressed to 59 days at $384.6K average. Sub-three-month supply tilts seller, but a 54% YTD success rate proves price discipline still rules.
What this means if you're buying
- Track the stagnant dots. Listings above $450K often wait past 100 days — that's where price improvements and negotiation room live.
- Mind block-level pricing. Renovated stock north of I-70 trades $400–500K; York Street and transit-adjacent pockets push $600K. Don't pay the wrong block's premium.
- Use seasonality. Strongest closings hit in March, July, and February through May — write offers a few weeks ahead to ride the wave.
What this means if you're selling
- Launch close to fair value. A 54% YTD success rate means almost half of listings expire — pricing discipline is the single biggest lever.
- Lean into the speed story. 59-day average closings are two weeks faster than 2024 — well-prepared homes can ride into 'flowing' status inside two weeks.
- Highlight transit and renovation upside. Buyers underwriting the $600K tier want a clear story on planned transit improvements and finished condition.
The Numbers Behind the Read
Supporting data for the signals above.
Average Sale Price
$384.6K
Average Days to Close
59
-14 days YoY
Months of Inventory
~3
Near equilibrium
Odds of Selling (12 mo)
60%
Odds of Selling (YTD)
54%
Sweet Spot
$320–450K
Under 80 days
York St / Transit Premium
$600K+
90-Day Projection
4 / 11
New listings vs sales
Buyer / Seller Tilt
Seller leaning
Index
60
At a glance: Sellers have the edge — well-priced, well-prepped homes draw multiple looks.
Median Sold Price · 6 mo
Source: local MLS data as of June 18, 2025. Deemed reliable but not guaranteed. Educational use only — not an appraisal or valuation of any specific property.
Deeper ReadRead more
Elyria-Swansea is advancing on two fronts: prices trending modestly higher while marketing time compresses. Homes are now closing in 59 days — two weeks faster than last year — at an average sale price of $384,575.
Inventory sits near three months, keeping the market close to equilibrium with a slight tilt toward sellers. Trailing-12-month odds of selling are 60%; YTD odds dip to 54% as overpriced listings expire.
The 90-day pond projects 4 new listings against 11 closed sales — fewer pebbles entering than leaving. Block-level pricing matters: north of I-70 renovated stock trades $400K–$500K, while pockets along York Street and near planned transit improvements capture $600K-tier premiums.
Neighborhood context
Elyria-Swansea sits in northeast Denver, layered over freight rail, the I-70 reconstruction corridor, and a long history of working-class single-family stock. Renovation activity has accelerated, with thoughtful pop-tops and full rehabs lifting comps without pricing out the neighborhood's identity. Block-by-block pricing strata are unusually wide — the same ZIP code spans entry-level rehabs in the $300Ks and transit-adjacent renovations clearing $600K — making precise underwriting essential.
Frequently asked
Is Elyria-Swansea a buyer's or seller's market?
Slight seller's tilt — sub-three-month supply and a 90-day forecast of 4 listings against 11 sales — but 54% YTD success rate keeps it from being frantic. Price discipline still decides the outcome.
Why are odds lower YTD than 12-month?
Velocity is faster but selectivity is sharper. Buyers are moving on fairly priced homes quickly while overpriced listings expire, dragging the YTD success rate down.
Where's the price ceiling?
Sales above $450K stretch past 100 days; the densest cluster sits near $385K. Plan accordingly when underwriting renovation projects or comping a sale.
When should I list?
Aim for the February–May window or the July peak. Six closings hit in both March 2025 and July 2024 — list four to six weeks ahead so your home is showing into the surge.
Explore planning toolsOpen
Tools & Resources
Run the numbers, then keep reading.
Four calculators sized to Elyria-Swansea's typical price band. Pick the question you're working through. All educational.
Payment snapshot
30-year fixed · Principal & interest
$6,472/mo
Loan amount
$1,024,000
Down cash
$256,000
Rate used
6.50%
Estimate excludes taxes, insurance, HOA, and closing costs. For planning only, not a loan offer.
Quick references
Glossary
Real estate terms, plain-English.
Sold-to-list, days on market, months of inventory — what they mean and why they move.
ReadBuyer checklist
Before your first tour.
What to have lined up — pre-approval, inspection priorities, the price band that matters.
ReadSeller checklist
Before you list.
Prep that consistently improves early activity — without overspending on renovations.
ReadNew construction
How builders structure incentives.
Rate buy-downs, design-center upgrades, and metro district disclosures to read first.
ReadCalculators are for planning only. Figures are estimates and not a loan, rental, valuation, or closing statement. Always confirm with a licensed lender or financial professional.
Tools & Resources
Run the numbers, then keep reading.
Four calculators sized to Elyria-Swansea's typical price band. Pick the question you're working through. All educational.
Payment snapshot
30-year fixed · Principal & interest
$6,472/mo
Loan amount
$1,024,000
Down cash
$256,000
Rate used
6.50%
Estimate excludes taxes, insurance, HOA, and closing costs. For planning only, not a loan offer.
Quick references
Glossary
Real estate terms, plain-English.
Sold-to-list, days on market, months of inventory — what they mean and why they move.
ReadBuyer checklist
Before your first tour.
What to have lined up — pre-approval, inspection priorities, the price band that matters.
ReadSeller checklist
Before you list.
Prep that consistently improves early activity — without overspending on renovations.
ReadNew construction
How builders structure incentives.
Rate buy-downs, design-center upgrades, and metro district disclosures to read first.
ReadCalculators are for planning only. Figures are estimates and not a loan, rental, valuation, or closing statement. Always confirm with a licensed lender or financial professional.
About the author
Written by Jackson Granger.
Broker Associate · REALTOR® Coldwell Banker Realty · License FA.100105702. Jackson writes The Granger Report each week from his work across Denver Metro and the Front Range.
The Granger Report is provided for educational and informational purposes only and is not legal, financial, or tax advice. Market data is deemed reliable but not guaranteed and should be verified before making real estate decisions. Market conditions can change.
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