Single Family Home Sales in Boulder, CO

The latest figures for single family home sales in Boulder, CO continue to show an improving housing market. Comparing single family homes sold from the end of  October 2011 through the end of October 2012 shows and increase of 27.8%. The number of homes sold is also up for every area in Boulder County, with Superior, Colorado just 10 minutes South of the city of Boulder showing one of the largest gains, up 37% for the same time period, year over year through the end of October 2012. I'll publish the chart for single family home sales in all areas in Boulder County tomorrow so check it out to see how your area's doing.

    

A look at Boulder County Home Prices

Residential Homes Sales in Boulder, Colorado. These statistics include the city of Boulder and the communities that are part of Boulder County, including Longmont, Gunbarrel, Niwot, Louisville, Lafayette, Superior and parts of Erie. It reads like a history of the last 8 years. 2005 was a good year but nothing extraordinary. We had come to expect appreciation 7%+ appreciation. Fortunately in Boulder we had no huge spike before the fall. You can see that things started to slow in 2006 and by 2007, the economy was in retreat in a big way, culminating in 2008 and the greatest recession since the Great Depression. By 2010, Boulder was reversing the trend and slowing coming back.

Year     Median Price Appreciation

2005    +11%

2006    +5%

2007    +4%

2008    -2%

2009    -3%

2010    +2%

2011    +2%

Boulder, Colorado Invesment Property Regulations

If you own rental properties in the city of Boulder, you’ll want to know about the new ‘Smart Regs’ requirements for investment homes. In order to rent property in the city, you already need to have an inspection that shows it meets code and safety standards. With the adoption of Smart Regs, an investment property will also need to demonstrate energy efficiencies and pass an energy audit.For more details on these regulations, please check out the city of Boulder’s website, click on rentals and smart regs.