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%

Anatomy of Housing Market Comeback: Boulder County, Colorado. Key metrics thru the end of the first quarter of 2012 show all the signs of a strengthening market: median sales price is up as is the number of closed sales, the days on market is down slightly and the number of homes for sale is down by almost 21%.
In fact, scarcity of inventory (homes for sale) in many areas is now the problem.
Note: this is for all of Boulder County, not just the city of Boulder. There is considerable fluctuation in these numbers depending on where you are in Boulder County. If you would like to know the stats for you specific zip code, email it to me and I'll send you a more detailed snapshot of your market.

Boulder County

Key Metrics                  Q1-2012               1-Yr Chg

Median sales price          $369,250                  +5.5%

Pct of List Price vs Sold      96.9%                   +0.2%

Homes for Sale                 1,206                     -20.8%

Closed Sales                       522                     +16.5%

Days on Market                  124                       -1.8%

Real Estate Come Back

Luxury home values in the Bay Area and other key California cities are chalking up their biggest gains since the housing boom went bust in the last decade.


Bay Area luxury home values soared 6.6 percent in the second quarter, the biggest year-over-year gain since the first quarter of 2006.

And Bay Area luxury home values rose 2.9 percent from the first quarter of 2012. The average luxury home in San Francisco is now $2.67 million, according to the First Republic Prestige Home Index produced by First Republic Bank and Fiserv CSW Inc. (NASDAQ: FISV)

Boulder RE Market

SF Bay area luxury home market is hot! Values soared 6.6% in the second quarter, the biggest gain since 2006. Surely, Boulder can’t be far behind!

When Does School Start in Boulder Valley Schools?

Boulder Valley Schools start classes this week, how can it be? Remember the good ol' days when it was after Labor Day? Check out their website for more info: www.bvsd.org.www.bvsd.org

August 15, this Wednesday at 8:40 is the first day for 1-5th graders, as well as transition day for 6th and 9th graders.


Aug 16 for grades 7,8, 10, 11, 12. Wishing you all a great start to the new school year!

Summer Real Estate in Boulder County

Real Estate Market In Boulder, CO

There are plenty of buyers out there who have lost out on homes lately due to multiple bids. This is true throughout Boulder County but especially in Louisville, Colorado. Of the 58 homes sold there between $300-$450K since the beginning of 2012, 14 sold for full price or more than the list price. There are currently 24 homes on the market in this price range and 19 of them are under contract. Buying a home in this kind of market is challenging and you need the right Buyer's Agent working for you. But it's a great time to be a seller!

Pending Home Sales: Real Estate Rebounding

FThe Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.
The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. In developing the model for the index, it was demonstrated that the level of monthly sales-contract activity parallels the level of closed existing-home sales in the following two months.
An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined as well as the first of five consecutive record years for existing-home sales; it coincides with a level that is historically healthy.