Latest Real Estate Sales City of Boulder, CO

Good news for the City of Boulder's real estate sales. Thru the end of September 2012 compared to last year:
Number of Sales +23%, Days to Offer -30%, Number of listings -24% and median sales price +4%. Woohoo!!

Boulder County Real Estate 2012

In my last post we looked at the rate of annual sales for Boulder County going back to 2005.
2012 reveals the following:
     Boulder Residential Sales (from the previous year's quarter):

•  first Quarter  +13% 
• 2nd Quarter   +5% 

A strengthening housing market is on the way!

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!