R i c h ' s B o u l d e r C o u n t y R e a l E s t a t e R e p o r t
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Use "The Vault" To Gain A Market Edge
Ok folks, let's do this again: The Boulder County real estate market is up in all categories compared to last year, and interest rates continue to be low. These conditions and lower inventory have created a very competitive market for buyers. Well-priced properties are moving quickly, and in some categories - especially single-family homes under $1 million - the buying competition is fierce.
Here at RE/MAX of Boulder - where we handle greater than 30% of overall sales for Boulder County - some 30% of our sales come together in house. We've developed a sophisticated new database to track and manage these opportunities called "The Vault." This in-house inventory enables our agents to connect buyers and sellers with homes that haven't even been listed yet. In addition, our agents meet every week, working as a team and discussing client needs and wants. It's a powerful approach that gives our clients an important edge. This is one of the reasons that RE/MAX of Boulder is ranked the #1 RE/MAX office in the country.
If you're a home buyer, this means you gain access to opportunities before the rest of the market does. Be sure to let me know what you're looking for - you might not ever see it on the Internet but the home of your dreams is out there and I'd love to help you find it. For sellers, finding a sincere buyer through these in-house channels can bring optimum pricing with the least amount of hassle. Call me any time to learn more. |
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Area Real Estate Sales
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Median Sales
YTD
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Median Sales Price
YTD
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% of List Price
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Average Days to Sale
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Residential
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Boulder
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566,250
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95.48
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128
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Louisville
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380,000
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97.60
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101
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Lafayette
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349,900
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97.36
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127
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Longmont
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225,000
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97.22
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113
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Gunbarrel
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390,000
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96.56
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121
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Niwot
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550,000
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95.46
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150
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Superior
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381,750
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97.96
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87
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Broomfield
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329,450
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97.24
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116
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Erie
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313,075
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97.17
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122
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Mountains
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362,000
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94.46
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177
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Condos/Townhomes
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Boulder
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246,301
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96.66
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200
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Louisville
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192,375
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97.60
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112
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Lafayette
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189,000
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97.79
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122
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Longmont
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166,000
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96.69
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139
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Gunbarrel
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155,625
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97.04
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135
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Superior
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215,000
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97.25
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96
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Source: Information Real Estate Services
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Improving Market Keeps Boulder on National Index
With minimal but continuing improvement in the home-permits, house-price and employment categories, Boulder joins two other Colorado areas on the May Improving Markets Index. Read just how much Boulder has improved since its market and economy hit bottom.
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Current Interest Rates
30 Year Fixed Conforming 3.625%
5/1 ARM Conforming 2.625%
15 Year Fixed Conforming 3.0%
30 Year Fixed Jumbo 4.25%
5/1 ARM Jumbo 3.0%
7/1 ARM Jumbo 3.375%
Rates provided by Calvin Cox at Bank of Commerce Mortgage at 303-931-8360
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Contact me for:
Buying & Selling.
Refinancing.
Leveraging equity to buy investment property.
1031 Exchange.
Real estate as a retirement strategy.
Using your IRA for real estate investing.
Real estate for college savings.
Buying real estate for college-age children to live in while at school.
Helping parents relocate or transition to a new housing situation.
Purchasing vacation property in ski country, tropics or other resorts.
Finding a quality realtor for transactions outside our market. |
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