Flatirons

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Flatirons

Hi all,  

Boulder County's real estate market is still going strong well into August. Traditionally the market slows in August, with people turning their attention to late summer vacations and getting kids back to school. This year has been an exception. Single-family home sales are up 12.5% through mid-August 2013 over mid-August 2012, with attached-dwelling sales up a whopping 36.9%.  Lower-to-mid range properties are seeing multiple offers and quick sales.  In the high end, home sales over $1 million through mid-August 2013 are three times greater than through mid-August 2012.  The indicators are clear: with increased sales prices, rapid under-contract cycles and historically low interest rates that are moving up, now is the time to be on the market for sellers.  For buyers, waiting may or may not make sense, depending on your situation. If you are debating whether to list or buy, give me a call and let's discuss how to make the market work for you - today or in the future.

Area Real Estate Sales
For more sales statistics, go to richgribbon.com
 

 

Median Sales

YTD 

Median
Sales Price

YTD

% of List Price

Average Days
to Sale

 

Residential

 

 

 

 

 

Boulder

619,950

97.00         

 90  

 

 

Louisville 

430,000

98.95

 88

 

 

Lafayette

370,314

98.87

 93   

 

 

Longmont

249,900

98.20

 92    

 

 

Gunbarrel

444,000

97.90

 75    

 

 

Niwot

648,900

95.27    

134

 

 

Superior

430,000

99.18

 76

 

 

Broomfield

349,900

98.06

 89    

 

Erie

340,000

97.72

 99 

 

Mountains

362,000

95.44

176

 

Condos/Townhomes

 

 

 

 

 

Boulder

259,000

97.83

 98     

 

 

Louisville

223,000 

99.90

 85

 

 

Lafayette

210,000

98.72

101

 

 

Longmont

182,000

98.28

 97 

 

 

Gunbarrel

165,000

97.38

 94  

 

 

Superior

195,000

98.68

 74

 








 Source:  Information Real Estate Services 

The Future of FasTracks
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AUGUST 2013


Current Interest Rates

 

30 Year Fixed Conforming  4.625%

 

5/1 ARM Conforming
3.5%

 

15 Year Fixed Conforming
3.75%

 

30 Year Fixed Jumbo
4.75%

 

5/1 ARM Jumbo
3.25%

 

7/1 ARM Jumbo
3.5%

 

Rates provided by Calvin Cox at Bank of Commerce Mortgage at 303-931-8360

 

 

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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