Flatirons

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Flatirons
Quick Market Update 

Second quarter statistics show continued market strength. The median sales price is up 2.4% in Boulder County for single family homes and 8.1% for condos as compared to 2013 (also a big year). The biggest gains in single family homes were seen in the city of Boulder (up 7.2%), the Plains (up 7.9%), and Longmont (up 5.8%). For condos, the big winner is Louisville (up 12.1%).

 

Properties are selling quicker too. Single family homes are selling 11% faster and condos are selling 23% faster as compared to 2013. The number of active listings in Boulder County is down 6.6% for single family homes and 11.6% for condos compared with 2013. Overall, the number of sales has been steady in 2014; Boulder and Louisville single family homes being the exception due to lack of inventory.

 

It's clear that the current market is rewarding sellers who are reasonably priced and ready to go. Buyers can actually realize value too - - with the right approach. Give me a call if you are considering selling or buying. I can help you maximize your opportunities.

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

 


Median
Sales  

Price

% of  

List Price

Average  

Days
to Sale

 

Residential

 

 

 

 

 

Boulder

643,000

97.24

 80        

 

 

Louisville 

450,000

99.55

 71

 

 

Lafayette

382,500

99.35

 84    

 

 

Longmont

265,000

98.72

 75         

 

 

Gunbarrel

465,000

98.09

 80      

 

 

Niwot

697,000

94.91  

114

 

 

Superior

455,000

99.09

 66

 

 

Broomfield

337,500

98.98

 77 

 

Erie

370,000

98.84

 92         

 

Mountains

368,200

96.11

140

 

Condos/Townhomes

 

 

 

 

 

Boulder

270,000

98.64

 82  

 

 

Louisville

232,450

101.8 

116

 

 

Lafayette

233,000

99.96

 88        

 

 

Longmont

187,000

99.01

 71          

 

 

Gunbarrel

179,900

98.91

 53   

 

 

Superior

205,000

99.56

 49

 








 Source:  Information Real Estate Services 

Strength in numbers
Recent media articles point out different aspects of Colorado's strength.
Substantial and quirky, they all add up to a stronger real estate market . . . 

Leeds: State's economy shows promise after strong 1st half
JULY 2014

Current Interest Rates

 

30 year fixed conforming 4.25%

 

5/1 ARM conforming 3.125%

 

7/1 ARM conforming 3.5%

 

30 year fixed jumbo 4.25%

 

5/1 ARM jumbo 3.125%

 

7/1 ARM jumbo 3.375%

 

Rates provided by
Calvin Cox at 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.
Pure Momentum

Boulder's natural foods industry just got stronger with the arrival of Purely Elizabeth, maker of gluten free and 100% organic granolas, hot cereals and baking products. I was glad to help the company's founder relocate to Boulder in June. Check out the article on Bouldersource and be sure to try the company's great products. You can find them in Whole Foods and Target stores.  

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2425 Canyon Blvd. Suite 110 Boulder, CO 80302
T: 303.441.5685  C: 303.931.6979   F: 303.449.8554
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