Flatirons

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Flatirons
Quick Market Update 

Boulder County's real estate market typically slows slightly beginning in August and that was the case again this year.  In addition to the usual seasonal slow down, an additional factor this year is a lack of inventory.  The number of single-family homes for sale - 1,439 - fell 4.2 percent in August compared with a year ago, and fell 6.7 percent compared with July's 1,542 homes on the market. The inventory of attached units fell 6.5 percent, from 356 in August 2013 to 333 last month, and fell 14.8 percent compared with the 391 units for sale in July. 

 

This typical slow down offers opportunities to buyers and sellers.  Currently, I am working with several investors who are trying to take advantage of current pricing before the market shoots up again early next year.  For sellers, this is a great time to be on the market because of the low inventory.  Contact me anytime to find out how I can help you take advantage of the opportunities in the market. -Rich 

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

 

 


Median
Sales  

Price

% of  

List Price

Average  

Days
to Sale

 

Residential

 

 

 

 

 

Boulder

655,835

97.36

 85          

 

 

Louisville 

465,000

99.38

 67

  

 

Lafayette

395,000

99.51

 83      

 

 

Longmont

269,000

98.75

 74          

 

 

Gunbarrel

460,000

97.82

 85        

 

 

Niwot

634,900

96.31  

108

 

 

Superior

465,000

98.94

 70

 


Broomfield

340,000

99.31

 78


Erie

377,905

99.04

 91          

 

Mountains

365,000

96.42

135

 

Condos/Townhomes

 

 

 

 

 

Boulder

270,000

98.88

 80    

 

 

Louisville

270,000

102.1   

109

 

 

Lafayette

229,900

100.4

 86          

 

 

Longmont

187,000

99.10

 68          

 

 

Gunbarrel

180,000

99.11

 51    

 

 

Superior

205,000

99.86

 48

 








 Source:  Information Real Estate Services 

Promote your business and interests 
RE/MAX of Boulder continues to invest in the community through our website BoulderSource.com. The Source is a celebration of everything we love about living and working in Boulder. The site has featured some of my clients' businesses and interests, including Purely Elizabeth, Sweet Cow, the Rio Grande Restaurant, Innisfree Poetry Bookstore & Cafe and There With Care. I'd love to feature your interests. Give me a call anytime. 
SEPTEMBER 2014

Current Interest Rates

 

30 year fixed conforming 4.25%

 

5/1 ARM conforming 3.25%

 

7/1 ARM conforming 3.625%

 

30 year fixed jumbo 4.25%

 

5/1 ARM jumbo 3.25%

 

7/1 ARM jumbo 3.5%

 

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.

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2425 Canyon Blvd. Suite 110 Boulder, CO 80302
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