Gunbarrel, CO

This category is for real estate information related to Gunbarrel, Colorado.

There are currently 12 blog entries related to this category.

Finally, we’re out of the deep freeze. That’s what it felt like around the Boulder Valley as January gave way to February. Unfortunately, Punxsutawney Phil, the Seer of Sears, the Prognosticator of Prognostications, predicted six more weeks of winter when he saw his shadow on February 2nd. I’m betting on (hoping for) an early spring.

            The holidays are a distant memory and real estate buyers and sellers focus now turns to what they do best - buying and selling. The inventory of available properties will begin to grow as the weather improves, but will remain at a low level as demand continues to exceed supply.  For Boulder County, active single family home listings stood at 725 at the end of January/2014. At the end of January/2013 there

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Since the peak year of 2005, the Boulder Valley real estate market has been climbing a steep hill back to respectability. It has been a slow process. Sales activity in years 2006 through 2009 were on a downward spiral. The market stabilized in 2009 through 2011, then began an upward shift in 2012. This past year we saw market activity approach 2007 in Boulder County for single family home sales (3,491 vs. 3,570) and attached unit sales (1,329 vs. 1,426).  The market is still about 17% behind 2005 sales numbers, but headed in the right direction.

Below is an overview of sales activity for the past two years for single family homes in the various Boulder Valley areas, courtesy of IRES – the Northern Colorado MLS.      

                       
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Gunbarrel Boulder Colorado Gunbarrel has recently been receiving a lot of attention from people wanting to move into the Boulder area. This community has big plans for future development, sits among some of the prettiest views on the Front Range, and offers affordability and variety. From sprawling ranches and newly constructed mansions, to luxury condos and cozy single family homes, anyone looking to buy in Gunbarrel can almost be certain that interest in the immediate area will keep increasing. Most people who are drawn to buying any kind of real estate in Gunbarrel usually finds that the close proximity to Longmont and Boulder are the number one benefits. This is a huge bonus for employment as well as lifestyle opportunities. In addition, a good old fashioned small town

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Colorado Front Range Numbers for all of the MLS.

Entire MLS (All Areas)

Residential Highlights

  • 9.8% increase in average price (sold) ($311,893)
  • 17.4% increase in number of closed sales year-over-year (3,730)
  • 34.4% decrease in average days on market (63)
  • 7.5% increase in New listings (4,577)

 Condo/Townhome Highlights (All Areas)

  • 9.1% increase in average price (sold) ($183,359)
  • 20.0% increase in closed sales year over year (955)
  • 37.8% decrease in average days on market (69)
  • 11.9% increase in number of new listings (1,135)
  • 59.4% decrease in absorption rate (1.8months)
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From our Good Friend Dan Johnson at RE/MAX Alliance in Louisville:

Boulder Economic Snapshot

A look at the current real estate market; provided by

RE/ MAX ALLIANCE

 

August/2012

 

            As late summer melds into early fall the Boulder Valley real estate market continues to remain strong both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built in the higher price ranges. These are all presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

            Through July/2012 Boulder County single family sales are UP 24.71% when compared to through July/2011 (1,953 homes vs. 1,566 homes).

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Strong Housing Sales Numbers Continue

the National Association of Realtors reported this week that 4.62 million up from 4.47 million in March.  The average median price increased by $11,300 an increase of 10.1 percent of last year.  This represents the highest median price since July of 2010 and as we all remember the prices in July 2010 were artificially inflated by the Home Buyers Tax Credit.  In the Boulder Real Estate Market we we experienced a direct correlation in prices to the $8,000 credit.

Across the country housing inventory has risen to 2.54 million homes for sale, which is the highest level since November, but we do need to keep in mind inventory is cyclical and November is traditionally a low inventory month.  In Boulder, Denver and along

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Here is the latest economic update from our good friend Dan Johnson with RE/MAX Alliance in Louisville, CO.  Dan gives some insight into last year and a glimmer of hope for the year ahead.

 

January/2012

 

That light at the end of the tunnel may not be another train coming this way. For the Boulder County real estate market that light may be the end to the darkness the area real estate market has experienced since the end of 2005.

For the past three years sales activity has been approximately the same. In 2009 there were 3,665 single family/attached unit sales across Boulder County. In 2010 that number was 3,660 and in 2011 the number was 3,539.

When comparing 2010 to 2011, here are some

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 backrange_400Richard Wobbekind, one of my favorite economists, who is with the Colorado Leeds School of business, is predicting that Colorado will have slow steady growth in 2012.  We are not going to see robust growth, but we are going to see growth.  The construction industry which has seen a decline in employment over the last four years is poised to add 2,900 jobs next year.

Wobbekind does caution in the article in the Daily Camera, that if something drastic happens in Europe that throws our stock market into a tail spin all bets are off and we could have rough roads ahead. 

The current numbers and job growth are running parallel to what occurred during the 2001 downturn according to Wobbekind.  If we continue to follow the same growth path we should see slow

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5762 Table Top Ct Gunbarrel CO

Gunbarrel Real Estate ListingGunbarrel North Home For Sale

This Gunbarrel CO real estate property is listed for sale by REMAX Alliance. It is a 4 bedroom, 4 bath home and is a total of 2500 square feet. This particular home is located in the Gunbarrel North neighborhood in Gunbarrel CO. The asking price for this Gunbarrel property is $390000.00. MLS ID: 654593

Backs to open space! Low maintenance yard w/creek. Quiet & peaceful. Amazing updates. Entire main oak floors. Granite tile kitchen, black/black appl, all baths updated w/designer tile & colors, new light fixtures. Super finished garden level basement w/bright windows + bar area, guest bed & bath. Vaulted formal living room with wall of bright sunny windows & formal dining. Front porch & back deck. Cul-de-sac.

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