Boulder Valley Economic Snapshot 

One of the issues the area real estate market faced as the year began was available inventory of homes for sale across the Boulder Valley. 2012 ended with 814 single family active listings in Boulder County. That was down 27% from the end of 2011 (1121 active single family listings).

The decline in inventory was driven by sales activity. When comparing 2012 to 2011, single family home sales were up 24.44% (3258 vs. 2618) for Boulder County. Attached unit sales were up 20.80% (1144 vs. 947) for the same time periods. Collectively, those two market segments were up 23.47%.

Through March/2013 the Boulder County real estate market continues to sustain itself. Single family home sales are up 14.61% compared to

Economic Snapshot

A look at the current real estate market; provided by RE/MAX ALLIANCE-Dan Johnson

 February/2013

            The Boulder County real estate market continued its active pace in January/2013 as single family homes and attached unit sales outpaced January/2012 sales. Single family home sales were UP 20% (166 vs. 138). Attached unit sales were UP 29% (62 vs. 48). The collective market was UP nearly 23%. Sales figures for January/2013 approached January/2007 sales numbers.

            The inventory of available single family homes increased 5.77% at the close of January/2013 compared to the end of 2012 (861 vs. 814). Inventory levels will continue to grow as winter melds into spring and the real estate market

Just outside of Boulder, Colorado there are several suburbs that offer a huge variety of affordable living options like condos, apartment homes, townhomes and multiplexes.  In the last year, sales of these kinds of properties in areas like Broomfield and Superior, have grown as many people want to purchase cost efficient homes that offer amenities and perks.

According to recent charts, the number of attached dwellings that were sold in Superior, Colorado during November 2012 is up 100% from the same period last year. Although there were 9 attached dwellings available for sale in November 2011 none sold.  This year, November saw 4 sales of attached dwellings with an average price of $206,050 and a median price of $220,100.  The number of active

As is customary for this time of the year, the Boulder Valley real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 6% when compared to August/2012 for Boulder County. If that trend continues, active single family home listings for Boulder County at the close of 2012 will be approximately 1,137 (2011 ended with 1,121 active single family home listings).

Through September/2012 single family home sales for Boulder County are UP 22.87% when compared to September/2011 (2,519 vs. 2,050); attached unit sales are UP 23.24% (896 vs. 727); the market is UP 22.97%. For September/2012, the market was UP 14.69% when compared to September/2011.

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)

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

Mountain bikers everywhere will delight in the terrific mountain roads in Superior, Colorado. The annual Morgul Classic bike race draws countless men and women, and the area has recently constructed a BMX bike park. Homes here are likely to be more reasonably priced than nearby Boulder, though individuals living here have access to the exact same high performing school district for the youngsters. Several of the affluent and well-educated people who reside here often work in the tech sector in Denver for employers like Oracle.

Superior is a statutory area which is situated in the counties of Jefferson and Boulder, and has a populace of over ten thousand men and women. Historically, it was a coal mining community and the first coal mines developed in

1427 Hyacinth Way Superior, 80027

OPEN HOUSE: 7/22/12 12-2pm

MLS #: 686475
Price: $344,900
3 Bedrooms/3 Bathrooms Total Sq Feet: 2383

This Home Features: a stellar location, panoramic views, 2 tiered deck, open floorplan, vaulted cielings, large deck withbuilt in benches, and hot tub! Kitchen features: large 1 piece sink, upgraded faucets, built in island, and butcher block. Master suite is perfect multi-use room featuring a custom closet with organization system, and large master bath.

Homes for sale Superior Colorado

Superior, CO Real Estate Shows Strong Numbers Through June 2012.

As you can see by the graph above the Absorption rate for homes in Superior, Colorado has risen from 17.5% in May of last year to 27.5% for May of this year.  This is a 57% increase in just one year, which shows a substantial strengthening in the Superior market.  A general rule of thumb is an absorption rate of 25% to 30% is a fairly balanced market above 30% and we are moving towards a Sellers market.  

I remember last year someone asking where I would buy and I told them Rock Creek in Superior, Colorado is a very good choice.  At the time it was a buyers market, but the indicators where showing that change was on the horizon.

If you are still thinking of Buying Rock