Superior Real Estate is looking strong Through June 2012

Posted by Greg Smith on Monday, June 11th, 2012 at 5:33pm.

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 Creek, Saddle Brook, and Superior as a whole is still a good choice prices have maintained fairly flat, but based on the graph above and the market pressures this may not the be the case next year.  From what I see we will see upward price trending for Superior for the next few years ahead.

If you are thinking of buying a home be sure to visit us at www.boulderhomesource.com we are here to help and we know the market.

 

Greg Smith

Leave a Comment