Market Stats and Facts

Stay up to date with the latest Colorado market statistics and facts.

Found 8 blog entries about Market Stats and Facts.

We've all heard it, location, location, location. Buying real estate may be the biggest financial investment you ever make, so maybe we should be saying investment, investment, investment. When I asked local real estate experts where they thought the next hot spot for real estate investment might be they all had the same answer: The Lafayette, Colorado housing market.

Why Invest in Real Estate In Lafayette Colorado?

Lafayette is growing immensely in popularity. Like its neighbor Louisville which saw greater home value growth in 2014 than even Boulder, neighborhoods in Lafayette, such as Waneka Lake and others below, will likely follow the same pattern. As Louisville and Boulder's subdivision are nearly fully developed, people tend buy in the

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Whenever you move into a new city, it's important to choose an area with the right schools for your children. Boulder, Colorado and its surrounding cities provide great schools for all age groups and even adults. This is not only a college town, but also a vibrant community with plenty of excellent schools.

For more information and ratings go to: greatschools.org

Boulder Valley School District

This district includes preschools, elementary, middle and high schools serving the area. Top rated schools in this district include:

  • Bear Creek Elementary School 10/10
  • Douglass Elementary School 10/10
  • Flatirons Elementary School 9/10
  • Mesa Elementary School 10/10
  • Superior Elementary School 10/10
  • High Peaks Elementary School 10/10
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Tuesday reports were released from the S&P/Case-Shiller Home Price Indices which provide the most reliable measurements of changes in value for the US residential real estate market. This report indicated that home prices in and around the Denver area increased by 8.5% from December 2011 to December 2012. This increase marked the "12th straight month of gains" and illustrated the largest annual growth for the area since 2001.

S&P/Case-Shiller Reports Denver Real Estate Prices Rose 8.5% In 2012

With the predicted increase in home sales and price, many homeowners in the Denver metro area have been considering making the move into new real estate. These figures show that the longer you wait the more money you will pay. The buzz in our area is that it is a seller's market, which is now backed up by these findings. Many

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2013 is gearing up to be a fantastic year for the real estate industry, especially in Boulder County and other Front Range areas.  The predictions are numerous and strong that next year we will see large movements of renters becoming homeowners while home values continue to increase. 

Boulder County and surrounding municipalities offer residents top rate amenities, city service, and complete access to the outdoors.  Lifestyle options in the area vary, ranging from metropolitan to rural and feature a unique inventory of homes. With the real estate comeback not nearly in full swing, this spring/summer 2013 is sure to be sizzling in the Boulder/Denver area.

A solid indicator that it’s probably a good time to put your home on the market in Boulder

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Absorption RateIf you are in the real estate industry you already know how significant the absorption rate is to buyers, sellers, and agents.  However if you are not familiar with this term, it is really worth understanding if you have any interest in buying or selling a home.

The absorption rate is a simple calculation between the total number of available homes for sale and the average number of sales per month. This figure shows how fast homes are selling in a specific market during a certain period of time.  The significance of these findings indicate how long it will take to exhaust the current inventory of homes for sale in a target market.

Typically, a high absorption rate means that homeowners will sell their properties in less time.  This factor is

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The average price per square foot for a single family home for sale in Broomfield CO was $159 in October 2012.  This an increase of 1.3% compared to the same period last year. The median sale price for a single family home in Broomfield neighborhoods was $299,750 based on 331 year to date sales. Compared to the same period last year the median home sales price has decreased significantly.  With that being said the amount of time in which homes are sitting on the market before going under contract has decreased by an astounding 39.5%.  This is due to a 41% decease in inventory around the County of Broomfield.  

Conclusion: If you are looking to buy or sell a home in Broomfield Colorado these statics show that it is a good time for both.  Owners have

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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.

 

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