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Thursday, June 13, 2013

Market Update June 2013 for Boulder County and Surrounding Areas



The market is hot! Everywhere you go, you see an improvement and this applies to many areas in our region and the entire nation. Boulder County and surrounding locales is no exception. Take a look at some of the numbers from our most recent market update.

Sales Continue on a Positive Upswing
Looking at year over year numbers, we have consistently seen improvement in our sales volume and this year marks a significant jump over the same time last year. With sales in Boulder County up 15% we can reasonably expect stronger market conditions moving forward.

Prices Remain on the Rise
Overall our prices are up 7% across the board with more of an increase in prices for Longmont. Longmont experienced a 16% jump year over year in the wake of a very dynamic local marketplace that has continued to evolve and grow during the last few years.

Average Sales Prices Are Strong
Average sale prices are holding steady at about $640,000 in Boulder County and $685,000 within Boulder city limits. Lower priced homes are averaging at about $283,000 in the Longmont area.

Plenty of Inventory for Buyers
Contrary to media reports of there not being enough homes on the market, there are definitely plenty active listings in our marketplace. At the present time there are 1,347 active listings on the MLS with 147 under contract.

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If you would like a customized consultation to discuss your home buying, selling or property investment goals – I invite you to call the Bernardi Real Estate Group today!

303-402-6001