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