Boulder Condos Real Estate Market January Summary

810-marshall-view.jpgHere’s the scoop on the Boulder condos sold in January 2008. The Boulder real estate market was pretty active with almost as many condos sold as single family homes. There were 29 Boulder condos sold last month and there were 39 single family homes sold in that same time period.

Here comes the basic numbers for January including Boulder condos sold, condos for sale and also Boulder condos that failed to sell. While we’re hearing that the FHA limits might not pan out to help us much with the local Boulder real estate market, the increase in terms for the Jumbo loan market may help.

The economic stimulus package that congress approved seems to have headed int he direction we wanted for jumbo loans so that the threshold will be somewhere in the $700’s instead of down around $417,000.

SOLD Boulder Condos:

Average Price: $ 421,299

ADOM: 182

Total Number Sold in January: 29

1-broadway.jpgHigh Price: $1,558,236

1 Broadway Brownstones #107

Carlsons Subdivision on Broadway N. of Balsam, 4 bed, 4 bath, 3131 fin sq. feet.

eden-east.jpgLow Price: $91,900

2707 Valmont Rd D-103

Eden East Condos, 1 bed 1 bath, 576 fin sq feet.

Boulder Condos that FAILED to Sell in January:

Average Price: $389,904

ADOM: 216

1155-canyon.jpgHigh Price: $1,595,000

1155 Canyon Blvd #302,

2 bed 2 bath, 1991 sq feet

oneal.jpgLow Price: $117,000

3030 Oneal Pkwy M-15, 1 bed 1 bath near 30th & Iris.

Boulder Condos Currently For Sale:

Total Number Currently for Sale: 418

Total for Sale (not already under contract): 326

Average Price: $490,491

Average Days on Market (DOM): 133

walnut-condo.jpgHigh Price: $3,499,000

1655 Walnut, 3 bed 3 bath, 3447 sq ft, 3 car garage

penthouse unit at The Walnut Boulder.

stonegate-condo.jpgLow Price: $99,900

5116 Williams Fork Trail, 1 bed 1 bath at Stonegate Townhomes in Gunbarrel

Comments

One Response to “Boulder Condos Real Estate Market January Summary”

  1. Greg Hult on February 16th, 2008 4:17 pm

    My wife and I keep coming back for the market updates on your blog. We’re not planning on moving any time soon but it’s interesting to see the data on what’s going on in the local Boulder real estate market. If we ever decide to move, we’ll be sure to get in touch with you as you seem to really know what’s going on in the local market.

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