Boulder Real Estate Market January Summary

flatirons.jpegThere were 39 homes sold in Boulder in January ranging in price from $312,000 to $1,680,000.

Things are picking up in the local Boulder real estate market and we actually saw changes and more activity in early December 2007.Today I’ll give you a run-down on the basic numbers for January for homes sold, homes that didn’t sell and I’ll also share with you some info on homes currently for sale in the Boulder real estate market.

I’m optimistic about 2008 and so are many in the real estate industry, mortgage industry and even leading economic specialists have been forecasting a strong economy and strong Boulder real estate market this year.

SOLD Boulder real estate:

Average Price: $683,079

Total Number Sold in January: 39

515-forest.jpgHigh Price: $1,680,000 (137 DTO)

515 Forest Ave

in Newlands neighborhood a couple blocks NW of N. Boulder Park

4893-curie.jpgLow Price: $312,000(112 DTO)

4894 Curie

in Plum Creek 3 neighborhood

NE of 47th & Valmont

Boulder real estate that FAILED to sell:

Average Price:$1,165,068

Total Number Failed to Sell in January: 25

1520-19th.jpgLow Price: $339,000

1520 19th St. (128 days to failure)

Culvers Subdivision near 19th & Arapahoe, close to Naropa.

35-bellvue.jpgHigh Price: $4,195,000

35 Bellvue Dr. (197 days to failure)

High Sierra Subdivision, Near Bellvue and Sierra on the edge of Chautauqua Park.

Active Listings (Homes for Sale):

Total Number Currently for Sale: 336

Average Price: $952,230.

Average Days on Market (DOM):

2637-tumwater.jpgLow Price: $168,135 (entered market 12/7/7)
2637 Tumwater Ln.

Iris Hollow Subdivision, near Folsom and Iris

308-arapahoe.jpgHigh Price: $6,500,000 (entered market 8/7/7)

308 Arapahoe Ave.

2.8 Acres surrounded by open space on the west edge of downtown near entrance to Boulder Canyon.

Month after month, we see that there’s something for everyone in the Boulder real estate market. Some of you might not agree as prices continue to rise in our area.

I think when you look at the numbers and see that on one hand, you can buy a single family home in the heart of Boulder (Folsom & Iris) for under $200k; and on the other hand, you can find an extremely beautiful custom home such as 308 Arapahoe, there’s truly something for everyone in my opinion.

Drop me an email if you want to see more photos of either one of these homes or any other property in the Boulder real estate market.

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