Boulder Real Estate Stats Update

graphstate.gifWith 10 new pieces of Boulder real estate for sale over the weekend and another two new ones on the market today, it looks like there are plenty of people interested in selling homes in Boulder.

Now, just so you don’t think that everyone’s trying to sell and no one is buying, keep in mind that historically in most markets only about 20% to 30% of the homes ever listed for sale actually sell. Check out what sold in the last couple of days. Also, worth noting that 26 homes sold in Boulder last week. I’ll give some state at the end of this post on that.

That may seem like a strange statistic that on average only about 20% of the homes for sale actually sell in any given month… but it’s been true even with a hot market like we’ve had back in the early 2000’s. Having said that, there were two sales recorded today to start of the week and there were 9 sold last week.

Here’s the two that were recorded as sold today:

730_35th.jpg730 35th … ($329,000)1323 finished total sq foot ranch style home near CU.

It was on the market for 28 days before under contract and closed within about 30 days after that. Pretty decent turn around. There aren’t many homes in Boulder at or near this price range with an average price of over $500,000 and many homes offered over $1,000,000.

289-pearl.jpg289 Pearl St. … ($969,000) Over 3200 finished square feet, built in 1993, close to the pearl street mall and on the market only about 60 days before going under a contract.

These two seemed to have been priced right.

As far as the last week’s sold stats, the high price was $1,615,000; low price $262,440 and the average of the solds came in at $637,446 for the week’s business. The average days on market for these 26 sold homes is 90 days. Also worth knowing, the local MLS tends to be the number of days until closing, not the number of days until it’s under contract.

If you’re still needing answers and want to know something specific about what I have here or want something more on one of these homes, please let me know.

… AND, you can FOLLOW THE LINKS I have for you on the right side of this page to find some great information. Please see my video tour section, to see tours of Boulder real estate for sale, business profiles, neighborhood profiles, and new development profiles. I want you to find exactly what you want, and get all the info you need. Call or email me now to get straight answers, and start the process of finding the perfect solution to your real estate needs.
-Zachary Epps, full-time professional Realtor® and EcoBroker®


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