Year over year, and quarter over quarter the trend continues as the number of homes sold rises steadily.
The media is finally, slowly beginning to see that this trend of high volume of home sales is having an impact on the community.
There are many factors, and I think the real driving force is still supply and demand.
This year, a large number of the people I have the privilege to help find new homes in our area came here for quality of life. They embrace the outdoors, and more than that, the option that they can go outside comfortably, in such a beautiful setting and avail themselves of all that an area like Boulder has to offer.
Let’s look at the statistics for the third quarter sales in the city of Boulder:
The market is still hot in Louisville Colorado and all through the first three quarters of 2012 residential real estate has sold well, if you could find something to buy.
That’s been the big issue locally is that there’s what we call ‘low inventory’. With very few homes for sale, relative to the demand, you’d think more sellers would get on the band wagon and see that it’s a great time to sell.
Perhaps it’s because while homes are selling quickly if they’re priced right and prepared and marketed properly, values / prices haven’t risen yet.
There’s usually a lag of at least a couple of years, and that’s just about what it’s been… two years since we’ve seen a sharp uptick in the number of homes sold in the local area.
Some of what continues to drive people to this locale continue to be proximity to amenities, and jobs throughout Louisville and the surrounding area including Interlocken, the highway 36 corridor, Denver, Boulder and Broomfield.
Also, high opinions and high ratings on the local schools seems to be a driving factor for many people.
The booming activity with lots of great restaurants and shops on Main Street in downtown Louisville doesn’t seem to hurt either.
Let’s take a look at the third quarter statistics for Louisville, Colorado.
Whether it’s a bucolic residential lifestyle, genuine suburban living within an easy commute to shopping and work, or another reason, it seems Superior continues to be a destination in high demand for home buyers.
Even without the influx of earlier anticipated job growth from ConocoPhillips, this area is doing well; real estate values are steady, interest rates are low, and home sales are at an all-time high.
Check out the stats for the third quarter for Superior, Colorado sold homes:
Boulder’s tech job spike puts another piece of bread on the sandwich… Interlocken on one side and Boulder on the other, with Superior in the middle.
People are attracted to Superior for the miles of bike paths, the community parks and pools, acres of open space, and proximity to both Boulder and Denver.
For those that need to shop, everything from Whole Foods, Sports Authority, Costco, Super Target and a beautiful world-class mall with both indoor and outdoor shops are plentiful.
Check out the stats for the first quarter for Superior, Colorado sold homes:
I was on the phone today with a man from NYC who said he’s had enough of the crazy neighbors and the maniacal home owner’s association and he’s ready to move.
This guy has a view of the Brooklyn Bridge! Whoa!
Another family I just helped moved from Australia a couple weeks ago, and picked out a house in Louisville. We were first in touch about two years ago, but the time is right, and now here they are.
What? Is there something in the water?
Check out the stats for the first quarter for Louisville sold homes: