Louisville Real Estate Market Update July 2010

Louisville is still a top-rated community. Single family homes are not selling as quickly in the community, but market prices are hanging in there, as compared to some other parts of Boulder County. Money magazine didn’t include Louisville as one of their top picks this year, but the criteria changed.

Another way to get the inside track of this community, or other areas and businesses is to take a look at my neighborhood profiles, and  Boulder business profiles, here on my site.

They’re short videos that give you a personal inside view on what our area is all about.

I’m still adamant that you need to get out and experience the neighborhood where you are considering to move into.

Go drive around at different times a day, explore the neighborhoods, … then maybe it’s time to look at houses, and study the data.

Here’s your information for sold homes in Louisville, Colorado for July 2010:

Call, text, or email me if you want to talk about getting inside one of the homes for sale, OR if you are ready to sell, and want to discuss some unique marketing strategies for attracting the most buyers for your home for sale.

Louisville Sold Single Family Homes July 2010 :

Number Sold: 21

Average Sales Price: $446,316

Median Sales Price: $425,000 (slightly down from last month)

Average Days On Market: 133 (way up from last month)

Louisville Sold Condos July 2010 :

According to our MLS data only one condo sold in Louisville in July.

Here’s the data on that property, and I’ve left in the June stats below for comparison.

Sold in July: 297 S Taft Ct 8-44, asking price: $161,900, sold price: $160,900, seller concession $2,000 (so net sold price = $158,900, Days on Market until closing= 40, days until offer (DTO)=6.

June Stats:

Number Sold: 6

Average Price: $218,833

Median Price: $184,500

Average Days On Market: 85 (slightly down from this spring)

Even when you find a home you decide will be your next place to live, please don’t get too bogged down in the numbers. Give yourself a chance to ‘feel’ what it may be like to call this home, neighborhood, and town your new home.

Sometimes that compilation of reasonable evaluation of financial investment, balanced with the ‘quality of life’ has a huge impact on what your next home is really worth.

Thinking about buying a new home, or getting ready to sell?

Call, Text, or Email me. I will listen to you.

You may also find  my neighborhood profiles, and  Boulder business profiles informative and useful. They’re both great ways to learn more about what’s going on in Boulder. Call, Text, or Email me today!

Zachary Epps, GRI, ABR, REALTOR®, full-time RE/MAX professional,  and author of the Boulder Real Estate and Neighborhood Guide.

Also, I’m never too busy for your referrals.  As a real estate professional intent on giving back to the community, my relationship-based approach is exactly what you’ve been looking for in a helpful RE/MAX Professional.

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