Real Estate Market Update Q1 Boulder, CO

Homes in Boulder are selling more quickly than ever.

I’m seeing homes that have sat on the market for 200 to 300 days that are now moving. Sellers are getting multiple offers, and full price offers.

You won’t see it in the media much yet, but the time will be soon.

Usually the media tend to wait for lots of sold data reports, and even then, the information stream lags behind what really happening.

Year over year as we compare sales data it seems that more and more homes are selling as compared to previous time periods, and we’re pretty sure the bottom was back in 2009 or early 2010.

Prices will fluctuate during this time, and appreciation will lag slightly, but don’t wait too long…

As homes move more and more quickly, and for full asking price, or darn close to it, we’ll see prices increase soon enough.

In the meantime, check out the stats for the first quarter for Boulder sold homes:

Boulder Sold Single Family Homes Q1 2012:

Number Sold: 145

Average Sales Price: $689,373

Median Sales Price: $615,000

Average Days On Market: 141

Boulder Sold Condos Q1 2012:

Number Sold: 123

Average Price: $339,603

Median Price: $254,900

Average Days On Market: 176

Zachary Epps, GRI, ABR, REALTOR®, Eco-Broker®, full-time RE/MAX professional,

and author of the

Boulder Real Estate and Neighborhood Guide,

The Boulder Condo Guide, and The Home Buyer’s Handbook.

Call, text, or email me today! … I’d seriously enjoy having the opportunity to talk to you about your plans if you’re moving, or if you know someone who is considering a move, and needs some straight answers.

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