Third Quarter Market Update Boulder Colorado
I’m a little surprised at the single-family home market, and encouraged by the activity and numbers in the condo portion of the market.
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.
Boulder Sold Single Family Homes Q3 2011:
Number Sold: 181
Average Sales Price: $655,330
Median Sales Price: $539,000
Average Days On Market: 116
Here’s the statistics for Q3 2010:
154 sold, ADOM 87, Average price: $635,815, median price: $538,750
The surprise here is that when we compare these two quarters, single family homes aren’t moving as strongly as condos and townhomes (attached ).
Look for my upcoming comparison of 2010 vs YTD 2011. That may provide a different look at the true trend.
Boulder Sold Condos Q3 2011 :
Number Sold: 190
Average Price: $275,826
Median Price: $230,706
Average Days On Market: 152
Compare this data with the 3rd quarter of 2010:
145 sold, ADOM 143, Avg price: $278,052, median price: $225,000
The sky is not falling, with these numbers, it confirms we’re on the upswing.
-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.