Currently there are 9 homes for sale in Wonderland Hills, with 3 of these under contract.
Homes continue to sell quickly this year. What is interesting is what prices have done this year in the real estate market. With more listings on the market this summer and fall compared to the first quarter of the year, the price per square foot of homes selling has dropped. With a small inventory of homes on the market in the beginning of 2015 – prices were higher. First quarter home sales in Wonderland Hills had a median sales price of $898,500 and $388.48 per square foot. Second quarter sales had a higher median sales price of $1,017,500 but the price per square foot was $341.64. The third quarter of 2015 , the median sales price has dropped to $970,000 and a lower price per square foot of $318. This seems to be due in part to the larger number of homes for sale in Wonderland Hills and in Boulder, but still much less of a home inventory from several years ago.
Probably the biggest difference this year is the increase in inventory of homes for sale this summer and fall. Homes are still seeing an increase in appreciation.
The year is not over yet. It will be interesting to see how 2015 ends.
*Not all properties were listed and/or sold by 8z Real Estate. This data is based on content supplied by REcolorado, IRES, PPAR, and/or MLSListings. Content is deemed reliable but not guaranteed. Content may not reflect all real estate activity in the market.
Please call me if you need any assistance in Wonderland Hills. I’d be more than happy to discuss the current market’s activity, show homes from the current inventory and help you with any of your real estate needs in the neighborhood. You can always reach me at 303.818.1390 or email@example.com.