There are currently 12 homes available and 10 homes under contract in the Sunrise Ridge and Westwoods areas. 4 of the available homes and 4 of the homes under contract were listed in November.
There are currently no townhomes or duplexes available in these neighborhoods. 3 townhomes are under contract two of which were listed in November.
We are still seeing a strong market for homes under $550,000. Of the 12 homes that are available, only 5 are under $550,000. In September and October we saw 14 home close in this area, 9 of them homes were under $550,000. There are currently 10 homes under contract and all but 2 are under $550,000.
Townhomes and duplexes are still going under contract within a few days and most are selling over asking price.
The Cole & Whittier markets have not seen much of a slowdown when it comes to available inventory. We have just recently started to see a slight lull in new listings which tends to happen in between Thanksgiving and the end of the year. Most sellers are not interested in listing during these times unless they absolutely need to sell. We currently have 58 active listings with 33 of those under contract. This leaves 25 available listings ranging from $215,000 up to $750,000. In October we saw 26 new listings which is only down 1 from September. I predict we will see quite a bit less for November & December but this is to be expected.
Here are some new listings that have hit the market in the last 2 weeks:
8744618 3724 York St $524,900 4/2 2,709 SF $193/PSF
3576539 2732 N Ga
Currently there are 26 active listings on the market in the Jefferson Park neighborhood. The average list price is $681,546 with the highest priced listing being 4.2 million and the lowest $338,900. There is a wide variety of prices in this neighborhood. The 4.2 million listing is probably throwing off the home average price though. Currently there are 9 properties that are Under Contract with an average price of $404,000
The listing that has been on the market now for 133 days is the 4.2 million dollar listing. This listing is not the norm for this area. Normally the highest priced properties are in the high 7s.
In the month of October there were 11 properties that were sold. This neighborhood is still very active and probably will be for some time. The average price of the homes s
In the Front Range, and more specifically the Boulder area, homeowners have a lot to be thankful for, as they are seeing double-digit appreciation at a time when inflation is below 2 percent. The spread between inflation and housing appreciation has probably never been higher.
The average price of a home sold in Boulder County was $638,146 in October, 17.7 percent higher than the average a year earlier, according to the Colorado Association of Realtors.
In mid-October, 897 single-family home were listed in Boulder County, and 376, or 42 percent were under contract, well above the average of 22 percent. Last year, there were 1,023 active listings, and 368, or 35.6 percent, were under contract.
As of November 18, 2015, in South Boulder, the inventory is non-existent for condos/townhomes. That’s
The number of active listings has been consistently low for the last 3 months averaging 18 homes for sale. The average price per square foot has been varied depending on the number of homes over $1.5M that have sold.
The Porchfront homes that are now completed on the west ends of Sumac, and Tamarack went under contract quickly due to their pricing for new construction at $400-$420psf.
Condos and small single family homes between $400-700k continue to sell quickly around $279psf. Vacant lots, and “scraper homes” continue to be in demand when available for $600-700k for .3-.4 acres depending on the street.
The highest priced homes (per square foot) continue to be those that are new, or newly remodeled with a contemporary layout and finishes.
Based on the number of buy
There are 6 single family detached homes available on the market at this time, and 11 under contract. This is a big jump from last month, that had only 5 homes under contract. Of these homes, we only saw one new listing hit the market, and one that was previously under contract is now back on the market. While both are in the $450-$470k range, they are very different homes. Center Drive has unobstructed panoramic views, and Cole Court is remodeled top to bottom. The rest of the inventory has been sitting on the market since as far back as August.
In the condo/townhome market, there are 5 homes available – with 4 new listings in November. 690 S. Youngfield is a great townhome that has been on the market since September, probably because it is a 2 bedroom where most of
It is getting cold outside, and as expected, our market is cooling off a tiny wee bit.
It’s just this time of year. After Halloween… everyone starts to realize that Thanksgiving is just around the corner and then it will be the Holiday season.
There are definitely still buyers interested in our SW Longmont location.
We had a total of 6 new listings in the month of October, and 5 of those are already under contract! The only one currently available is in Somerset Meadows and listed above $1,000,000. (not as many buyers fall into this category!)
New Listings October 2015
MLS# Address Price SqFt BD BA Price/SF Status Days to Contract
IRES 777050 3703 Glenneyre Dr $1,200,000 5621 4 5 $213.49 Active
IRES 778241 8
Northridge currently has a low inventory of homes for sale at only 8 listings. Three of these listings have been sitting for a month or more. Recently I visited 1046 Cobblestone Dr. which has been on the market since August. This home is a beautiful and large home. I believe it is priced in line for the finished square footage provided, however, for its location and comps along Cobblestone, it is priced high. I would price this home more in the $330,000 price range.
If you look at this month’s active listings, in comparison to October’s, you can see a significant slowdown in the number of homes being listed. With half the amount of listings, buyers will continue to struggle with the purchase of a home.
The homes we are seeing at this point in the year are sitting between $330,000 – $450,000. Any home that is priced below the $330K mark are not lasting long. Do not let this discourage you from purchasing a home during the winter seasons. Often times, t
The fourteen current listings in City Park West range in price from 298K to 1.475M, and average $255 price per square foot. The anomaly is a 4K+ square foot house on Gaylord. There are currently several properties listed with high cumulative days on the market. These range from 494K-565K and are priced a little high for the market, averaging $320 per square foot.
Last October 2014, ten homes were sold, ranging in price from 660K-935K. Average price per square foot was $259. Average cumulative days to market was 58, ranging from 2-312 days to sell.
In October 2015, eight homes sold, averaging $311 per square foot. These were priced between 330K – 733K. Cumulative days on the market were very low in this hot market, at only 2-40 days. This accounts for the removal of the one anomaly mentioned above, that has been sitting on the market for 763 days. Homes sold in October 2015 went for 92% of asking price.
November 2015 sales have included 6 homes priced betwe