Boulder County Home Sales Level As Inventory Stays Short

Home Sales Level As Inventory Stays Short

Posted by RE/MAX of Boulder on Monday, February 27th, 2017 at 1:07pm.

January home sales confirmed expectations that local Boulder real estate sales would come out of the gate slowly in 2017.

Single-family home sales for Boulder, Colorado rose 1.9 percent in January – 218 units sold compared with 214 units sold in January 2016. Month-over-month, January 2017 sales dropped 2.6 percent compared to December’s 224 units sold.

In condominium/townhomes, 57 units sold in January, an 18.8 percent improvement compared with 48 units sold a year ago, but a 51.3 percent drop compared with the 117 units sold in December.

“The relatively slow start was expected. It’s just a fact that Boulder County home sales will continue to be influenced by low inventory and high demand in all market areas and categories,” explains Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.

Inventory of single-family Boulder-area homes for sale declined 2.1 percent in January compared to December 2016 – 510 units vs. 521. Condominium and townhome inventory improved 23.9 percent in January compared to December – 114 units versus 92 units.

And the overall picture is more of the same: strong demand and low inventory, resulting in rising prices.

All but two Boulder-area communities saw median home sale prices increase in January. Median sales prices across the county ranged from $372,500 in Longmont to $820,000 in Boulder – down from $904,500 in January 2016.

Beyond that trend, Hotard says predictions in this market are difficult to make. “I don’t think anybody’s got a great crystal ball on this one. It’s an ongoing story of low inventory, high demand, which harkens back to the old television show jingle ’round and round she goes, where she stops nobody knows.”

Market conditions that influence real estate prices are strong in the Boulder Valley, explains Hotard.

“We’ve got a 2.2 percent unemployment rate, wages are going up, job growth continues to be strong, and we’re not building enough housing to meet demand – not even close.”

With those market conditions continuing month after month, he says the outcomes for the housing market are relatively inevitable; however the potential for rising mortgage interest rates could influence home prices.

On the bright side, though home prices have increased in all market areas – including Longmont where the median sales price rose more than 12 percent last year – Longmont still has affordable homes and has some projects yet to be built.

And if you want to sell your home – and you know where you are moving to – Hotard says you’re in a good position. “For sellers, this is a great time because you’ve got that high demand and low interest rates and prices are rising.”

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

Photo Essay of Historic Downtown Louisville, CO

Louisville, Colorado is a gem of a town and community! The http://www.downtownlouisvilleco.com website has a fantastic photo essay that gives you historic perspective on this town and how it became what it is today.

Louisville History

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

Coming Soon: 1847 Yarmouth Ave., Boulder

Coming Soon: 1847 Yarmouth Ave, Boulder!


Want to schedule a preview? Just let me know – Email Janet!

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

Boulder Ranked Top 10 Environmentally Friendly Cities for Families!

 

 

Boulder just keeps raking in those accolades! Our city was just ranked one of top 10 environmentally friendly cities for families in new study that looks at factors like air quality and average household carbon footprint. Get the full scoop on how Boulder stacks up in the Best Green Cities for Families 2017 report by SmartAssets.com.

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

Boulder Earth Week Starts Today!

Boulder Earth Week is chance to start seeing many, diverse climate-action efforts here in Boulder together in one place, one week, one growing agenda. With 40+ events happening throughout the community and 40+ partners and co-conveners, there is no shortage of ways to get involved in Boulder Earth Week – April 19-29, 2017!

Boulder Earth Week Events Calendar

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

2017 Boulder Valley Real Estate Outlook Report: Statistics, Trends and Outlook

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The 2017 Boulder Valley Real Estate Outlook Report Gives You The Inside Scoop!

Re/Max of Boulder is proud to present this in-depth breakdown provided by us and beneficial to all. Get the details on Boulder Valley statistics, trends and outlook.

Read, share, and download: http://bit.ly/2kHb3MZ

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

Gardeners: Learn how to grow native plants for beauty and ease

 

Gardening with Colorado’s Native Plants?

The City of Boulder is promoting gardening with native plants. Why? Because they are beautiful, low water, once established low care.

Beauty – Boulder’s natives are gorgeous additions to any garden, providing a range of growth habits from ground covers to shrubs and trees, with lovely foliage plants and hardy bloomers included. A native garden will bloom from very early spring until well after the first snow flies.

Uniqueness – Chances are, no one else on the block will have a garden like it. Many native wildflowers and grasses are more subtle than the run-of-the-mill hybridized petunias, marigolds and pansies that everyone else has.

Low Care and Low Water – Since they have grown here for millennia, Boulder’s natives have evolved to shrug off anything the local environment can throw at them. Hail? Drought? Heavy spring snow? Early frost? No problem. Once established, most will never need to be watered.

Wildlife – Colorado’s fauna and flora have developed countless symbiotic relationships. Native plants will attract a bevy of beasts, birds, bees and butterflies to your yard. Plus, you can feel good about providing animals with the habitat they need to survive.

Biodiversity – Native plants have suffered under an onslaught of exotic species. Some introduced garden plants, like dame’s rocket, perennial sweet pea, myrtle spurge and purple loosetrife have escaped cultivation to become noxious weeds. They threaten to destroy the natural lands that you have purchased through the OSMP program. Give the natives a chance to reclaim the landscape by sowing them in your garden.

Our Heritage – Native plant gardens celebrate our biological and cultural heritage, helping to maintain a local and regional identity of which we can be proud. Learn about and pass on the lore and knowledge humans have gleaned from these plants over the centuries.

Success – If you provide these plants with the same care and environment they receive in the wild, they will succeed. That’s good for you!

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

Enjoy A Taste of Pearl Street!

Taste of Pearl is just around the corner! Downtown Boulder’s Taste of Pearl showcases the talents of some of Colorado’s most renowned restaurants & chefs.  Now one of the state’s most prestigious culinary events, Taste of Pearl is celebrating its eighth anniversary pairing 15 Boulder restaurants with 15 Colorado wineries/distilleries.  The tastings will be hosted in 15 of downtown Boulder’s best boutiques and galleries. Tickets sell out for this annual event, so if you want to attend, get your tickets early!

This year Taste of Pearl is April 23, 2017, 2 – 6 p.m.

Buy tickets at Taste of Pearl 

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

What Did They Find? The Archaeological Investigation of the Industrial Mine in Superior, CO

Did you know that there was an Industrial Mine in Superior? Learn more about the history of this mine and what they found when archaeologists investigated the Industrial Mine. Jenna Wheaton and Laura Vernon will share their experiences and findings from a recent archaeological dig at the site of the former Industrial Mine in Superior, Colorado. Admission is FREE.

Archaeological Investigation at the Industrial Mine in Superior
Thursday, April 20th @ 7:00 pm
Superior Town Hall
124 E. Coal Creek Dr., Superior

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197

 

April Kicks Off Boulder County’s Awesome Weekend Farmers Markets!

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Don’t miss the Boulder County Farmer’s Markets! Get your veggies and so much more every Saturday throughout the season in both Longmont and Boulder at these dynamic farmer’s markets. Live music. Kids activities. Prepared food.. Garden starts. And much more!

Boulder Farmer’s Market Hours: Saturdays 8 – 2pm

Longmont Farmer’s Market Hours: Saturdays 8 – 1pm

Do you go to the Farmer’s Market to get your veggies, fruit, or prepared foods?

 

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I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs! 

Janet Leap, GRI
RE/MAX of Boulder
720.938.4197