April 2023 Boulder Porch Report

Warmer weather and more sunshine have arrived. Hopefully, you’re getting out and about more, perhaps hitting the trails or tackling yard projects. Need a hand? I’d be happy to connect you with a local professional. And if you or anyone you know has a big move in mind, I’m always available to guide you. Feel free to reach out anytime.

In the city of Boulder, 134 new listings (single-family) came on the market in March, up from 88 the month prior. Accordingly, the median home price decreased slightly from $1.4 million in February to $1,357,000 for March.

However, sellers still received 99.1% of asking price, and time on the market dropped by another 5 days month-over-month. March also closed with 2.8 months of inventory still available across the city, that’s up 211% compared to the same period in 2022.

Looking at Boulder County as a whole, the median price for single-family homes in March was $899,500 versus $842,500 in February. That’s a decent increase month-over-month and even a 2.8% increase over March of 2022.

It’s no secret that the price of groceries has gone up. In fact, according to the consumer price index, there’s been a 10.2% increase year-over-year.

So, if you’ve recently purchased a home and would like to start planting or simply want to spend less at the grocery store, here are a garden few basics to keep in mind:
• Amount of Sunlight
• Accessibility to Water
• Plant Hardiness Zone
• Quality Soil & Drainage
• What to Grow
• Required Maintenance

Homeowner association fees are a fact of life in some communities. These are fees that support the maintenance and upkeep of the community.

Condo and townhouse complexes are often governed by HOAs, but many neighborhoods of single-family homes have homeowner associations as well. The Foundation for Community Association Research estimates that 25 to 27 percent of all U.S. homes are now part of HOAs.

If you’re considering buying a home in an HOA community, you may wonder what HOA fees cover and if they’re worth it. The answer really comes down to this: whether you value the services and protections the HOA provides.