In Boulder, just 121 single-family homes came on the market in July after two months of increases. Average prices dipped again from $1,673,139 in June to $1,513,705 last month. Still, the year-to-date average is up 11.4% compared to 2021 showing healthy equity gains.
Across Boulder County, the average decreased to $1,006,954 for single-family homes and listings are going for 99.6% of their asking price. Again, county numbers show that average home prices stand at $1,126,402 year-to-date which is 10% higher compared to the same stretch of time in 2021.
And in Longmont, single-family home prices were down month-over-month, now at $710,355. However, townhouse/condo prices were up 6.4% compared to June.
YOUR REAL ESTATE PORTFOLIO
You've likely heard the saying, don t put all your eggs in one basket. That s the basic premise behind diversifying which is applicable to all types of investments, including real estate.
By diversifying, you're better protected and have a better chance of growing your wealth. When looking at your real estate investments, be sure to mix things up in the following ways: " Type: Residential, retail space, land, industrial, office space, etc. " Strategy & Hold Times: Look at monthly cash flow and long-term properties " Location: Explore different neighborhoods, regions, and even states " Overall Risk: Don t overcommit to investments that are highly speculative CLICK HERE to learn more about making smart investments.
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PORCHLIGHT FEATURED LISTINGS
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LOUISVILLE FALL FESTIVAL
Head to Memory Square Park to enjoy local artists, crafts, food trucks, and family fun including a performance by Paige and Jeff. Parade on Main Street at 10am, too!
September 5: 9am - 3pm
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BOULDER FALL FEST Enjoy local food, a large beer/wine/margarita garden, live music, family entertainment, and the Firefly Handmade Market all along the historic Pearl Street Mall.
September 16: 5pm - 9pm
September 17: 10am - 9pm September 18: 10am - 5pm |
LEFT HAND OKTOBERFEST
Local brewers host this annual Longmont event complete with their Oktoberfest Märzen Lager, live music, firkin tapping, stein holding contest, food trucks and more!
September 23: 4pm
September 24: 11am |
Dina Piterniece
Broker Associate
720.317.3649
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[email protected] |