February 2023 Boulder Porch Report

February 2023 Boulder Porch Report

  • Dina Piterniece
  • 02/1/23
HELLO!
With a busy spring real estate market just around the corner, we’re already seeing an uptick in activity though prices remain restrained. If you’re thinking about buying or selling, get in touch first. It’s going to be a time of nuance and micro-markets, so let's find you the right strategy.
A LOOK AT THE MARKET1010.png
January marked the start of buyers and sellers getting back into the market post-holidays. The median single-family home price in the city of Boulder was $1,140,000, up slightly from $1,117,800 in December and 3.6% higher than the same time period in 2022.

The Boulder County median for single-family homes was $762,714 versus $800,000 in December with prices decreasing in Erie and Lafayette while increasing in Longmont and Louisville. Prices across the county also came in at 1.8% higher than in January 2022.

With more activity in the single-family market, the townhome/condo segment saw big decreases in median price, down $83k in the city of Boulder and $31,000 across the county.
CLICK HERE to learn more or reach out to discuss your real estate needs.
WHY BUY A FIXER-UPPER
AS YOUR FIRST HOME
1010.png
Buying a fixer-upper as your first home (or third) is the home-buying hack you didn’t know you needed.

In 2021, nearly 30% of houses were purchased with all-cash offers. Although the market has cooled off somewhat since then, it can still be hard to compete.

One way to beat the crowds of other homebuyers is to buy a fixer-upper. Sure, it won’t be picture-perfect the day you move in. But it may be more affordable. Plus, you get to put your own spin on the property over time and truly make it your own.

And if you find a great house that needs work right away, there’s a loan for that.
CLICK HERE to read more on the Fairway Mortgage Homeownership Hub.
IN COLLABORATION WITH
NMLS ID #2289
PORCHLIGHT FEATURED LISTINGS
brenda-godinez-_650.jpg
$3,500,000
1570 Upland Avenue
Boulder, CO
brenda-godinez-_650.jpg
$1,350,000
4596 Castle Circle
Broomfield, CO
brenda-godinez-_650.jpg
$515,000
1218 Sherman Drive
Dacono, CO
NEIGHBORHOOD SPOTLIGHT
Showcasing the best films by new and emerging filmmakers, this 4-day event also features renowned chefs, legendary parties, great music and more.
March 2-5: Various Events and Times
brenda-godinez-_650.jpg
Kicking off a new chapter in Estes Park, the weird and wonderful happenings will include coffin races, a polar plunge, live music and tons of entertainment.
March 17-19: Various Events and Times
brenda-godinez-_650.jpg
This is the place to be to check out the latest trends, get new ideas, and meet with local and national vendors—so you can get your home projects done.
March 24: 12pm-6pm
March 25: 10am-5pm
March 26: 11am-4pm
jamiria.png
Dina Piterniece
Broker Associate
720.317.3649
|
[email protected]
fb.pngfb.pngfb.png

Work With Dina

While Denver market continues to be one of the most competitive markets, Dina will guide you through each step with the highest level of expertise and service with integrity. Her dedication to go above and beyond delivers the best results.

Follow Dina on Instagram