New inventory in both the city and county of Boulder dropped in October while active listings at the end of the month remained low. So, how did this affect prices? It depends.
In the city of Boulder, median single-family home prices increased from $1,191,500 the prior month to $1,370,000 in October. Across the county, prices increased by just $5K, while Longmont prices dipped from $645,155 to $587,500 that's still up 6.5% year-over-year, not a bad number at all.
As for attached properties, the median price in the city of Boulder dropped significantly from $610,500 the prior month to $442,500 in October. Numbers were also down across the county yet up slightly in Longmont where the year-over-year gain reached 28.2%.
DURING THE HOLIDAYS
Between now and the end of the year, most people are busy with holiday festivities. Thats why buying or selling a home during the holiday season is such a fantastic idea.
If you decide to sell, youll get more quality traffic through the door at open houses. You can show off upgrades like a new furnace and enjoy less competition during a low-inventory time of year. As a buyer, youre more likely to encounter sellers willing to negotiate and mortgage companies with time to focus on your transaction. Plus, neighborhoods boasting the cozy holiday vibes you love are much easier to find! CLICK HERE for even more reasons why the holidays are a great time to buy or sell a home.
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PORCHLIGHT FEATURED LISTINGS
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CU BOULDER HOLIDAY FESTIVAL
Delight in the twinkling lights, seasonal greenery, and music from student choirs, bands and orchestrasan annual tradition full of holiday favorites and new surprises. December 2 - 4: Various Shows & Times
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BOULDER LIGHTS OF DECEMBER HOLIDAY PARADE Starting at 15th and Walnut, you can enjoy floats decorated by local businesses, schools, groups and nonprofits. The grand finale includes an appearance by Santa Claus!
December 3: 6pm
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LONGMONT LIGHTS
Roosevelt Park sparkles with millions of lights! Take a festive stroll while enjoying hot cocoa, go ice skating, enjoy the Jingle All the Way Parade, meet Santa and more.
December 9 & 10: Various Times
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Dina Piterniece
Broker Associate
720.317.3649
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[email protected] |