Thursday, August 18, 2011

Boulder Real Estate News: Boulder Housing Market Statistics

There is so much information out there about the housing market and most of the data is on a national basis and can not be used for the City of Boulder.  Our market here is performing strides above everyone else and to show you, I have a few statistics about Boulder that show you the housing market here is moving in the right direction.

2011 Housing Statistics:
-The average sales price in June 2011 has increased 1.8% from June 2010, making a noticeable jump from $433,675 to $441,56.
-The average sales price of a single family home, in the 1st half of 2011, in Boulder is $672,073.  This is the highest average sales price in Boulder since 2007 at $674,592.
-The average sales price of attached dwellings, in the 1st half of 2011, in Boulder, has increase 6% from $251,503 in 2010 to $266,650 in 2011.  This is the highest average sales price of attached dwellings in Boulder over the past 8 years.
-The number of showings per listing is higher today, on average, than the last two years.
-Foreclosures in the first half of 2011 have decreased by 25% from this time last year.
-39% more contracts were written this June than in June 2010

As for RE/MAX of Boulder, INC. we continue to remain the strongest real estate office in Boulder with a combined 488 listings and sales, so far this year.  Our closest competitor, Coldwell Banker Residential 28th street, is clocking 200 combined.  RE/MAX also holds the highest sales in the area with 229, compared to the next closest, Coldwell, with 96 sales.

Matt Ullrich
RE/MAX of Boulder, realtor
303.941.2452.cell
303.415.2251.office

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