Boulder Homes For Sale:
Boulder Colorado has posted its first year over year decline in median price in 21 years of 540,000 to 535,000, of course we are not talking the sky is falling numbers we are actually seeing a slight increase in average sales price of .4% and a .9% decrease in median price or less than one percent. When you combine this with the First Time Home Buyer Tax Credit I would have expected the Median price to be even a little lower. If we remember from our grade school days the median price is the point that half of all sales are above and below that point. Another way to look at it is the median price is the fulcrum point of the market. In this case we can comfortably predict our median price would have come in balanced or up slightly if the lower end of the market had not been stimulated by the tax credit.
Boulder Colorado Luxury Home market also has been slower over the past year. We are just starting to see this market come alive again, but there is still large amounts of inventory available. With 23 homes built after 2007 and priced over $2,000,000 on the market. At the current sales rate we have 5 years of inventory. Less upper end homes can have a negative effect on average sales price. The upper end doesn't truly impact median price unless we see home lower than the $535,000 point being impacted.
Wednesday, November 25, 2009
Saturday, November 21, 2009
Superior Co Homes for Sale Market Report



Superior Co Homes for Sale Market Report
Superior Co homes sales are tied to Rock Creek Homes. The recent statistics are the strongest numbers we have seen in Rock Creek and Superior CO for the last two years. The Rock Creek Subdivision currently has 3.5 month of inventory on the market compared to 6.1 months of inventory in October 2008 and 4.7 months of Inventory in October 2007.
We are also beginning to see the median price of the properties sold is equal the current inventory on the market, which tends to indicate that Buyers and Seller have similar expectations in the market.
The next indicator to look at is the Average Days on market has jumped to 170 Days. This is a similar pattern that I saw when looking at the Louisville CO market a couple of days ago. This is a nice movement, since it says Buyers are beginning look at the stagnant inventory and determining it now makes sense. This of course can be the result of Sellers expectations becoming more realistic.
Between October 2007 and October 2008 we saw the median price of Homes in Superior and Rock Creek fall. The October 2008 to October 2009 shows nice trending upward in the last half of the year.
Overall Rock Creek is showing foundation for a strong market moving forward. When we combine this with the expanded Home Buyer Tax Credit through April of $6,500 and the fact that the employment rate in Boulder County has been strengthening Rock Creek is one of my best bets for appreciation in 2010.
Rock Creek Homes for Sale.
Wednesday, November 18, 2009
Louisville CO Homes Supply and Demand


Louisville Co is again beginning to see a drop in Supply and a increase in Demand. According to above charts we are showing only 3.5 months of inventory on the market. An interesting Trend is the Average days on market have risen from 60 days to 110. I know what you’re saying "Greg this does not make sense if the market is getting stronger." Actually it does, when a market begins to turn. What we are seeing is Buyers are no longer waiting for the perfect new homes to come on the market. They are beginning to reach into the stagnant inventory and say "hey that house that did not make sense yesterday makes sense today." Soon we will see the lagging inventory also begin to diminish and Louisville, CO looks like it is in for a strong first quarter of 2010.
For a list of homes for sale in Louisville, CO just select the link.
Tuesday, November 17, 2009
Family Event Thanksgiving 2009

Family Event Thanksgiving 2009
THANKSGIVING TURKEY SHOoOoOoOT!
Get a turkey by shooting free throws at this Saturday, November 21st at 9 am.
Bob L Burger Rec Center located at 111 West Baseline Rd. (303) 665-0469.
This will be a such fun family time that everyone will love!
Free Turkyes will be awarded to TOP shooters in each of four male & female age-group categories, and in a second-chance competition.
Thursday, November 12, 2009
Home for Sale in Broomfield, Colorado
Home for Sale in Broomfield, Colorado
You have just found the best spot in Redleaf... THIS IS IT! Open space on three sides and an extra humongous corner lot make this home stand above the rest! Redleaf features several acres of open space, trails, SIX parks in the neighborhood, the Paul Derda Recreation Center 5 star amenities and amazing views... just out your front door. Home offers a versatile open floor plan with 4 bedrooms, 4 bathrooms, a big loft, tons of office space and a 3 car gar. Professional painting, Brazilian Cherry flooring, tile floors granite counters, vaulted ceilings, beautiful landscaping and warm gathering spaces make this dream home move in ready just for you!
Click here to see all the details of this amazing home.
What is HERS rating?
What is a HERS rating? (According to my wife my "HERS" rating has been down lately)
His HERS who cares? Well today’s buyer is beginning to care, since the quality of life and the amount of the energy a home uses can be directly related the HERS score. Didn’t the marriage councilor tell me not to keep score? Woops I digress. As any smart man knows it is about her or in this case HERS, which stands for Home Energy Rating System and yes keeping score matters
The lower a home’s HERS Index number is, the more energy efficient the home is. A home built to standard code scores 100. A “net zero” energy home scores a 0. See I told Cyndy she should be happy she married a 0. Each 1-point decrease in the HERS Index means a 1% reduction in energy consumption. So a home with a HERS rating of 75 is 25% more energy efficient than the stand home built to code scoring a 100.
How to score a high HERS rating.
Home efficiency starts with the envelope of the home. Upgrades such as double or triple pane windows and high quality insulation greatly impact your HERS rating.
Next is heating system; Tank-less water heater, high efficiency heater, geothermal water pipes in ground.
Another leading factor is your appliances, energy stars appliances are a must! So are Low flow toilets and showers which limit the amount of water usage.
How can you supplement power to the property? PV solar power, passive solar design, wind power are all ways to lower your overall impact and achieve a lower HERS rating.
The design features of the home can also have a direct impact on your HERs rating. How have you integrated overhangs into your design? What percentage of the home is glass, where do you have breaches in the envelope, such as fireplaces?
In essence the HERS rating system requires architect and builders to plan ahead to achieve the most cost effective and efficient home. In many cases it requires compromise and an eye on the long-term pay off. In essence maybe the two types of HERS ratings are not that different.
Below are links to some of the Energy Efficient homes we have for sale:
Caribou Ridge, Nederland
Alpine Dr, Boulder
Euclid Ave, Boulder
Sunset, Boulder
His HERS who cares? Well today’s buyer is beginning to care, since the quality of life and the amount of the energy a home uses can be directly related the HERS score. Didn’t the marriage councilor tell me not to keep score? Woops I digress. As any smart man knows it is about her or in this case HERS, which stands for Home Energy Rating System and yes keeping score matters
The lower a home’s HERS Index number is, the more energy efficient the home is. A home built to standard code scores 100. A “net zero” energy home scores a 0. See I told Cyndy she should be happy she married a 0. Each 1-point decrease in the HERS Index means a 1% reduction in energy consumption. So a home with a HERS rating of 75 is 25% more energy efficient than the stand home built to code scoring a 100.
How to score a high HERS rating.
Home efficiency starts with the envelope of the home. Upgrades such as double or triple pane windows and high quality insulation greatly impact your HERS rating.
Next is heating system; Tank-less water heater, high efficiency heater, geothermal water pipes in ground.
Another leading factor is your appliances, energy stars appliances are a must! So are Low flow toilets and showers which limit the amount of water usage.
How can you supplement power to the property? PV solar power, passive solar design, wind power are all ways to lower your overall impact and achieve a lower HERS rating.
The design features of the home can also have a direct impact on your HERs rating. How have you integrated overhangs into your design? What percentage of the home is glass, where do you have breaches in the envelope, such as fireplaces?
In essence the HERS rating system requires architect and builders to plan ahead to achieve the most cost effective and efficient home. In many cases it requires compromise and an eye on the long-term pay off. In essence maybe the two types of HERS ratings are not that different.
Below are links to some of the Energy Efficient homes we have for sale:
Caribou Ridge, Nederland
Alpine Dr, Boulder
Euclid Ave, Boulder
Sunset, Boulder
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