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RE/MAX ALLIANCE

March 2018

MARKET INSIGHT

6387 N 107th St. Longmont

$1,600,000 | 5 Beds | 2 Baths | 2240 SqFt

Rare historical estate sitting on nearly 125 acres overlooking the snow-capped mountains! Property includes 32 shares of the Boulder & Whiterock ditch, 120 acres of workable farmland & building site providing endless opportunities for growth. The stately main living quarters feats original hardwood floors, crown molding and a grand staircase accompanied by 6 separate buildings including a guest house complete with a kitchen, bed, and bath. The historic barn includes a roomy loft and housing for animals. 


Featured Listing by Steven Noel - RE/MAX- Alliance Longmont
February Market Insights
As interest rates start to rise people ask if we see any effect on the real estate market.  
 
At this point, rates do not appear to be having a negative effect on the market.  Currently, real estate inventory is still at an all-time low with only 1.3 months of single-family housing, and only 1.1 months of attached dwellings.  The average sale price for single-family homes is up 13.7% for the year.  February came in at a very strong with a 23% increase when compared to February 2017.  
 
Average Days on Market is still holding at around 50 days. Considering it usually takes 30 to 45 days for a property to close, most homes are going under contract in less than two weeks.  We experienced a slight decrease in the sales price to list price over the past year from 99.2% to 98.5%, but February bucked the trend moving back up to 99.2%.  Attached dwellings were even stronger at 100.1% in February.  
 
The real headline for February 2018 is the volume of sales.  Even with less inventory buyers were making a hard push with a 12% increase in Single Family sales for a total of 194 units.  Attached dwellings showed an even higher demand with a 15% increase for a total of 92 units sold.
 
Overall, the statistics show a strong market. As you know when we drill down, every price range and location differ. Give me a call and I can send you custom stats for your neighborhood and home.
Browse Listings
$315,000 
3525 28th St #102, Boulder
2 beds, 1 baths, 756 SqFt
Listed by Scott Hurst
RE/MAX Alliance- Boulder
$1,890,000
2721 N Lakeridge Trail, Boulder
4 beds, 4 baths, 5664 SqFt
Listed by Lenny Maiocco
RE/MAX Alliance on Walnut
$422,000
370 S Peak to Peak Hwy, Nederland
3 beds, 2 baths, 1976 SqFt
Listed by Jackie Jones
RE/MAX Alliance- Nederland

Boulder County Farmer’s Market Opening Day, April 7- Boulder

The only nonprofit organization operating producer-only farmers markets in Colorado since 1987. Their mission is to support, promote and expand local agriculture, making fresh products accessible to the community and strengthening relationships between local food producers and food consumers.

Taste of Pearl, April 29 2-6pm- Boulder

From the heart of America's Foodiest Town: An unforgettable afternoon exploring Boulder's tantalizing culinary arts' scene and celebrating Colorado's distinctive wines while strolling through some of Downtown Boulder's most vibrant galleries and retail stores.

More Events»

Meet George!

Breed: Labrador/German Shepard | Age: 3 yrs
 
George is a handsome boy ready to get out of the shelter and go on some springtime adventures! He is active and athletic and will delight an outdoorsy guardian looking for a hiking or running buddy. George has enjoyed playing with other dogs while here at the shelter.
Adopt George
CONTACT US AT FIVE LOCATIONS FOR ALL YOUR REAL ESTATE NEEDS
BOULDER
WALNUT
DOWNTOWN
LONGMONT
NEDERLAND

Copyright © 2018  RE/MAX Alliance, All rights reserved.

RE/MAX Alliance - Boulder 303-499-9880 4770 Baseline Rd. #220  Boulder, CO  80303
RE/MAX Alliance - Longmont 303-651-3939  512 4th Ave. #101  Longmont, CO  80501  
RE/MAX Alliance - Nederland  303-258-7020 286 North Bridge Street  Nederland, CO  80466
RE/MAX Alliance on Walnut  303-442-3180  1911 11th St. #107  Boulder, CO  80303         
RE/MAX Alliance - Downtown 303.497.0600 1035 Pearl St #101B Boulder, CO 80302
Each Office Independently Owned And Operated

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RE/MAX Alliance on Walnut · 1911 11th Street #107 · Boulder, Colorado 80302 · USA

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