QUANTITY OF HOMES SOLD
QUANTITY OF HOMES SOLD - With fewer properties on the market overall, sales volume is still holding strong at the end of 2nd quarter 2013 and in-line with increased sales from end of 2nd quarter 2012. For Boulder proper, we have seen ~19% increase in condo/townhome sales (2nd quarter 2012 vs. 2nd quarter 2013). Deals are definitely getting done!
DAYS TO CONTRACT
DAYS TO CONTRACT - Not much to sell, but with more selling this means the pace is FAST! Across the board throughout the Boulder County communities in both houses and condos/townhomes the days to contract are seeing dramatic decreases. Boulder houses saw a 52% decrease (67 days to contract in 2nd quarter 2012 vs. 32 days to contract in 2nd quarter 2013). Buyer demand is exceeding seller supply and contracts are having to be written cleanly and quickly after typically only 1 showing at a property.
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE - Sales prices are climbing! All over Boulder County we are seeing increases in the Average Sold Prices for both houses and condos/townhomes. Single-family houses in Boulder proper saw some tremendous gains (~21%) in average sold prices 2nd quarter 2013 up to ~$788,000 vs. 2nd quarter 2012 at ~$649,000, as more higher priced homes successfully closed. Also worth noting, Louisville houses saw a ~29% increase in average sold prices up to ~$529,000 in 2013 vs. ~$409,000 in 2012.
MEDIAN SOLD PRICE
MEDIAN SOLD PRICE - Values are rising! All Boulder County communities have seen increase in their median sold prices for homes 2nd quarter 2012 vs. 2nd quarter 2013. Boulder homes have seen a ~18% increase from ~$560,000 in 2012 vs. ~$663,000 in 2013 and Superior houses have seen a ~21% increase from ~$362,000 in 2012 vs. $$441,000 in 2013.