House Archives - DUNBAR HARDYDUNBAR HARDY

Category: House (22)

Mar

SOLD – 296 CANYONSIDE DRIVE, BOULDER

Pleased to announce a successful sale of this super sunny close-in mountain home just above downtown Boulder. Literally ~5 minutes drive just up Boulder Canyon, this ~1,800 sq ft home set on 1 acre with south-facing exposure received multiple offers, and successfully closed last week after only 46 days on the market. The seller put this home on the market for the first-time ever in 30+ years and re-located to downtown Boulder living, while the buyers are re-locating from back east. Final sales price - $450,000

Jan

2013 Year-end BOULDER COUNTY SALES STATISTICS

Happy New Year!

I hope that this New Year has started well for you. I am wishing everyone in Boulder County affected by the floods form last Fall continued strength and support in recovery. In trying to dive into this new year with the increasing speed of the real estate market already this year, it is worth looking closely at how 2013 ended and what we can anticipate for 2014...

In summary, throughout all of Boulder County more properties sold in 2013 vs. 2012 and with less inventory for sale overall properties sold MUCH faster. There is also a noticeable increase in median sold prices across all Boulder County communities. Professionally, my own sales volume increased ~65% increase from year-end 2013 vs. 2012. It was a good year last year, and with one successful closing already this year 2014 looks to be even better!

Currently, as we are into the 1st quarter of this new year the major theme in the Boulder County real estate market is VERY limited inventory/properties for sale. So for owners, this can be a great time to sell your property. Interest rates for qualified buyers are still experiencing lows. Limited supply coupled with affordable financing means it will be a very busy or fast-paced year as I anticipate continued increases in sold values along with decreasing days on market for properties.

I sincerely appreciate the trust and confidence you have in me to assist you in successfully buying & selling Boulder County real estate. I am available to support your needs or answer any questions you may have. I am closely watching market statistics and properties on a daily basis to have the most accurate and current information to share. Please keep in touch or refer me to anyone who is looking for a pro-active teammate! Have a good beginning of 2014!

DUNBAR HARDY

A Full-Time Boulder County EcoBroker

To download 2013 YEAR-END BOULDER COUNTY SALES STATISTICS CLICK HERE!

AVERAGE INVENTORY - VERY slim pickins! Boulder County is experiencing ~7+ year lows in available properties for sale. This can clearly be seen in all communities and in both houses & condos/townhomes. 2013 ended with a ~17% decrease in Active properties for sale vs. year-end 2012 (679 vs. 814). Here is a dramatic 3-year trend specifically in Boulder: there were only 233 houses for sale at year's end in 2013 vs. 285 at year's end 2012 and 411 at year's end 2011. As we slip into the spring months and into the 2nd quarter, more properties will indeed be coming onto the market, but 2013 year-end statistics clearly show a steady decrease in properties for sale since 2010 (679 vs. 1,353).

QUANTITY OF HOMES SOLD - More properties sold in 2013 vs. 2012! There are noticeable increases in sold volume in all Boulder County communities. Specifically, single-family homes in Boulder sold were up 4.9% (809 vs. 768) and condos/townhomes sold were up ~20% (725 vs. 635) in Boulder in 2013 vs. 2012. This is positive momentum as we anticipate similar to increased sales volume in 2014 a along as properties come onto the market as we go into spring/early summer.

AVERAGE DAYS TO CONTRACT - Muy rapido! With limited inventory in 2013, the pace of the market picked up and the overall number of days on market noticeably decreased throughout all communities of Boulder County. Specifically for Boulder houses the overall average days on market for 2013 year-end was only 40 days vs. 76 days year-end 2012 and 89 days on market year-end 2011. In summary, this means that properties sold twice as fast in 2013 vs. 2011! Boulder condos dropped dramatically from 100 days on market in 2012 to 53 days on market in 2013!

AVERAGE SOLD PRICE - Gains! 2013 also ended with slight increases in the overall average sold prices throughout all of Boulder County. As a whole the local Boulder County market expanded with a 9.25% increase in the 2013 year-end average price of single-family homes vs. 2012 year-end. Boulder specifically had a 2013 average sold single-family home price of ~$755,500 (highest in the county) compared to ~$664,000 in 2012 vs. Longmont average sold single-family home price of ~$286,000 (lowest in the county) compared to ~$256,000 in 2012. Boulder condos average sold price was ~$320,000 in 2013 vs. ~$311,000 in 2012. Boulder County's average home price is ~$481,500 at year-end 2013.

MEDIAN SOLD PRICE - Values are going up! The true statement of the local market value is looking at the median prices, which is at what value/price did most sales occur. It can be seen that there were overall increases in median sold prices throughout all of Boulder County for 2013 vs. 2012. Specifically in Boulder, single-family homes median sold value in 2013 was ~$635,000 vs. ~$579,000 in 2012. Boulder condos median sold value for 2013 was ~$268,000 vs. ~$253,000 in 2012. Louisville homes 2013 median sold price was ~$425,000 vs. ~$400,000 in 2012. Equity is being gained across almost all communities and property types of Boulder County!

To download Dunbar's 2013 year-end newsletter CLICK HERE!

Jan

FOR SALE – 2363 KELLER FARM DRIVE, BOULDER

Pleased to announce for sale this incredibly well cared-for home on a quiet cul-de-sac in North Boulder. This pristine and quiet street is home to only 12 homes. The home is south-facing with great sun and seasonal Flatirons and mountain views. Features include 5bd/4ba with ~5,250 sq ft on ~12,000 sq ft lot and an immaculate 3-car attached garage. Numerous parks, pool, trails, schools, and amenities close-by both bike-able and walk-able. Located ~2 miles north of downtown Boulder. Asking Price - $1,147,000

For additional information CLICK HERE!

Jul

2ND QUARTER 2013 BOULDER COUNTY SALES STATISITCS

Happy Mid-Summer! Whew! The heat of summer is upon us, and it has been quite the hectic paced market. Wrapping up the 2^nd quarter and rolling right into the 3^rd quarter, Boulder County real estate is showing some definite positive trends. There are positive signals for increased numbers of successful sales (in both homes & condos/townhomes), a decreasing number of days on market, and noticeable increases in both average and median sold prices. So perhaps the tide is turning a bit, as prices are rising and interest rates on mortgages are increasing. Will these factors slow our local market at all? Regardless, it is apparent that more people are indeed re-locating to Boulder County as there are lower than state-average unemployment rates and lower than average vacancy rates on the rental side of things. Boulder County is indeed an amazing place to live, work and play and our real estate market is showing health and strength once again. I will continue to do all that I can to stay in front of the newest properties on the market and “Coming Soon” properties, as well as continue to monitor local market statistics. Please keep in touch if I can assist with your Boulder County real estate needs.

AVERAGE INVENTORY

AVERAGE INVENTORY - The number of new homes on the market has been very low (very noticeable from 2010 & 2011 highs) and lacking in many price points and locations throughout Boulder County. This one statistic has created multiple offers/bidding wars for new on the market properties within certain price points and neighborhoods. The lack of inventory has also created some very frustrated buyers who wish to buy but have been “losing out”. Right now is the busiest time of year with typically the most properties for sale, and it just feels like “slim pickings” out there still.

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 2^nd quarter 2013 and in-line with increased sales from end of 2^nd quarter 2012. For Boulder proper, we have seen ~19% increase in condo/townhome sales (2^nd quarter 2012 vs. 2^nd 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 2^nd quarter 2012 vs. 32 days to contract in 2^nd 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 2^nd quarter 2013 up to ~$788,000 vs. 2^nd 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 2^nd quarter 2012 vs. 2^nd 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.

Jul

NEW LISTING – 1514 NORTH STREET, BOULDER

Pleased to announce new on the market, a quaint Old North Boulder Neighborhood bungalow for sale. This 3bd/1ba 1,128 sq ft house set on a ~6,900 sq ft lot features oak hardwood floors and a ~3 year old roof. Set on a quiet street with great amenities literally 2 blocks away, and downtown Boulder less than 1/2 mile away, this home is needing a new owner to give it a bit of love and settle in to a great location. Asking Price - $499,000 For more information on this home for sale CLICK HERE!

Mar

SOLD – 809 BASS CIRCLE, LAFAYETTE!

Pleased to announce the successful sale of 809 Bass Circle in the Lafayette Park Neighborhood of Lafayette. I was a buyer's agent representing a sweet first-time home buying couple due to get married later this summer. So they will be starting their lives together in this nice little 3bd/2ba ~1,300 sq ft house w/1 car garage and a nicely landscaped 8,100 sq ft lot. Purchase price was $232,000 with $2,000 in closing costs credit.

Dec

BOULDER HISTORIC HOMES TOUR

This weekend Historic Boulder is offering a holiday Historic Homes Tour. The 6 homes featured are located in the Mapleton Hill Neighborhood of West Boulder. The weekend's schedule is: Saturday, 12/8 10am - 4pm Sunday, 12/9 11am - 4pm For ticket information & locations CLICK HERE.

Jul

SOLD – 7629 ABERDEEN WAY, BOULDER!

I am pleased to announce a recent successful sale of a nicely maintained ranch home with full basement in the Heatherwood Neighborhood of Northeast Boulder. Acting as a buyer's agent for a very sweet first-time home buying couple, we were the first showing the day the property went on the market and wrote an offer within 2 hours of completing our showing! 7629 Aberdeen Way was ~2,000+ sq ft, 4bd, 2ba, 2 car garage with a great backyard that sold for $325,000. I wish my clients well, as they settle into their first-home together....

Jun

NEW LISTING – 157 W. 5TH AVENUE, NIWOT!

Located in the Heart of Old Town Niwot! This spacious home has a GREAT backyard with mature trees and lots of southern-exposure. Features include: 4bd/2.5ba 2,400+ Sq Ft home & 9,400+ Sq Ft lot, Very Good family floor plan w/4bd's & 2ba's all on Upper Level, Master Suite w/2 Walk-in Closets and 5-piece Master Bath. Attached 2-car Garage. Only 3 blocks to downtown Niwot - Walk Everywhere! List Price - $395,000. For additional information CLICK HERE!

May

SOLD – 3167 BROADWAY, BOULDER

I am pleased to announce a successful sale of this mid-century-esque bungalow in the Newlands Neighborhood of North Boulder. I was a seller's agent in this transaction. This was a 3bd/2ba ~1,750 sq ft house on a ~6,250 sq ft lot, oversized large 2-car garage, living room fireplace, high efficiency forced air furnace, central AC, also with some definite challenges due to the busy road location. However, a very nice family successfully sold their house in order to purchase this property. Final sales price - $468,000.

3167 Broadway Street, Boulder - SOLD!