Mountains Archives - DUNBAR HARDYDUNBAR HARDY

Category: Mountains (11)

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

UNDER CONTRACT – 601 CANYON BLVD, BOULDER

Pleased to announced this new-built townhome is currently under contract by some out-of-state clients of mine. This property features 2bd/2.5bath ~1,300 sq ft and an amazing roof top deck/patio with mountain views. A truly walk-able location with every downtown Boulder amenity literally within blocks. This lovely townhome is designed by Surround Architecture and being built by Field West Construction to be completed end of 1st quarter/early 2nd quarter.

Jul

NEW LISTING – 1200 YARMOUTH AVE. #233, BOULDER

Pleased to announce a lovely high-end townhome for sale in the NOBO (North Boulder) Neighborhood. This 2-story townhome features towering south-facing windows and deck with uninterrupted Flatirons & mountain views. This 1bd/1.5ba 1,302 sq ft property features bamboo floors, high-end granite slab kitchen countertops, cherry wood cabinets, central AC, and detached 1-car garage. Live the NOBO lifestyle with this property! Asking Price - $399,000 For more information CLICK HERE!

May

SOLD – 1941 PEARL STREET #304, BOULDER

Pleased to announce a successful closing of a lovely downtown Boulder condo at 1941 Pearl Street. This top floor (3rd), quiet end-unit featured 2bd/2ba ~1,200 sq ft with a barrel-vaulted wood ceiling and an updated eat-in kitchen. Without a doubt the "wow" factor of this property was the expansive views from the North (Mount Sanitas) to the South (the Flatirons & Devil's Thumb). This condo is located literally in the bullseye of the East End of Pearl Street with shops, food, coffee, etc literally steps away. Final sales price was $599,000.

May

SOLD – 888 ALASKA ROAD, BOULDER

Pleased to announce a recent successful sale of 888 Alaska Road up Fourmile Canyon. This ~4.5 acre piece of mountain land featured views to the north and east and was located in close proximity to Betasso Open Space Park with miles of trails nearby. Located ~25 minutes above downtown Boulder, this piece of land will hopefully prove to be a nice future home building site for the new owner.

Aug

SOLD – 185 2ND AVENUE #A, LYONS!

I am pleased to announce the successful sale of 185 2nd Avenue #A located in Lyons Valley Village. I worked on this pleasant (for reals) transaction as a buyer's agent. This south-facing end unit borders open space with great mountain views and trails literally out the backdoor! Built in 2007, this move-in ready townhome featured 3bd/2.5ba ~1,290 sq ft w/1-car detached garage, solar hot water heater, high efficiency furnace w/central AC, skylights, hardwood floors, and stainless steel appliances and washer/dryer. This property was contracted at 28 days on market and closed in 68 days on market total at a final sales price of $320,000 at ~98% value off the list price. Please contact me for additional information on Lyons properties for sale if you are interested.

185 2nd Avenue #A, Lyons

Jun

NEW LISTING – 888 ALASKA ROAD, BOULDER – 4.42 ACRES

I am pleased to announce a new vacant land listing of 4.42 acres ~25 minutes above downtown Boulder. Located off of Four-mile Canyon, 888 Alaska Road is the Old Concordia Mining Claim and features mostly evergreen trees, small granite rock outcroppings, and views on top of the property to the north & south. This is a nice close-in mountain property that could be developed/built-to-suit a buyers wishes looking for quiet & mountain views of the foothills and plains. List Price - $69,000. For additional information CLICK HERE!

Apr

NEW LISTING – 2201 PEARL STREET #309, BOULDER

I am pleased to announce this newly listed top-floor condo for sale located on the East End of Pearl Street in the heart of Downtown Boulder. This 1bd/1ba + loft condo features saltillo tile floors, vaulted ceiling, living room fireplace, stacked Bosch washer/dryer. Also features south & north decks with mountain views, as well as underground parking and additional storage. List Price - $262,000 For additional information CLICK HERE!

Jan

2011 YEAR-END BOULDER COUNTY SALES STATISTICS (3 YEAR TRENDS)

Happy New Year! I hope the Holiday Season went well for you. With 2011 just ending, I have been able to gather all of the year-end data, conduct a 3-year comparison (2009 – 2011), and create a very good snapshot of current market conditions as we go into 2012.

In summary, Boulder County shows signs of being a relatively “stable” market over the last 3 years in terms of values/pricing largely holding even. This is encouraging as much of the national news is “doom & gloom” with tremendous loss of value. With the overall trend of Colorado and specifically Boulder County population growing, properties are indeed selling. Properties might be taking a little bit longer to sell over the last 3 years, but again, prices/values show a steady-flat trend line.

AVERAGE INVENTORY (2009 - 2011)

We have seen a downward trend in homes for sale (less inventory) in Boulder –specifically from 2009 – 2011. In Boulder-specifically, we have had a very comparable amount of inventory between houses for sale & condos/townhomes for sale. We are also seeing an overall general trend (from 2009 – 2011) of flat/even to slightly decreased inventory of properties for sale (both homes & condos/townhomes) in every Boulder County community.

Quantity of Homes Sold (2009 - 2011)

We have seen a similar amount of home sold in Boulder in 2011 vs. 2010, with less condos/townhomes sold in this same timeframe. Ultimately, more houses have sold vs. condos/townhomes in Boulder from 2010 – 2011. We have seen slight decreases in homes sold in Broomfield, Erie, Longmont, and Superior from 2009 – 2011, and slight increases in the quantity of homes sold in Lafayette, Louisville, in the Mountains, and Plains properties. While looking specifically at the condo/townhome market, we have seen a noticeable decrease in the properties sold in Boulder, Longmont, Louisville, and Superior from 2009 – 2011, with more or less stable condo markets in Broomfield, Erie and Lafayette.

Average Days to Contract (2009 - 2011)

We can see a noticeable increase in the number of days on market (DOM) for homes over 2009 – 2011 in Boulder (~85 DOM), Lafayette (~85 DOM), Louisville (~65 DOM), and Superior (~70 DOM). The condo/townhome market overall has a noticeable trend of longer days on market vs. houses-specifically. From 2009 – 2011 there is a dramatic increase in days on market for condos/townhomes in Boulder (~150 DOM), Broomfield (~135 DOM), Lafayette (~100 DOM), and Longmont (~105 DOM).

Median Sold Price (2009 - 2011)

There is a slight increase in the home prices that have sold in Boulder- specifically from 2009 – 2011 (~$550,000), with most other communities stabilizing/even over the 3-year trend. Worth noting is a slight decrease in median home prices in Superior and in the Mountains. The median sold prices of the condo/townhome market have seen some increases in Lafayette & Superior with stable prices overall in Boulder, Broomfield, Longmont, and Louisville.

Average Sold Price (2009 - 2011)

With the potential for greater discounting on higher-end & acreage properties, we have seen a slight increasing trend in the average sold prices of homes in Boulder (~$675,000) and on the Plains (~$625,000) from 2009 – 2011, whereas all other Boulder County communities are showing a stable/flat trend-line of average sold values. Minus a decrease in Erie condos/townhomes, we are seeing a relatively stable/flat trend-line of the average sold prices of condos/townhomes throughout Boulder County.

Please contact me if you you like more specific neighborhood/location statistics, as I would be glad to support you however I can!

Jul

2ND QUARTER 2011 BOULDER COUNTY SALES STATISTICS

Overview - Happy Summer! I hope you are doing well and I will attempt to answer the recurring question, "how's the market doing?" In an attempt to have an accurate perspective of current market trends from the 2nd Quarter of 2011, I have put together the last 3 years of 2nd quarter sales statistics to see how we really are doing right now throughout all Boulder County communities. Again, it is worth noting that throughout 2010 there was a Federal Tax Credit for 1st-time Homebuyers which drove a significant portion of transactions last year. So in a sense 2011 sales figures are not all affected by a Federal Tax Credit and the government, so we have a return to "normal" market conditions. In summary, things are indeed selling and values are largely holding overall (other than in the Mountains), but they are just taking longer to get to the closing table. Avg Inventory

Avg Inventory - We have seen steady high levels of inventory in Boulder single family homes & condos/townhomes, as well as Longmont single family homes over the 2nd quarter of the last 2 years. So in summary, there truly has been more on the market for sale and the amount of inventory will take awhile to be absorbed, which truly makes these specific areas a "buyer's market." We can also anticipate a decrease in inventory as we go into the 3rd quarter as some of this inventory will be purchased, others will come off market (Withdrawn), but mainly the peak sales season will be behind us going into Fall.

Days to Contract

Days to Contract - At the completion of the 2nd quarter of 2011 we have had a noticeable increase in Average Days to Contract on Boulder single family homes. Yes, Boulder houses are selling, but they are taking longer - Averaging ~90 Days of Market up from ~60 Days on Market 2nd quarter of 2010. Noticeable is also a steady trend line of Boulder condos/townhomes taking ~120 Days on Market. There have also been increases of Days on Market in 2nd Quarter 2011 vs. 2010 specifically in Broomfield (homes & condos), Lafayette (homes), Longmont (homes & condos), Louisville (homes), Superior (homes), and Mountain (homes). Nothing is really selling "fast" in Boulder County!

Median Sold Price

Median Sold Price - There is a consistent median value of Boulder homes over the 2nd quarter of the last 3 years running (~$550,000), also with noticeable increases in median values of Boulder condos, Lafayette homes, Superior condos, and Plains homes & condos. There is a very noticeable decrease in median values of Mountain homes, as well as "softening" of Superior home prices, Erie and Lafayette condo properties.

Avg Sold Price

Avg Sold Price - There is also a fairly consistent trend of Average Sold Prices for Boulder homes (~$650,000) and a slight increase in Boulder condos (~$325,000). We are also seeing some large properties out on the Plains sell with Average Sold Prices holding ~$600,000. Most communities have remained fairly consistent over this time period, however there are noticeable decreases in average sold prices of Mountain homes, Erie condos, Lafayette condos, and Louisville condos.

Quantity of Homes Sold

Quantity of Homes Sold - At the completion of the 2nd quarter of 2011, we have seen steady sales occur in Boulder (~225), Broomfield and Superior homes, but noticeable decreases in sales of Boulder condos (~160) compared to 2010 (tax credit influenced?) and Longmont homes & condos. We can anticipate further steady sales going into the 3rd quarter, as 2nd & 3rd quarter see the majority of sales activity when compared to the rest of the year. Properties are indeed selling and values are largely holding steady other than Mountain properties primarily.