Great news! As of today, July 29th of 2009, there are 520 single family homes for sale in Longmont, CO which is 19.2% less available inventory compared to last year. (Figure 1)

Homes For Sale 2008 vs. 2009, Longmont, Single Family Residences

 

Not so great news; 2008 came with 10% depreciation for an average single family home in Longmont, which happened at the same time when home buyers demand dropped down by 17.8%. It is hard to predict the hit homeowners will have to take this year since current demand has decreased by almost double of that. Sales volume continues to remain at alarming low levels, currently minus 29.4% compared to the same time frame last year. (Figure 2)

 Monthly Total Sales Volume Change, 2008 vs. 2009

Since January of this year the average sales price has decreased by 5%, which unfortunately means that homeowners are continuing to lose on average 0.7% of their equity each month.

In June there were a total of 81 homes sold with average days on the market reaching 111 days mark. In July there are 79 homes sold so far.

On a positive note, well prepared and well priced homes that utilize an aggressive marketing approach still sell relatively well, often even with multiple offer situations. If you would like to receive your neighborhood specific market information, you can reach Edite Lawrence at edite.lawrence@eratradewind.com.

Edite Liepina - Lawrence, Realtor

ERA Tradewind Real Estate

Http://www.Longmont-Properties.com

 Source: IRES 2009

 

JUST LISTED - Unique North Boulder Estate on 3/4 Acre Lot by Maxwell…
03/15/2009
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Just Listed - Unique North Boulder Estate $1, 800, 000 995 Linden Ave., Boulder CO.. more
$550, 000 Under Appraisal! Over 7, 000 sqf, 3 Acre Lot by a Park and…
02/24/2009
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$550, 000 Under Appraisal! The Most Exclusive Setting in South Longmont $650, 000 1002 Creek Ct., Longmont CO Features: 7 bedrooms, 4 baths 3 Acre Lot Backing to the Willow Creek… more
Just Listed - Beautifully Renovated OLD TOWN Charm, 5 Bedroom House…
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Just Listed in Old Town Longmont $310, 000 1017 Collyer St., Longmont CO.. more
SOLD - Nice Condo by Broadlands Golf Course, Broomfield
08/11/2008
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Just Listed - Best Price in Indigo Creek $229, 900 14178 Sun Blaze Loop, Broomfield CO.. more
SOLD - This One HAS IT ALL! Views, Almost 4000 Sqf. Fin., Walkout…
07/23/2008
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Beautiful Home in Westlake Manors $384, 000 2417 Willow Lane, Longmont CO.. more
Nice, Remodeled 5 Bedroom Home in N Longmont, Close by Ute Creek Golf…
05/16/2008
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Just Listed - Beautifully Remodeled and Painted 5 Bedroom Home in North Longmont $299, 000 2038 Red Cloud Rd, Longmont CO.. more
Sold in 22 Days - LUXURY LIVING RIGHT ON A PARK!
03/22/2008
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Luxury Living on a Park - Large Gorgeous Home, Lots of Space and Views Location: Creekside in S Longmont Just Listed! Exceptional, one of a kind South Longmont property wonderfully situated right on a 7 Acre park. Lots of space around the house… more
Bank Owned Homes in Longmont - BUS TOUR #2, Reserve Your Seat Today!
03/04/2008
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FREE BUS TOUR #2 - Bank Owned Properties, Foreclosures. Everyone is Invited. Location: Longmont, CO It s the Best Time to Buy Real Estate! Join Us for Our Bus Tour #2 Bank Owned Properties Saturday, March 15th 9-12 Hosted by ERA Tradewind Real… more
SW Longmont, Beautiful Large 5 Bedroom Home, 3 Car Garage, Close to…
01/14/2008
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Large and Beautiful, Great Location! Location: Longmont, CO Beautiful SW Longmont Home with great curb appeal on one of the largest lots in the neighborhood. Just minutes to shopping and Diagonal Hwy. Short walk to the neighborhood park and… more
 
Wewe

Edite Liepina - Lawrence

Longmont, CO

More about me…

ERA Tradewind Real Estate

Address: 601 S Bowen St.,, Longmont, CO, 80501

Office Phone: (303) 684-7761

Cell Phone: (303) 909-5742

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