Boulder Homes for Sale - May Stats for Boulder
Wondering how the market did last month in Boulder?
Here is how home sales stacked up in May of this year as compared to one year ago. Keep in mind this ia a "snapshot" in time. This data is more meaningful when put into proper context and when studying the trends over a longer period of time.
For the 68 single family homes sold in Boulder over the month of May, the average sales price was $649,580 and the median sales price was $522,000.
Total sales, in units is down over last year by 17% and, in general, it is taking longer to sell (83 days vs. 60).
The good news..... we're still selling homes. And..... the "good ones" are still selling (you know... the homes that are priced correctly, market-ready, and.....staged).
Now, let's take a look at attached dwellings:
Sales, in units are running 27% behind where they were last year and on a year-to-date basis, 30.4% behind. Getting a loan on a an attached dwelling can often be more difficult. Don't dispare.... If you're looking to purchase an attached dwelling, give me a shout and I'll put you in touch with several professional lenders who can help you explore all the possibilities and.... who most likely will be able to help you get a loan.
No wonder the current rental vacancy rate in Boulder is ZERO! Yes, it really is ZERO. If you're looking for a rental in Boulder, you have no doubt found it to be more than just a little challenging. The rental rate in Boulder is also affecting the surrounding areas. When looking for a rental in this market you need to be proactive and have all of your credit information and references put documented and with you and be prepared to write a deposit check when you go to look at a property. Ohterwise, someone who is proactive will likely beat you to the punch.
Looking for a home in Boulder, CO? You can start you can start your search here. Of course, if you need help or have questions, I'm only a phone call or tweet away.
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