3rd Quarter 2016 Financial Data
For Downtown Boulder, Newlands, Chautauqua, Carolyn Heights, Old North Boulder, Sunset, Whittier, Mapleton Hill, Hillcrest, and Foothills Communities
The Boulder housing market is HOT! Considered to be one of the best in the country in terms of stability, sound fundamentals, and appreciation, Boulder in 2016 experienced double digit average increases of 14% in appreciation according to the Federal Housing Finance Authority (FHFA.) Translation…the average price of a home was up 10% – 30%.
Additionally, the lowest inventory levels since the early 2000’s mean that competition for homes in the Boulder market is steep and lightning fast. Almost 98.5% of final sale prices matched or exceeded list prices. The average number of days that homes “stay” on the market is approximately 70 days. With a sizzling hot economy and an enduring/endearing lifestyle, the Boulder real estate market is a wonderful place to call home and to invest.
If you are interested in 2016 statistics in selected neighborhoods for Average Price, Days on Market, Highest Price, Number of Homes Sold, Final : List Price and Percentage increase/decrease comparisons between 4Q, 2015 and 3Q, 2016, please call us.