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August Means Back to School in Boulder County!
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August Means Back to School in Boulder County

Back to school for the kiddos and back to business after a fun-filled summer. The market is definitely interesting right now. Inventory is up and homes are staying on the market a little longer before an offer arrives. Demand has decreased as fewer buyers are searching this time of year. This shift seems completely normal, and I'm curious about what will happen over the next few months. It's actually great news for buyers because things aren't quite as competitive as they were in the spring, and you have a greater chance of getting the home you want without being outbid. Check out the articles in The Buzz this month that feature info about the oh-so-desirable Luxury Home Market. Oh, and don't miss the article that claims there are other cities comparable to Boulder for outdoor fanatics. Many of them seem like a long shot to me, but I'm a Boulder fan through and through. 

July Stats and the Mixed Market...
Inventory has increased, demand has slowed down a bit, and our community is curious about what lies ahead for the rest of 2017. According to the July stats, the median price of a single family home in Boulder County is $570,000 and up 6.5%. Condos and Townhomes are selling for $360,000 up 2.4%. CLICK HERE to read the full stats. Let's see what happens the second half of 2017. 


Luxury Homes: In Demand and Highly Desired

Luxury homes (defined as homes over the $1M price point) are being purchased now more than ever. According to this article in CNBC, "Luxury home sales have been rising steadily, causing the supply of those homes for sale to drop. Sales of homes priced above $1 million jumped 19 percent in June compared with a year ago." Over the last year, the average price of a home in the city of Boulder finally reached $1,000,000. Therefore, our community is already familiar with this being the typical price of a home around here. As we know, "the luxury market is not nearly as competitive as the rest of the market," and yet, more and more people are able to afford them and they are becoming more common beyond the usual NYC and California markets.

Do Any of these Cities Actually Compare with Boulder?
Yes, Boulder County is an expensive place to live, and the city of Boulder is even more so! People keep moving here and paying premium prices for the lifestyle that Boulder affords. Many LOVE it for the accessibility to the beautiful outdoors, the bike-ability, the convenience to the big city of Denver, and the many other features that make it a wonderful community. This article in Realtor.com claims that there are 10 other cities where "outdoor lovers" could be just as happy as they are here, however, I'm not convinced that the cities on this list would be an equal option. Check them out and decide for yourself. I'd love to know what you think!

How to Help your Children Adjust to a New School after a Recent Move
It's back to school time again here in Boulder County. If you've recently moved, you might be wondering how you can make the transition to a new school easier for your little ones. Here are some tips from the RE/MAX blog that might make a difference. Fortunately, Boulder County schools are ranked along with some of the top schools in the nation, so no matter what school they'll be attending, they're in great hands!

What's Happening this Month: 
Boulder Farmer's Market, Wednesdays 4-8pm, Saturdays, 8am-2pm.
Boulder Pride Fest. Sept. 10th, 11:30am-6pm  
Pearl Street Stampede. Sept. 15th, 7pm.
Zee Jaipur Literary Festival. Sept. 15th-17th.
Boulder Creek Hometown Festival. Sept. 2nd-4th. 

 

Clove Berger
Realtor

 

303-748-3381
Re/Max of Boulder
2425 Canyon Blvd. #110
Boulder, CO 80302

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