Boulder/Denver Condominium Market
Boulder: The condominium market in Boulder remains healthy up to $750K, with more
units selling in January 2013 as compared to January 2012, and with less price negotiations.
Boulder’s condo market cools off and becomes a Buyer’s market with prices above $750K.
Denver: The condominium market in Denver is hot below $300K (a Seller’s market), is
healthy between $300K and $500K and cools off above $500K (a Buyer’s market).
The volume of units sold in January 2013 is higher as compared to the same month
last year and there is also less negotiation on price.
Boulder/Denver Single Family Home Market
Boulder: Boulder’s single family home market is hot (a Seller’s market) up to
$750K, and is stronger than it has been in many years between $750K and $2mm.
Denver: Denver’s single family home market is even hotter than Boulder’s
market up to $500K (a very strong Seller’s market). The Denver market remain
healthy for price ranges between $500K and $1mm and then cools off and becomes
a Buyer’s market above the $1mm range.
In Summary: Ample demand and minimal supply. The market showed a significant
increase in activity in 2012 as compared to the previous 4 years. 2013 has started
off being even stronger than 2012 with significant Buyer pent up demand, a lack of
inventory and low interest rates. Very little new housing construction occurred in
recent years, which limits Buyer choices. In the lower price range segments of the
market, prices are rising, in some cases above the peak values of 2006/2007.
Information and Real Estate Services and Metrolist. All reported sales were not
necessarily listed or sold by Four Star Realty and Property Management, Inc. and
are intended only to show trends in the area.