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THE SILVER FERN REPORT:  Boulder An analysis of real estate market conditions in  Boulder, Colorado July, 2010 Phone: 303 586 1241 | www.silverfernhomes.com
Boulder, Colorado Phone: 303 586 1241 www.silverfernhomes.com “ Our goal is help you get the most value from your unique real estate situation. We offer our clients the latest market information, straight forward advice and the highest standards of service.  ”   - Osman Parvez, Co-Founder
Legal ,[object Object]
The Team ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
City of Boulder Single Family Houses (detached dwellings)
House Inventory ,[object Object],[object Object],[object Object]
House Sales Volume ,[object Object],[object Object],[object Object]
House Absorption Rate ,[object Object],[object Object],[object Object]
What’s Under Contract? ,[object Object],[object Object],[object Object],Price Range Analysis
Sales Volume Breakdown ,[object Object],[object Object],[object Object],Price Range Analysis
Inventory by Price Range ,[object Object],[object Object],Price Range Analysis
The Listing Failure Ratio ,[object Object],[object Object],[object Object],Price Range Analysis
Notable Sales Not Easy Being Green 508 Pleasant Street Key Statistics:  4 Bed, 4 Bath 4,874 SQFT Sold:  6/18/10 Days On Market:  151 Sold:  $1,975,000 Percentage of  Original  Asking :  87% A LEED certified, eco-home.  This house was beautifully designed and staged, beating out many competitive listings to attract a buyer.  Lightning Fast Sale 2995 Jefferson Street Key Statistics:  3 Bed, 2 Bath 2,358 SQFT Sold:  6/18/10 Days on Market:  5 Sold:  $730,000 Percentage of  Original  Asking :  97% Remodeled kitchen, baths, and a great location helped this mid-range listing break free from the pack.  Proof that pricing it right means selling it quick.  Spec Project Escape 1936 Mapleton Avenue Key Statistics:  4 Bed, 6 Bath 4,037 SQFT Sold:  6/01/10 Days on Market:  487 Sold:  $1,305,000 Percentage of  Original  Asking :  71% A beautiful restoration originally listed in January ‘09.  At the steeply discounted sale price, it was far from lucrative for the developer. Take home lesson: know the market before your attempt a flip.
City of Boulder Town Homes and Condos (attached dwellings)
Town Home & Condo Inventory ,[object Object],[object Object],[object Object],[object Object]
Town Home and Condo Sales Volume ,[object Object],[object Object],[object Object]
Town Home and Condo Absorption Rate ,[object Object],[object Object],[object Object]
Town Home and Condo % Under Contract ,[object Object],[object Object],[object Object],Price Range Analysis
Town Home and Condo Sales Volume ,[object Object],[object Object],[object Object],Price Range Analysis
Town Home and Condo Inventory ,[object Object],Price Range Analysis
The Listing Failure Ratio ,[object Object],[object Object],Price Range Analysis
Boulder: Notable Sales The East End 1505 Pearl, #301 Key Statistics:  2 Bed, 2 Bath 1,697 SQFT Sold:  6/30/10 Days On Market:  58 Sold:  $910,000 Percentage of  Original  Asking :  94% The developers of this unit originally envisioned a much stronger high-end market.  Listed for nearly $1.4MM two years ago, this unit found a buyer in only 3 weeks when priced right at $969K  Mapleton Condos 429 Mapleton Ave, Unit: A Key Statistics:  1 Bed, 1 Bath 674 SQFT Sold:  6/24/10 Days on Market:  235 Sold:  $370,000 Percentage of  Original  Asking :  93% These cute historic condos are in the ideal location, near Santas and a few blocks from downtown. Formerly a women’s boarding house, it was built in 1906.  Rooftop Swimming  3601 Arapahoe, #D314 Key Statistics:  2 Bed, 2 Bath 1,222 SQFT Sold:  6/11/10 Days on Market:  N/A Sold:  $390,000 Percentage of  Original  Asking :  N/A With now solidly competitive pricing, the Peloton sales office continues to roll ahead.  Expect new buildings to come on-line shortly.  This unit was on the 3 rd  floor, east facing.
Vacancy Rates ,[object Object],[object Object],[object Object],Research Spotlight
Vacancy Rates ,[object Object],[object Object],[object Object],Research Spotlight
Vacancy Rates ,[object Object],[object Object],[object Object],Research Spotlight
Months of Inventory ,[object Object],[object Object],[object Object],[object Object],Research Spotlight
Lessons from the Trenches ,[object Object],[object Object],[object Object],[object Object],[object Object]
Get A Great Deal ,[object Object],[object Object],[object Object],[object Object]

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The Silver Fern Report - July 2010

  • 1. THE SILVER FERN REPORT: Boulder An analysis of real estate market conditions in Boulder, Colorado July, 2010 Phone: 303 586 1241 | www.silverfernhomes.com
  • 2. Boulder, Colorado Phone: 303 586 1241 www.silverfernhomes.com “ Our goal is help you get the most value from your unique real estate situation. We offer our clients the latest market information, straight forward advice and the highest standards of service. ” - Osman Parvez, Co-Founder
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  • 5. City of Boulder Single Family Houses (detached dwellings)
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  • 13. Notable Sales Not Easy Being Green 508 Pleasant Street Key Statistics: 4 Bed, 4 Bath 4,874 SQFT Sold: 6/18/10 Days On Market: 151 Sold: $1,975,000 Percentage of Original Asking : 87% A LEED certified, eco-home. This house was beautifully designed and staged, beating out many competitive listings to attract a buyer. Lightning Fast Sale 2995 Jefferson Street Key Statistics: 3 Bed, 2 Bath 2,358 SQFT Sold: 6/18/10 Days on Market: 5 Sold: $730,000 Percentage of Original Asking : 97% Remodeled kitchen, baths, and a great location helped this mid-range listing break free from the pack. Proof that pricing it right means selling it quick. Spec Project Escape 1936 Mapleton Avenue Key Statistics: 4 Bed, 6 Bath 4,037 SQFT Sold: 6/01/10 Days on Market: 487 Sold: $1,305,000 Percentage of Original Asking : 71% A beautiful restoration originally listed in January ‘09. At the steeply discounted sale price, it was far from lucrative for the developer. Take home lesson: know the market before your attempt a flip.
  • 14. City of Boulder Town Homes and Condos (attached dwellings)
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  • 22. Boulder: Notable Sales The East End 1505 Pearl, #301 Key Statistics: 2 Bed, 2 Bath 1,697 SQFT Sold: 6/30/10 Days On Market: 58 Sold: $910,000 Percentage of Original Asking : 94% The developers of this unit originally envisioned a much stronger high-end market. Listed for nearly $1.4MM two years ago, this unit found a buyer in only 3 weeks when priced right at $969K Mapleton Condos 429 Mapleton Ave, Unit: A Key Statistics: 1 Bed, 1 Bath 674 SQFT Sold: 6/24/10 Days on Market: 235 Sold: $370,000 Percentage of Original Asking : 93% These cute historic condos are in the ideal location, near Santas and a few blocks from downtown. Formerly a women’s boarding house, it was built in 1906. Rooftop Swimming 3601 Arapahoe, #D314 Key Statistics: 2 Bed, 2 Bath 1,222 SQFT Sold: 6/11/10 Days on Market: N/A Sold: $390,000 Percentage of Original Asking : N/A With now solidly competitive pricing, the Peloton sales office continues to roll ahead. Expect new buildings to come on-line shortly. This unit was on the 3 rd floor, east facing.
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