Indicators show positive results that the economy and the overall real estate market in Boulder is finally picking up in 2009. Usually there is a lull in movement in the market when school starts, so it’s normal to see that overall property sales in Boulder county have slowed in the past two months, however we see an 8.6% increase in the number of properties sold or under contract so far in September this year compared to September last year. Over 70% of all the properties sold so far this month are in the price range under $500,000, about 23% in the $500,000 to $1 million, while only 6% of the properties sold were over $1 million.
During the months of July and August, condo sales in Boulder sped up quite a bit, statistics show that in August condos spent 50% less time on the market before selling, (sold twice as fast) compared to the months of June & July. While the average time that residential homes take to sell in Boulder remained relatively the same through June, July, and August.
With help selling your property or finding a great deal on one, visit our website and contact us today… www.bernardirealestate.com
Sincerely,
Karen Bernardi
