Green Shoots: Signs of life in Local Real Estate

Single family home sales are, generally, way off from last year. That said, there are price ranges where real estate sales are in fact ahead of 2008. A study done by Dagmar Alford of Options Realty shows where and is available city-by-price at www.OptionsRealtyLLC.net/market-statistics.asp. Highlights include:

Boulder’s home sales in the $800,000 and $900,000 price ranges were off year-to-date September, only 14% and 5% respectively. Overall Boulder’s sales volume is down 40% from last year.

Broomfield’s got signs of strength. The $100,000 sales are up 58% ahead of 2008 and the $300,000s are 22% ahead of last year. Overall Broomfield is only off 7% for the year-to-date from last year.

Home sales in Lafayette’s $400,000s and $500,000s are ahead of 2008: by 9% and 43%. Overall Lafayette’s volume is 24% behind 2008.

Longmont home sales are off in all price ranges except the $900,000s, which was even with last year, and the greater than $1 million, which is ahead of last year.

Louisville’s $300,000 and $400,000 home sales are ahead of 2008 by 14% and 8%. The $600,000s and $700,000s are even with last year. Overall Louisville is off 9% from 2008.

Superior sales are only off 4% overall and the $200,000, $300,000 and $500,000 price ranges were strongly ahead of 2008 by 27%, 25% and 31% respectively.

Dagmar Alford, CNE, ABR can be reached at 720-352-8285 or Dagmar@OptionsRealtyLLC.net.

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