Boulder County Economic Snapshot - October '12

As is customary for this time of the year, the Boulder Valley real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 6% when compared to August/2012 for Boulder County. If that trend continues, active single family home listings for Boulder County at the close of 2012 will be approximately 1,137 (2011 ended with 1,121 active single family home listings).

Through September/2012 single family home sales for Boulder County are UP 22.87% when compared to September/2011 (2,519 vs. 2,050); attached unit sales are UP 23.24% (896 vs. 727); the market is UP 22.97%. For September/2012, the market was UP 14.69% when compared to September/2011.

South Metro Denver Economic Snapshot - October '12

As is customary for this time of the year, the South Metro Denver real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 4% (2273 vs. 2367) when compared to August/2012 for South Metro Denver. If that trend continues, active single family home listings for South Metro Denver at the close of 2012 will be approximately 2010 (2011 ended with 2376 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 36.30% (2273 vs. 3568).

Through September/2012 single family home sales for South Metro Denver are UP 18.75% when compared to through September/2011 (9215 vs. 7760); attached unit sales are UP 15.40% (3648 vs. 3161); the market is UP 17.61%.

Mountain Suburbs Economic Snapshot - October '12

As is customary for this time of the year, the Mountain Suburbs real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 7.18% (453 vs. 488) when compared to August/2012 for the Mountain Suburbs. If that trend continues, active single family home listings for the Mountain Suburbs at the close of 2012 will be approximately 362 (2011 ended with 515 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 27% (453 vs. 623).

Through September/2012 single family home sales for the Mountain Suburbs are UP 33.25% when compared to through September/2011 (597 vs. 448); attached unit sales are UP 42.85% (20 vs. 14); the market is UP 33.54%.

Metro Denver Economic Snapshot - October '12

As is customary for this time of the year, the Metro Denver real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 4% (2293 vs. 2388) when compared to August/2012 for Metro Denver. If that trend continues, active single family home listings for Metro Denver at the close of 2012 will be approximately 2028 (2011 ended with 2482 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 37% (2293 vs. 3640).

Through September/2012 single family home sales for Metro Denver are UP 15.23% when compared to through September/2011 (9773 vs. 8481); attached unit sales are UP 16.86% (3832 vs. 3279); the market is UP 15.77%.

Jefferson County Economic Snapshot - October '12

As is customary for this time of the year, the Jefferson County real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 2.20% (711 vs. 727) when compared to August/2012 for Jefferson County. If that trend continues, active single family home listings for Jefferson County at the close of 2012 will be approximately 665 (2011 ended with 685 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 27.45% (711 vs. 980).

Through September/2012 single family home sales for Jefferson County are UP 23.46% when compared to through September/2011 (2478 vs. 2007); attached unit sales are UP 23.05% (491 vs. 399); the market is UP 23.39%.

Douglas County Economic Snapshot - October '12

As is customary for this time of the year, the Douglas County real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 4.63% (1649 vs. 1729) when compared to August/2012 for Douglas County. If that trend continues, active single family home listings for Douglas County at the close of 2012 will be approximately 1430 (2011 ended with 1610 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down nearly 30% (1649 vs. 2292).

Through September/2012 single family home sales for Douglas County are UP 24.36% when compared to through September/2011 (4670 vs. 3755); attached unit sales are UP 26.17% (564 vs. 447); the market is UP 24.55%.

Broomfield/Westminster Economic Snapshot - October '12

As is customary for this time of the year, the Broomfield/Westminster real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 1.13% (789 vs. 798) when compared to August/2012 for Broomfield/Westminster. If that trend continues, active single family home listings for Broomfield/Westminster at the close of 2012 will be approximately 762 (2011 ended with 817 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 23.62% (789 vs. 1033).

Through September/2012 single family home sales for Broomfield/Westminster are UP 13.83% when compared to through September/2011 (3045 vs. 2675); attached unit sales are UP 3.44% (511 vs. 494); the market is UP 12.21%.

Aurora Economic Snapshot - October '12

As is customary for this time of the year, the Aurora real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 5.58% (457 vs. 484) when compared to August/2012 for Aurora. If that trend continues, active single family home listings for Aurora at the close of 2012 will be approximately 384 (2011 ended with 537 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down nearly 40% (457 vs. 761).

Through September/2012 single family home sales for Aurora are UP 1.91% when compared to through September/2011 (2,766 vs. 2,714); attached unit sales are UP 2.83% (1,016 vs. 988); the market is UP 2.16%.

Northern Colorado Economic Snapshot - October '12

As is normal for this time of the year, the Northern Colorado real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 5.23% when compared to August/2012 for Northern Colorado. If that trend continues, active single family home listings for Northern Colorado at the close of 2012 will be approximately 1,790 (2011 ended with 1,964 active single family home listings).

Through September/2012 single family home sales for Northern Colorado are UP 13.97% when compared to September/2011 (4,324 vs. 3,794); attached unit sales are UP 17.45% (848 vs. 722); the market is UP 14.52%. For September/2012, the market was UP 18.76% when compared to September/2011.

Northern Colorado Economic Snapshot - August '12

As late summer melds into early fall the Northern Colorado real estate market continues to remain strong both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built in the higher price ranges. These are all presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

South Metro Denver Economic Snapshot - August '12

As late summer melds into early fall the South Metro Denver real estate market continues to remain positive both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built across the Front Range in the higher price ranges. These are mainly presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

Mountain Suburbs Economic Snapshot - August '12

As late summer melds into early fall the Mountain Suburbs real estate market continues to remain positive both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built across the Front Range in the higher price ranges. These are mainly presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

Metro Denver Economic Snapshot - August '12

As late summer melds into early fall the Metro Denver real estate market continues to remain positive both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built across the Front Range in the higher price ranges. These are mainly presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

Jefferson County Economic Snapshot - August '12

As late summer melds into early fall the Jefferson County real estate market continues to remain positive both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built across the Front Range in the higher price ranges. These are mainly presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

Douglas County Economic Snapshot - August '12

As late summer melds into early fall the Douglas County real estate market continues to remain positive both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built across the Front Range in the higher price ranges. These are mainly presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

Broomfield/Westminster Economic Snapshot - August '12

As late summer melds into early fall the Broomfield/Westminster real estate market continues to remain positive both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built across the Front Range in the higher price ranges. These are mainly presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

Aurora Economic Snapshot - August '12

As late summer melds into early fall the Aurora real estate market continues to remain positive both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built across the Front Range in the higher price ranges. These are mainly presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

Boulder Valley Economic Snapshot - August '12

As late summer melds into early fall the Boulder Valley real estate market continues to remain strong both in the resale sector and new home construction. For the first time in several years we’re seeing a few new homes being built in the higher price ranges. These are all presales as lenders and builders are still wary of building spec inventory in a price range approaching and exceeding seven digits.

South Metro Denver Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the South Metro Denver real estate market continues to show signs of positive improvement. Through June/2012, the South Metro Denver market is up about 16.5% compared to through June/2011 for single family homes and attached unit sales (7,979 sales vs. 6,849 sales). The market still trails the peak year of 2005, down approximately 18% for single family home sales compared to through June/2005 (5,747 sales vs. 7,007sales).

Mountain Suburbs Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Mountain Suburbs real estate market continues to show signs of positive improvement. Through June/2012, the Mountain Suburbs market is up about 34% compared to through June/2011 for single family homes and attached unit sales (378 sales vs. 281 sales). The market still trails the peak year of 2005, down approximately 11.5% for single family home sales compared to through June/2005 (363 sales vs. 411 sales).

Metro Denver Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Metro Denver real estate market continues to show signs of positive improvement. Through June/2012, the Metro Denver market is up about 14.75% compared to through June/2011 for single family homes and attached unit sales (8,525 sales vs. 7,429 sales). The market still trails the peak year of 2005, down approximately 15.50% for single family home sales compared to through June/2005 (6,177 sales vs. 7,307 sales).

Jefferson County Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Jefferson County real estate market continues to show signs of positive improvement. Through June/2012, the Jefferson County market is up about 22.60% compared to through June/2011 for single family homes and attached unit sales (1,809 sales vs. 1,475 sales). The market still trails the peak year of 2005, down approximately 16.20% for single family home sales compared to through June/2005 (1,508 sales vs. 1,800 sales).

Douglas County Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Douglas County real estate market continues to show signs of positive improvement. Through June/2012, the Douglas County market is up about 22% compared to through June/2011 for single family homes and attached unit sales (3,230 sales vs. 2,645 sales). The market still trails the peak year of 2005, down approximately 13% for single family home sales compared to through June/2005 (2,874 sales vs. 3,307 sales).

Broomfield/Westminster Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Broomfield/Westminster real estate market continues to show signs of positive improvement. Through June/2012, the Broomfield/Westminster market is up about 12.70% compared to through June/2011 for single family homes and attached unit sales (2,212 sales vs. 1,963 sales). The market still trails the peak year of 2005, down approximately 21% for single family home sales compared to through June/2005 (1,883 sales vs. 2,384 sales).

Aurora Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Aurora real estate market continues to show signs of positive improvement. Through June/2012, the Aurora market is up about 1% compared to through June/2011 for single family homes and attached unit sales (2,396 sales vs. 2,373 sales). The market still trails the peak year of 2005, down approximately 30% for single family home sales compared to through June/2005 (1,747 sales vs. 2,521 sales).

Boulder Valley Economic Snapshot - July '12

As we remain on this path of low mortgage interest rates and depleted inventory of available homes for sale, the Boulder Valley real estate market continues to show signs of positive improvement. Through June/2012, the Boulder County real estate market is UP 25% compared to through June/2011 for single family homes and attached unit sales (2,125 units vs. 1,702 units). The market still trails the peak year of 2005, down approximately 28% compared to through June/2005 (2,125 units vs. 2,940 units).

South Metro Denver Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The South Metro Denver real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout South Metro Denver are UP 21% compared to through May/2011 (4374 vs. 3616); attached unit sales are UP 12% (1767 vs. 1573) for the same time periods; and the overall market is UP 18%. The market is still down about 22% when compared to 2005, the benchmark year when sales activity peaked.

Northern Colorado Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Northern Colorado real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Northern Colorado are UP 11% compared to through May/2011 (1892 vs. 1712); attached unit sales are UP 6% (375 vs. 355) for the same time periods; and the overall market is UP 10%. The market is still down about 22% when compared to 2005, the benchmark year when sales activity peaked.

Mountain Suburbs Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Mountain Suburbs real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout the Mountain Suburbs are UP 34% compared to through May/2011 (281 vs. 210). The market is still down about 9% when compared to 2005, the benchmark year when sales activity peaked.

Metro Denver Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Metro Denver real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Metro Denver are UP 12% compared to through May/2011 (4754 vs. 4226); attached unit sales are also UP 12% (1846 vs. 1652) for the same time periods. The market is still down about 19% when compared to 2005, the benchmark year when sales activity peaked.

Jefferson County Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Jefferson County real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Jefferson County are UP 34% compared to through May/2011 (1151 vs. 858); attached unit sales are UP 12% (237 vs. 212) for the same time periods; and the overall market is UP 30%. The market is still down about 22% when compared to 2005, the benchmark year when sales activity peaked.

Douglas County Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Douglas County real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Douglas County are UP 20% compared to through May/2011 (2208 vs. 1839); attached unit sales are UP 26% (262 vs. 208) for the same time periods; and the overall market is UP 21%. The market is still down about 12% when compared to 2005, the benchmark year when sales activity peaked.

Broomfield/Westminster Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Broomfield/Westminster real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Broomfield/Westminster are UP 15% compared to through May/2011 (1508 vs. 1307); attached unit sales are UP 24% (266 vs. 214) for the same time periods; and the overall market is UP 17%. The market is still down about 21% when compared to 2005, the benchmark year when sales activity peaked.

Aurora Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Aurora real estate market continues to show signs of stability as sales activity has held thus far this year when compared to 2011. Through May/2012 single family home sales throughout Aurora are similar to through May/2011 (1392 vs. 1413); attached unit sales are up slightly (517 vs. 515) for the same time periods. The market is still down about 31% when compared to 2005, the benchmark year when sales activity peaked.

Boulder Valley Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

Locally, the Boulder Valley real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Boulder County are UP 25% compared to through May/2011 (1157 vs. 923); attached unit sales are UP 23% (422 vs. 343) for the same time periods; and the overall market is UP 24.72%. The market is still down slightly over 30% when compared to 2005, the benchmark year when sales activity peaked.

South Metro Denver Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the South Metro Denver real estate market has “heated-up” over the course of the past few months, here are some numbers to chew on. (Information is from MetroList, the Denver Metro MLS.) Through April/2012, single family home sales are UP approximately 11% when compared to through April/2011 (3123 vs. 2801). Attached unit sales are UP 7% for the same time periods (1283 vs. 1195). Overall, the market is UP about 10%. How about those numbers?

Mountain Suburbs Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Mountain Suburbs real estate market has “heated-up” over the course of the past few months, here are some numbers to chew on. (Information is from MetroList, the Denver Metro MLS.) Through April/2012, single family home sales are UP approximately 14% when compared to through April/2011 (190 vs. 166). 

Metro Denver Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Metro Denver real estate market has “heated-up” over the course of the past few months, here are some numbers to chew on. (Information is from MetroList, the Denver Metro MLS.) Through April/2012, single family home sales are UP approximately 10% when compared to through April/2011 (3423 vs. 3117). Attached unit sales are UP 7% for the same time periods (1350 vs. 1267). Overall, the market is UP about 9%. How about those numbers?

Jefferson County Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Jefferson County real estate market has “heated-up” over the course of the past few months, here are some numbers to chew on. (Information is from MetroList, the Denver Metro MLS.) Through April/2012, single family home sales are UP approximately 17% when compared to through April/2011 (825 vs. 705). Attached unit sales are UP 20% for the same time periods (186 vs. 155). Overall, the market is UP about 18%. How about those numbers?

Douglas County Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Douglas County real estate market has “heated-up” over the course of the past few months, here are some numbers to chew on. (Information is from MetroList, the Denver Metro MLS.) Through April/2012, single family home sales are UP approximately 16% when compared to through April/2011 (1590 vs. 1367). Attached unit sales are UP 14% for the same time periods (188 vs. 165). Overall, the market is UP about 16%. How about those numbers?

Broomfield/Westminster Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Broomfield/Westminster real estate market has “heated-up” over the course of the past few months, here are some numbers to chew on. (Information is from MetroList, the Denver Metro MLS.) Through April/2012, single family home sales are UP approximately 14% when compared to through April/2011 (1117 vs. 981). Attached unit sales are UP 28% for the same time periods (214 vs. 167). Overall, the market is UP about 16%. How about those numbers?

Aurora Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Aurora real estate market has stabilized over the course of the past few months, here are some numbers to chew on. (Information is from MetroList, the Denver Metro MLS.) Through April/2012, single family home sales are comparable to through April/2011 (1054 vs. 1059). Attached unit sales are UP 2% for the same time periods (403 vs. 394). Overall the market is about the same.

Northern Colorado Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Northern Colorado real estate market has “heated-up” over the course of the past few months, here are some numbers to chew on. (Information is from IRES, the Northern Colorado MLS.) Through April/2012, single family home sales are UP approximately 12% when compared to through April/2011 (1419 vs. 1266). Attached unit sales are UP 13% for the same time periods (295 vs. 261). Overall, the market is UP about 12%. 

Boulder Valley Economic Snapshot - May '12

To a great degree real estate is a numbers game. It’s about sales and appraisal values, financing rates, statistical analysis on the number of sold properties and active listings, and return on investment for commercial buyers and sellers. There is the square footage conundrum where tiny homes sell for much more than larger homes. Did I hear someone say, “Location, location, location.”? 

As the Boulder County real estate market has “heated up” over the course of the past few months, here are some numbers to chew on. (Information is from IRES, the Northern Colorado MLS.) Through April/2012, single family home sales are UP approximately 19% when compared to through April/2011. Attached unit sales are UP 14% for the same time periods. Overall, the market is UP slightly less than 18%. How about those numbers?

Metro Denver Economic Snapshot - April '12

With the arrival of spring, there appears to be a ray of sunshine for the Metro Denver real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.

For the Metro Denver real estate market, through March/2012 single family homes sales are UP approximately 12% year-to-date versus 2011; attached unit sales are UP approximately 4% year-to-date versus 2011; and the overall market is UP approximately 9% year-to-date versus 2011. Active listings in Metro Denver are down noticeably, with 46% fewer single family homes on the market now (2299) as compared to April/2011 (4246). When the local real estate market peaked in 2005 there were 5293 homes available in April.

South Metro Denver Economic Snapshot - April '12

With the arrival of spring, there appears to be a ray of sunshine for the South Metro Denver real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.

For the South Metro Denver real estate market, through March/2012 single family homes sales are UP approximately 12% year-to-date versus 2011; attached unit sales are UP approximately 6% year-to-date versus 2011; and the overall market is UP approximately 10% year-to-date versus 2011. Active listings in South Metro Denver are down noticeably, with 43% fewer single family homes on the market now (2266) as compared to April/2011 (3979). When the local real estate market peaked in 2005 there were 4792 homes available in April.

Mountain Suburbs Economic Snapshot - April '12

With the arrival of spring, there appears to be a ray of sunshine for the Mountain Suburbs real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.

For the Mountain Suburbs real estate market, through March/2012 single family homes sales are UP approximately 6% year-to-date versus 2011. Active listings in Mountain Suburbs are down noticeably, with 27% fewer single family homes on the market now (372) as compared to April/2011 (509). When the area real estate market peaked in 2005 there were 456 homes available in April.

Jefferson County Economic Snapshot - April '12

With the arrival of spring, there appears to be a ray of sunshine for the Jefferson County real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.

For the Jefferson County real estate market, through March/2012 single family homes sales are UP approximately 21% year-to-date versus 2011; attached unit sales are UP approximately 18% year-to-date versus 2011; and the overall market is UP approximately 20% year-to-date versus 2011. Active listings in Jefferson County are down noticeably, with 39% fewer single family homes on the market now (648) as compared to April/2011 (1056). When the local real estate market peaked in 2005 there were 1243 homes available in April.

Northern Colorado Economic Snapshot - April '12

With the arrival of spring there appears to be a ray of sunshine for the Northern Colorado real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.

For the Northern Colorado real estate market, through March/2012 single family homes sales are UP approximately 14% year-to-date versus 2011; attached unit sales are UP approximately 25% year-to-date versus 2011; the overall market being UP approximately 15% year-to-date versus 2011.

Douglas County Economic Snapshot - April '12

With the arrival of spring, there appears to be a ray of sunshine for the Douglas County real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.

For the Douglas County real estate market, through March/2012 single family homes sales are UP approximately 12% year-to-date versus 2011; attached unit sales are UP approximately 18% year-to-date versus 2011; and the overall market is UP approximately 13% year-to-date versus 2011. Active listings in Douglas County are down noticeably, with 31% fewer homes on the market now (1678) as compared to April/2011 (2441). When the local real estate market peaked in 2005 there were 2558 single family homes available in April.

Broomfield/Westminster Economic Snapshot - April '12

With the arrival of spring, there appears to be a ray of sunshine for the Broomfield/Westminster real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.  

For the Broomfield/Westminster real estate market, through March/2012 single family homes sales are UP approximately 11% year-to-date versus 2011; attached unit sales are UP approximately 38% year-to-date versus 2011; and the overall market is UP approximately 14% year-to-date versus 2011. Active listings in Broomfield/Westminster are down noticeably, with 50% fewer single family homes on the market now (680) as compared to April/2011 (1365). When the local real estate market peaked in 2005 there were 2293 homes available in April. 

Aurora Economic Snapshot - April '12

With the arrival of spring, there appears to be a ray of sunshine for the Aurora real estate market. Attractive mortgage interest rates and a lack of available inventory have fueled buyer interest. Multiple offers and some homes selling for more than the list value have once again surfaced.

For the Aurora real estate market, through March/2012 single family homes sales are UP approximately 6% year-to-date versus 2011; attached unit sales are UP approximately 10% year-to-date versus 2011; and the overall market is UP approximately 6% year-to-date versus 2011. Active listings in Aurora are down noticeably, with 66% fewer homes on the market now (382) as compared to April/2011 (1123). When the local real estate market peaked in 2005 there were 1898 single family homes available in April.

Boulder Valley Economic Snapshot - April '12

With the advent of spring, there appears to be a ray of sunshine for the Boulder County real estate market. Through March/2012 single family homes sales are UP approximately 11% year-to-date versus 2011; attached unit sales are UP approximately 7% year-to-date versus 2011; the overall market being UP approximately 10% year-to-date versus 2011. Assuming the local real estate market keeps a similar pace over the balance of the year, there will be approximately 4,000 single family homes (73%) and attached units (27%) sold in 2012. This would be somewhat comparable to sales activity for 2008 (4,270 sales), but still considerably below 2005 figures (5,795 sales) when activity peaked.  

Boulder Valley Economic Snapshot - March '12

As is characteristic of this time of year, the inventory level of available homes starts to expand. For Boulder County, active listings are up 18% through February/2012 compared to the end of 2011. Sales of single family homes and attached units are up 4% for the first two months of this year compared to the first two months of 2011.

Northern Colorado Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available homes begins to increase. For Northern Colorado and much of the Front Range this may not hold true this year as inventory levels continue to sit at extremely low levels. Sales of single family homes and attached units are up 9% across Northern Colorado for the first two months of this year compared to the first two months of 2011.

South Metro Denver Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available single family homes starts to expand. For South Metro Denver, active listings are actually down 9% through February/2012 compared to the end of 2011. Sales of single family homes and attached units are up 12% for the first two months of this year compared to the first two months of 2011.

Mountain Suburbs Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available single family homes starts to expand. For the Mountain Suburbs, active listings are actually down 16% through February/2012 compared to the end of 2011. Sales of single family homes are up 8% for the first two months of this year compared to the first two months of 2011.

Metro Denver Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available single family homes starts to expand. For Metro Denver, active listings are actually down 12% through February/2012 compared to the end of 2011. Sales of single family homes and attached units are up 11% for the first two months of this year compared to the first two months of 2011.

Jefferson County Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available single family homes starts to expand. For Jefferson County, active listings are actually down 8% through February/2012 compared to the end of 2011. Sales of single family homes and attached units are up 34% for the first two months of this year compared to the first two months of 2011.

Douglas County Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available single family homes starts to expand. For Douglas County, active listings are actually down 3% through February/2012 compared to the end of 2011. Sales of single family homes and attached units are up 8% for the first two months of this year compared to the first two months of 2011.

Broomfield/Westminster Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available single family homes starts to expand. For Broomfield/Westminster, active listings are actually down 10% through February/2012 compared to the end of 2011. Sales of single family homes and attached units are up 22% for the first two months of this year compared to the first two months of 2011.

Aurora Economic Snapshot - March '12

As is normally characteristic of this time of year, the inventory level of available single family homes starts to expand. For Aurora, active listings are actually down 24% through February/2012 compared to the end of 2011. Sales of single family homes and attached units are up 10% for the first two months of this year compared to the first two months of 2011.

South Metro Denver Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Northern Colorado Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Mountain Suburbs Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Metro Denver Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Jefferson County Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Douglas County Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Broomfield/Westminster Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Boulder Valley Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

Aurora Economic Snapshot - February '12

The detail that most often spurs a real estate market isn’t mortgage interest rates, home values or market inventory, its motivation. It’s home buyers and sellers seeing opportunity in the marketplace and being motivated to take action. For the past few years, motivation has been missing in the local and national real estate markets, but the elements that spur buyer and seller activity currently exist.

South Metro Denver Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the South Metro Denver real estate market that light may be the end to the darkness the area real estate market has experienced since the conclusion of 2005.

For the past two years sales activity has begun to stabilize. In 2010 there were 14,008 single family/attached unit sales across the South Metro Denver. In 2011 that number was 14,248.

Mountain Suburbs Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Mountain Suburbs real estate market that light may be the end to the darkness the area real estate market has experienced since the conclusion of 2005.

For the past two years sales activity has begun to stabilize. In 2010 there were 618 single family/attached unit sales across the Mountain Suburbs. In 2011 the number was 619.

Metro Denver Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Metro Denver real estate market that light may be the end to the darkness the area real estate market has experienced since the conclusion of 2005.

For the past two years sales activity has begun to stabilize. In 2010 there were 15,095 single family/attached unit sales across Metro Denver. In 2011 that number was 15,350.

Jefferson County Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Jefferson County real estate market that light may be the end to the darkness the area real estate market has experienced since the conclusion of 2005.

For the past two years sales activity has begun to stabilize. In 2010 there were 3,179 single family/attached unit sales across Jefferson County. In 2011 that number was 3,192.

Douglas County Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Douglas County real estate market that light may be the end to the darkness the area real estate market has experienced since the conclusion of 2005.

For the past two years sales activity has increased. In 2010 there were 5,191 single family/attached unit sales across Douglas County. In 2011 that number was 5,513; plus 6.20%.

Broomfield/Westminster Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Broomfield/Westminster real estate market that light may be the end to the darkness the area real estate market has experienced since the conclusion of 2005.

For the past two years sales activity has begun to stabilize. In 2010 there were 4,469 single family/attached unit sales across Broomfield/Westminster. In 2011 it was 4,207.

Aurora Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Aurora real estate market that light may be the end to the darkness the area real estate market has experienced since the conclusion of 2005.

For the past two years sales activity has been approximately the same. In 2010 there were 4,821 single family/attached unit sales across Aurora. In 2011 that number was 4,799.

Boulder Valley Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Boulder County real estate market that light may be the end to the darkness the area real estate market has experienced since the end of 2005.

For the past three years sales activity has been approximately the same. In 2009 there were 3,665 single family/attached unit sales across Boulder County. In 2010 that number was 3,660 and in 2011 the number was 3,539.

Northern Colorado Economic Snapshot - January '12

That light at the end of the tunnel may not be another train coming this way. For the Northern Colorado real estate market that light may be the end to the darkness the area real estate market has experienced since 2005.

For the past two years sales activity has been approximately the same. In 2010 there were 7,699 single family/attached unit sales across Northern Colorado. In 2011 that number was 7,883; an increase of 2.38%.