Wednesday, February 12, 2014

Boulder Real Estate Gains 11.2% [Analyze This]

by Osman Parvez

Driven by low mortgage rates and scarce inventory, the average price of single family detached houses increased 11.2% last year.   The median increased 8.4%. 

It was a good year to be a Boulder homeowner.

Of course, this doesn't mean that the typical Boulderite suddenly found themselves with an extra $50K in their pocket. It also doesn't mean your home appreciated 11.2%. Market conditions vary by price range, location, property type, design, and condition. 

Consult your neighborhood real estate expert if you'd like an analysis of your home's current market value. 

Additional Reading
Volume Spikes in Boulder
The Annual Report on Boulder Real Estate
Boulder House Inventory [Analyze This]

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