Boulder County Still Strong

Kacie Riordan

07/10/20

Friends,
The Boulder County real estate market had another strong week
BEFORE WE GET SERIOUS:
Missing organized sports? This classic Studio C comedy will give you a cringing chuckle.
Top Soccer Shootout Ever With Scott Sterling (Original)
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Does Scott Sterling excel at Volleyball?

BOULDER COUNTY REAL ESTATE MICRO DATA:

Boulder County Stats 6/28-7/05/2020

Sold listings showed big gains. Keep in mind that Under-Contract/Pending reflects our current market; Solds are a lagging indicator by about 30-45 days.
These numbers are 36% higher than this time last year, even while open houses have been prohibited.
What effect would hosting open houses would have right now?
​​​​​​​Private showings alone have facilitated these strong numbers; many agencies/agents are not taking the risk of hosting and attending open houses.

Price bands are showing a lot of consistency with previous weeks.
​​​​​​​$500K-$1M Under-Contracts remain very strong, and the $2M+ range made a notable increase over 2019 numbers.

Local Real Estate In A Nutshell

Our overall numbers were down somewhat last week, though this is still an extremely strong showing. We will have to see if the decreased activity reflected 4th of July fun or if our market is starting to quiet like a typical July now.

The Back End of Real Estate:

The Power of Matterport:

Have you learned how to drive Matterport technology yet? It can teach buyers a ton about homes, without stepping inside.
​​​​​​​This is our terrific listing at 3780 26th Street. It is a spacious home on a 1/3 acre lot in desirable North Boulder. Have fun playing with the Matterport below, and let us know if you'd like to schedule a private tour.

NATIONAL MACRO DATA:

Covid-19 Mortgage Bailouts Drop by 435,000, Plus Foreclosure Forecasts. Click photo below.

More Than Half of Redfin Offers Faced Bidding Wars for Second Consecutive Month in June
HOUSINGCEO of Century 21 parent says suburban home search is up across the country, following New York’s lead.
​​​​​​​Q2 GDP Forecasts: Probably Around 36% Annual Rate Decline


Wishing you health. Call us with questions.

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Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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