JUNE: MARKET INSIGHT, DEALS & EVENTS

Featured Listing: 1047 Balsam Ave, Boulder
$2,145,000 | 5 Beds| 6 Baths | 4,902 Sq Ft
Listed by Jay Hebb, RE/MAX Alliance on Walnut

1047Balsam June 2017

New construction in coveted Newlands. Graciously situated between North Boulder Park and Ideal Market Plaza. Just a short stroll downtown or to Mt. Sanitas open space, this property is perfect for anyone looking to enjoy the quintessential Boulder lifestyle and the city’s finest amenities. Exciting new development across the street will contribute to the vibrancy of this location. Sun drenched open floor plan features a gourmet kitchen, luxury master suite, designer finishes, and breathtaking views.

840Grape June 2017 306McConnell June 2017
$1,395,000
840 Grape Ave, Boulder
5 Beds, 3 Baths, 3,523 Sq Ft
Listed by Leyla Steele & Zachary Zeldner
RE/MAX Alliance on Walnut
$885,000
306 McConnell Dr, Lyons
3 Beds, 4 Baths, 3,460 Sq Ft
Listed by Pat Kahler
RE/MAX Alliance
16559RedRock June 2017 3012WYarrow June 2017
$674,900
16559 Red Rock Ln, Broomfield
5 Beds, 4 Baths, 3,868 Sq Ft
Listed by Lisa Mattix
RE/MAX Alliance
$479,500
3012 W Yarrow Cir, Superior
3 Beds, 3 Baths, 2,119 Sq Ft
Listed by Kevin Kelly
RE/MAX Alliance
9125th June 2017 8207Northstar June 2017
$649,000
912 5th Ave, Longmont
3 Beds, 4 Baths, 2,900 Sq Ft
Listed by Heather Brandt
RE/MAX Alliance
$475,000
8207 Northstar Ct, Windsor
3 Beds, 3 Baths, 3,506 Sq Ft
Listed by Steven Noel
RE/MAX Alliance
Search listings here and please contact me with any questions. I’m never too busy for your referrals.

Market Insight

May2017SFH June 2017

As we reach the end of June we have the opportunity to look back at May to see how the market is fairing. Probably the best indicator for Boulder County is that we are finally starting to see some inventory relief with a 17.9% increase in inventory coming online compared to last year. We are up 12.3% for the year. The increase has made a small dent in our Months’ Supply of inventory with a modest increase to 2.3 months’ compared to 1.9 months last year. These numbers still show we are in a Seller’s market but it is a 21.1% increase in inventory when compared to May 2016.

May2017ATD June 2017

May2017Graph June 2017

This limited supply is still pushing pricing up. The median sales price jumped by 13.9% and the average price for the county increased to a whopping $728,003. Pricing has certainly caused a migration of Buyers pushing out east to find more affordable options.

A very interesting stat to look at is Days on Market. Technically this number should have increased with an increased inventory and an increase in Months’ Supply of Inventory, but the number actually decreased by 19.2% to 42 days. What this tells us is that well priced and positioned homes are going under contract very quickly but despite these figures, Buyers are pushing back on some inventory and as a result, we are seeing some homes sit on the market. Expect to see the Days on Market Stats increase in October and November when these Sellers adjust their pricing.

Until next month keep cool, it is hot out there.


Local Business Features: Glass Gecko & Made for Sleep

Gecko June 2017

Arrian Wheeler, the founder of Glass Gecko, has over 25 years in the window cleaning industry. Whether you are in a private residence or a commercial high-rise, Glass Gecko is the company that people in Boulder and all along the front range have relied on since 2000.

Mention RE/MAX Alliance and receive Three for FREE when you have windows cleaned with Glass Gecko! Free exterior skylights, Free Master Bathroom Mirror, and Free Exterior Glass Tabletops! That’s a discount of $50-$200 per job. Offer is good through July 31, 2017.

sleep2 June 2017

Good sleep can be hard to come by sometime. Come to this special workshop where we’ll make all sorts of natural sleep aids that promote restful sleep. This workshop includes your first drink. Bring a friend, and come spend a lovely Sunday with us and enjoy a glass of wine. No experience necessary! Drop in hours are 2-4pm on Sunday, August 13th at Rayback Collective. Click here to register.

RE/MAX Alliance friends can use the discount code “remax5” to receive an additional $5 off the pre-registration price. Just enter the promotional code “remax5” when getting your ticket. Please register early, as the code is limited to the first 5 participants.


Pets of the Month: Ryder & Maybelle

 

boulder_humane_society_word_logo_201 June 2017

longmont_humane_society_logo_words_246 June 2017

Ryder June 2017

Maybell June 2017

Ryder is a sweet little guy that likes to snuggle! He comes when called, heels when we walk and is a pretty good listener in general. He loves playing with other dogs and has lived successfully with cats and children. Ryder can be nervous during thunderstorms but with a little comforting from his family, he feels okay. He loves his treat ball and really appreciates belly rubs.

Ryder is currently available for adoption but continues to reside with his loving family. Lucky dog- doesn’t have to experience the stress of living in the shelter! If you are interested in meeting Ryder, please contact the Humane Society of Boulder Valley Foster department at 303-442-4030, extension 697, or e-mail foster@boulderhumane.org.

Maybelle is a sweet, confident girl in search of a family to give her the care, attention, and patience she needs. This girl tends to get so excited when she’s getting love and affection, it can lead to play/love bites. This is her way of returning the love. She’s very playful and spunky. She would make a great house companion for those who can love and understand her just as much as we do. Check her out today!


Upcoming Events

Fireworks June 2017

Blue Grass Mondays – 7:30 – 9:30 pm, 12Degree Brewing – 820 Main St, Louisville 
Every Monday night its Bluegrass pick and jam at the Brewery. If you can play, you’re invited to join the group, or come on down and just enjoy the Bluegrass music… and the beer of course.

The Colorado Shakespeare Festival – Now through August 7th – CU Mary Rippon Outdoor Theatre
The Colorado Shakespeare Festival is a professional theatre company in association with the University of Colorado Boulder. Since 1958 the festival has celebrated and explored Shakespeare and his continuing influence and vitality through productions of superior artistic quality, education and community engagement. Plays are performed beneath summer night skies in the historic Mary Rippon Outdoor Theatre and in the newly renovated indoor University Theatre.

Frederick In Flight – June 23-25 – Centennial Park, Frederick
Join the Town of Frederick as we celebrate the many forms of flight in June with a family friendly hot air balloon lift! The balloons lift at daybreak on Friday, Saturday and Sunday mornings, weather permitting.

Twenty Ninth Street LIVE! Concerts – June 24 – Aug 26, Boulder
Once again we are going to rock, swing, and jive at Twenty Ninth Street with our concert series. Every Saturday features an amazing live artist. Meet us on Central Plaza next to West Elm, where The Barrel is located for food, drinks and dancing under the stars.

Coors Light South Platte RiverFest – June 24 – 25 – Confluence Park, Denver
RiverFest, in its fifth year, is an inclusive two-day event, with a little something for everyone featuring free stand-up paddle boarding demos, morning fitness classes with Sound Off Colorado, and a variety of other outdoor activities including rock wall climbing, slack lining, live music, art, local food, and ice cold beer.

2017 Kinetics Summer Solst-ish Happening – June 24 – Union Reservoir, Longmont
The Kinetics Sculpture Race features teams on human-powered sculptures racing across land and water with zany costumes and themes. An all day festival for friends and family at the Beach with music, entertainment, food, and beer garden, Kid’s Recycled Raft Race, Solstice Swim, Dragon Boats, and Burn Sculpture at dusk on the lake! Only $10 per carload/ $2 walk/bike in.

Ralphie’s Independence Day Blast Fireworks Display
On July 4 Folsom Field Stadium will be hosting an annual Independence Day fireworks show. Ralphie’s Independence Day Blast is a long-standing tradition dating back to 1941. The celebration also includes live music and a visit from Ralphie himself.

4th of July at the Boulder Reservoir
The beautiful Boulder Reservoir is the site of the 5/10K Craig Towler Freedom Run on July 4 at 8 am. Families are welcome to come hang out at the reservoir as well. Come picnic, swim, and hang out in the sun. The reservoir will be open from 5:30 am until 5:00 pm. There will also be a beer garden available to the public. The beachside café will also offer varying food options from 9:00 am-5:00 pm.

Boulder Farmer’s Market
Every Saturday of the summer come to the Boulder Farmer’s Market located next to Central Park and the Boulder Creek. USA Today named it the Number 1 Farmer’s market in the country so this event is a must see. The market was established in 1986 by a few local farmers looking to sell produce. Since then the market has grown to be the largest in Colorado and a very popular tourist attraction.

Louisville Street Faire – 5-10 pm Fridays June 23-August 11
There is excellent food, cold drinks, lots of children’s activities, quality arts, crafts, sundries, and, because of our awesome sponsors, this event is FREE! Corner of Main and Pine at 6:15 and we’ll follow the band to the Steinbaugh. South on Main and right between Bittersweet and Little Horse. Dress up, have fun, but please stay out of the street until it is officially closed, and no alcohol allowed! Schedule: Main Street closure 6:15. The parade starts at 6:25.