March 2017
Check out the discount deals for March at the bottom of the newsletter: 1. Colorado Athletic Club 15% off discount to children’s summer camps by April 1; and 2. Precision Carpet Cleaning 10% off thru April.
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Market Insight |
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| | Featured Listings |
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Featured Listing: 907 11th St, Boulder, CO
$1,575,000 | 5 Beds, 2 Full/2 Three-Qtr Baths, 3,654 Sq Ft
Listed by Leyla & Steele Zach Zeldner, RE/MAX Alliance on Walnut
Stylish, tastefully remodeled historic stone Craftsman style home on corner lot in Chautauqua boasts functional floor plan with formal living and dining, open family room and updated kitchen that exits to large rear deck with southwest light and views. Master suite plus two lovely bedrooms on upper level and main floor office with bedroom and adjoining 3/4 bath. Nanny/in-law suite in basement with a separate entrance. The home is very well maintained and includes a fenced yard with nice landscaping, huge storage shed, and off street parking.
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| $497,000 175 N Sky View Dr, Nederland 3 Beds, 2 Full/1 Half Baths, 3,024 Sq Ft Listed by Liz Ford RE/MAX Alliance |
$387,000 2430 Calais Dr, B, Longmont 2 Beds, 1 Full/1 Three-Qtr/1 Half Baths, 2,520 Sq Ft Listed by Diane Stow RE/MAX Alliance |
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| $714,500 3327 Alexander Way, Broomfield 5 Beds, 3 Full/1 Half Baths, 4,998 Sq Ft Listed by Joel Thompson RE/MAX Alliance |
$775,000 4387 Witter Gulch Rd, Evergreen 5 Beds, 2 Full/1 Three-Qtr/1 Half Baths, 4,128 Sq Ft Listed by Nancy Kirkendall RE/MAX Alliance |
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| $1,090,000 6883 Springhill Dr, Niwot 5 Beds, 2 Full/1 Three-Qtr/1 Half Baths, 4,768 Sq Ft Listed by Jennifer Egbert RE/MAX Alliance on Walnut |
$1,699,000 8849 Portico Lane, Longmont 5 Beds, 4 Full/1 Three-Qtr/2 Half Baths, 7,042 Sq Ft Listed by Steven Noel RE/MAX Alliance |
Mother Nature decided to have spring-like weather for us early this year and the Real Estate market decided to follow her lead with an extremely strong January.
February proved to be another strong real estate market in Boulder County but we are beginning to see some leveling.
New listings in 2017 were consistent with what we saw in 2016 with 335 new listings. We did see a fall in Sold listings of 12% even though inventory is slightly up this year. Even with this drop we still only have 1.4 months of inventory, which still indicates a strong Seller’s market.
As is common when a market begins to plateau we are seeing Buyers being slightly more price sensitive, which is indicative of average sales price for this year only increasing 2.6% as compared to last year. This number is more in line with what we experience in a balanced market. We saw a strong decrease in Days on Market from 64 days to 55 days, which when we look closer we see that homes that are priced well are going under contract quickly.
The Percent of List Price Received 1.2% drop to 99.5% gives insight into the shifting mindset of Buyers. This is still a very strong number but does indicate a slowing in homes selling for over asking price.
The Best Time to Sell Your Home
The most common question I’m asked is, “When is the best time to sell my home?” Here is your answer, spring! Anytime from late February through mid-May is the best time to list your home. Here is why:
Peak Season
The peak of real estate season is usually early summer in Colorado. Many families wait until the end of the school year before listing their home. In late May and early June, there is an influx of homes for sale.
Competition
More inventory is good for buyers, but sellers looking to maximize the value of their home are better served when they beat the competition to the market. Right after the winter holidays, serious Buyers start looking at homes for sale online. By February they have a good idea of their price range and desired area.
Local Business Features: Colorado Athletic Club – Flatirons & Precision Carpet Cleaning and Janitorial
Did you know that RE/MAX Alliance and Colorado Athletic Club partner to offer discounts at Colorado’s premier workout facility? With the recent renovation Flatirons now offers hot yoga, year-round swimming pools and tennis, new locker rooms, and childcare! We are excited to have begun registration for summer memberships and summer camps!
Mention you are a friend of RE/MAX Alliance and receive 15% off Children’s Camps if you register before April 1, 2017, or to receive a discounted rate, enrollment, and two personal coaching sessions. Please contact Alison Thomas at athomas@wellbridge.com to set up a time to stop in or discuss options. 505 Thunderbird Drive, Boulder, CO, 80303 | 303.499.6590
Nothing says spring like freshly cleaned carpets. Precision Carpet Cleaning and Janitorial is a family-owned business based in Boulder, Colorado since 1990. They provide a variety of professional cleaning services, from carpets to oriental rugs and upholstery, to tile and grout, to hardwood floors, serving the northern Front Range.
Friends of RE/MAX Alliance who mention this ad will receive a 10% discount on the following services: carpet cleaning, upholstery cleaning, tile and grout cleaning, and wood floor cleaning when you spend $150 or more of their services. Offer expires April 30, 2017. Call 303.440.9772 to schedule today.
Pets of the Month: Toby & Blossom
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Handsome Toby, a two-year-old Pointer, German Wirehaired/Mix, is such a sweetheart! Toby is an active fellow who will benefit from abundant exercise and positive reinforcement training. Toby enjoys taking himself on adventures and will require some management to keep him at home; he comes with complimentary support from our Training and Behavior Center to help curb his wanderlust. Toby shared his previous home with young children with great success, and he enjoys playing with other dogs. |
Hi, my name is Blossom and I’m a two-year-old mix! I am a sweet girl looking for my forever home with a family with high school aged children or older! I enjoy meeting new people. I love to go for walks and would be happy to go exploring with a new best friend. I love to play and being petted! |
Friends of the Longmont Library Book Sale, March 16 – 19, Longmont Public Library
Donated books will be sold to raise funds for the Longmont Public Library.
Cultural Cul-de-sac: Coffee with Muslims, March 23, 5 – 8 pm, Boulder Museum of Contemporary Art
Coffee with Muslims is a casual get together with your Muslim neighbors. The event allows for conversation, but also provides an opportunity to ask uncomfortable and meaningful questions in a civilized manner. The main focus is to get to know one’s neighbors on either side of the spectrum.
Denver March Powwow March 24-26, 10 am, Denver Coliseum
Since 1984, the heritage of American Indians has been celebrated in Denver every year at the Denver March Powwow, one of the largest events of its kind in the country. The Powwow features more than 1,600 dancers from close to 100 tribes from 38 states and three Canadian provinces. The three-day event in the Denver Coliseum is packed with singing, dancing, storytelling, food, art and more, ensuring a wonderful experience for everyone.
Interweave Yarn Fest, March 30 – April 2, 10 am – 6 pm, $5, Embassy Suites Loveland
Immerse yourself in the world of specialty fiber and expand your technical abilities at Interweave Yarn Fest—a celebration of the fiber arts. Enjoy a bustling marketplace, dozens of expert-taught workshops, and the company of other yarn enthusiasts! The Marketplace will be stocked with knitting, weaving, crochet and spinning supplies dozens of vendors.
Boulder Arts Week, March 31 – April 8
Boulder Arts Week is Boulder’s only large-scale, inclusive celebration of our community’s vibrant arts and cultural offerings. This citywide event highlights Boulder’s distinguished arts and cultural programming and includes art walks, First Friday, exhibitions, performances, dance, music, theatre, artist demonstrations, lectures, readings, workshops, and symposia.
Boulder County Farmer’s Market Opening Day, April 1, Boulder – 13th Street & Longmont, Boulder County Fairgrounds
We are a nonprofit organization operating producer-only farmers markets in Colorado since 1987. Our mission is to support, promote and expand local agriculture, making fresh products accessible to our community and strengthening relationships between local food producers and food consumers.
Colorado National Speedway Season Opener, April 1, 5:30 pm, Dacono
On April 1st the green flag drops on the 52nd season at Colorado National Speedway. Along with the Super Late Models the Grand American Modifieds, Super Stocks, and the Figure 8s will thrill the fans and launch a brand new year at CNS.
Tulip Fairy & Elf Festival, April 2, 1 – 5 pm, Boulder
Spring officially arrives in Downtown Boulder when the vibrant Tulip Fairy, along with pint-sized fairies and elves, parade around the Pearl Street Mall ‘welcoming the tulips’.
