For Boulder Real Estate Market Statistics April 2015, new listings were down 5.4 percent for single family homes and 9.4 percent for townhouse-condo properties. Pending sales clocked in at 1,308 for single family homes and 329 for townhouse-condo properties.[ms-protect-content]
The Median Sales Price was up in the Boulder Real Estate Market for April by 11.9 percent to $310,000 for single family homes and 25.7 percent to $237,000 for townhouse-condo properties. Days on Market decreased 17.3 percent for single family homes and 6.6 percent for condo properties.
The national homeownership percentage is the lowest since 1993, when Jurassic Park was the highest-grossing movie. Rental prices continue to astonish with accelerated price growth, which may cause some to think twice before locking in a 12-month lease. Lending practices and mortgage rates will also have a decided effect on the number of buyers who will become homeowners this year. With the release of Jurassic World this month, we are reminded of cyclical conversations in both real estate and moviemaking.
Download the full Boulder Real Estate Market Statistical Report for April 2015