Indian Peaks March 2017 Real Estate Update

This month throughout Indian Peaks we have seen the average price jump due to a higher priced sale in Eagle’s Nest. The median price is hovering around $569,000 which is a 5% increase since the beginning of the year.

For the past two months the average price per square foot has been at $225 in February and $218 in March. This is very strong compared to the dip that was taken throughout the fall and winter months when from July through December the average was only $184. We had been discussing the effect that the election had on prices through those months and now we can see that the Buyers are back with the spring time.

It’s interesting to note that the market through the fall months was at 0.98, meaning it would take less than one month for market demand to absorb all inventory if market conditions stayed the same and no more inventory came to the market. Since the beginning of the year the absorption rate has dipped a bit to 0.8 months of inventory, which is very similar but shows the increased demand (like the price per square foot) but in a different format.

For specific details about what your home is worth in this market, please contact me directly at 720-465-7005 or email me using the contact form on this page. Even if you are not thinking of selling for a year or two but would appreciate a market snapshot specific to your home, I’m available with no obligation. Looking forward to your call!

Leanne

March 2017 HOMES SOLD

Single Family Homes

TypePriceSqFtAddress$ per SqFt% SALES to LISTDays On MarketDays Till ContractBeds BathCommunity
RES$504,0001883518 Hoyt Ln$268104%664/4Indian Peaks South
RES$505,0002170573 Hoyt Ln$23398%994/4Indian Peaks
RES$530,00023652310 Waneka Lake Trl$22493%38164/4Indian Peaks Waneka
RES$539,9002796339 Lodgewood Pt$193100%5323/3Indian Peaks East Village Green
RES$645,00029492954 Shoshone Trl$219103%6364/4Indian Peaks West
RES$561,0003004133 High Country Trl$18799%5073/4Indian Peaks Waneka
RES$920,0004477769 Snowbird Ln$205101%3226/5Indian Peaks East Eagle Nest
AVERAGE$600,700  $218100%367  

Now Under Contract 

TypePriceSqFtAddressBeds/ BathCommunity
RES$1,150,00055822086 Navajo Trl6/6Indian Peaks East
RES$1,297,00059041284 Lost Creek Ln6/6Indian Peaks East
RES$1,390,0006526789 Niwot Ridge Ln4/5Indian Peaks East
RES$815,0003884793 Snowbird Ln3/3Indian Peaks East Eagle Nest
RES$639,00026272725 Meadow Mountain Trl4/4Indian Peaks West
RES$1,500,00069802424 Bitterroot Cir6/6Indian Peaks East

Now Active

TypePriceSqFtAddressBeds/ BathCommunity
RES$865,0004306543 Sawtooth Pt6/4Indian Peaks East
RES$1,150,00055162431 Targhee Pt5/6Indian Peaks East
RES$1,250,0006460794 Niwot Ridge Ln5/5Indian Peaks East
RES$629,00033322561 Lexington St4/4Indian Peaks East Lexington
RES$544,9002512170 High Country Dr5/4Indian Peaks Waneka
RES$1,149,00046732829 Shoshone Trl6/4Indian Peaks West Custom
RES$1,370,00053532854 Shoshone Trl5/5Indian Peaks West Custom
RES$1,000,00057072830 Shoshone Trl6/5Indian Peaks West Custom
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Leanne Goff

Click to learn about Leanne Goff. She has been a Boulder County REALTOR since 2007. Her priority is to help Sellers achieve the highest return on their investments in a timely manner.  

Contact Leanne Goff

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Indian Peaks Neighborhood Lafayette

The Indian Peaks Neighborhood of Lafayette CO is known for being one of the exclusive communities to live in throughout Boulder County. Click to read more. 
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