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 $184. We had been discussing the effect that the election had on prices through those months and now we can see that the Buyers are back with the spring time.
It’s interesting to note that the market through the fall months was at 0.98, meaning it would take less than one month for market demand to absorb all inventory if market conditions stayed the same and no more inventory came to the market. Since the beginning of the year the absorption rate has dipped a bit to 0.8 months of inventory, which is very similar but shows the increased demand (like the price per square foot) but in a different format.
For specific details about what your home is worth in this market, please contact me directly at 720-465-7005 or email me using the contact form on this page. Even if you are not thinking of selling for a year or two but would appreciate a market snapshot specific to your home, I’m available with no obligation. Looking forward to your call!
March 2017 HOMES SOLD
Single Family Homes
|Type||Price||SqFt||Address||$ per SqFt||% SALES to LIST||Days On Market||Days Till Contract||Beds Bath||Community|
|RES||$504,000||1883||518 Hoyt Ln||$268||104%||6||6||4/4||Indian Peaks South|
|RES||$505,000||2170||573 Hoyt Ln||$233||98%||9||9||4/4||Indian Peaks|
|RES||$530,000||2365||2310 Waneka Lake Trl||$224||93%||38||16||4/4||Indian Peaks Waneka|
|RES||$539,900||2796||339 Lodgewood Pt||$193||100%||53||2||3/3||Indian Peaks East Village Green|
|RES||$645,000||2949||2954 Shoshone Trl||$219||103%||63||6||4/4||Indian Peaks West|
|RES||$561,000||3004||133 High Country Trl||$187||99%||50||7||3/4||Indian Peaks Waneka|
|RES||$920,000||4477||769 Snowbird Ln||$205||101%||32||2||6/5||Indian Peaks East Eagle Nest|
Now Under Contract
|RES||$1,150,000||5582||2086 Navajo Trl||6/6||Indian Peaks East|
|RES||$1,297,000||5904||1284 Lost Creek Ln||6/6||Indian Peaks East|
|RES||$1,390,000||6526||789 Niwot Ridge Ln||4/5||Indian Peaks East|
|RES||$815,000||3884||793 Snowbird Ln||3/3||Indian Peaks East Eagle Nest|
|RES||$639,000||2627||2725 Meadow Mountain Trl||4/4||Indian Peaks West|
|RES||$1,500,000||6980||2424 Bitterroot Cir||6/6||Indian Peaks East|
|RES||$865,000||4306||543 Sawtooth Pt||6/4||Indian Peaks East|
|RES||$1,150,000||5516||2431 Targhee Pt||5/6||Indian Peaks East|
|RES||$1,250,000||6460||794 Niwot Ridge Ln||5/5||Indian Peaks East|
|RES||$629,000||3332||2561 Lexington St||4/4||Indian Peaks East Lexington|
|RES||$544,900||2512||170 High Country Dr||5/4||Indian Peaks Waneka|
|RES||$1,149,000||4673||2829 Shoshone Trl||6/4||Indian Peaks West Custom|
|RES||$1,370,000||5353||2854 Shoshone Trl||5/5||Indian Peaks West Custom|
|RES||$1,000,000||5707||2830 Shoshone Trl||6/5||Indian Peaks West Custom|
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.