Blue Heron Estates Year to Year Market Recap
Happy New Year neighbors! In 2016, a total of 10 homes sold for an average price per square foot of $150. This is slightly higher than last year but is still not as high as our neighbors. Two homes were listed over $1 Million but neither home sold so we’re still unable to break that barrier. Scroll down for the averages.
| Address | SoldDate | SoldPrice | Bdrm | Baths | TotalSqFt | Price/Sqft TOTAL | % of asking | DOM |
| 2540 Blue Heron Cir W | 1/20/2016 | $855,000 | 4 | 5 | 6271 | $136.34 | 98% | 129 |
| 2548 Cowley Dr | 3/30/2016 | $864,000 | 5 | 4 | 5583 | $154.76 | 99% | 51 |
| 2537 Columbine Cir | 4/13/2016 | $750,000 | 4 | 4 | 4750 | $157.89 | 103% | 4 |
| 1745 Lois Ct | 4/4/2016 | $815,000 | 5 | 5 | 6495 | $125.48 | 97% | 34 |
| 2421 Ginny Way | 7/18/2016 | $865,000 | 5 | 5 | 5205 | $166.19 | 96% | 74 |
| 1779 Poppy Ct | 7/5/2016 | $855,000 | 5 | 5 | 6651 | $128.55 | 101% | 55 |
| 2412 Ginny Way | 9/30/2016 | $875,000 | 5 | 5 | 5426 | $161.26 | 100% | 136 |
| 2531 Columbine Cir | 7/26/2016 | $775,000 | 5 | 4 | 4246 | $182.52 | 100% | 15 |
| 2595 Ginny Way | 8/31/2016 | $770,000 | 5 | 4 | 5037 | $152.87 | 97% | 79 |
| 2523 Westward Dr | 10/18/2016 | $645,000 | 5 | 4 | 4568 | $141.20 | 98% | 71 |
| Average | $806,900 | 5423.2 | $150.71 | 99% | 64.8 |
Due to the continued strong market in Boulder County, listing agents in Blue Heron are raising home prices significantly. This has increased the average sale price by $41,000 and the price per square foot by $16. At the same time, the percent of asking price and days on market have remained consistent. However, compared with home sales in Louisville and Lafayette, Blue Heron is getting less per square foot than similar homes. I am entering my 3rd year of membership in the Blue Heron HOA and I believe our community is an amazing neighborhood. Scroll down for the averages.
| Address | SoldPrice | Bdrm | Bath | Total SqFt | Price/SqFt TOTAL | % of asking | DOM |
| 2548 Cowley Dr | $760,000.00 | 5 | 4 | 5557 | $136.76 | 101.33% | 46 |
| 1773 Rockies Ct | $755,000.00 | 4 | 4 | 4592 | $164.42 | 100.67% | 42 |
| 2528 Ginny Way | $842,500.00 | 6 | 5 | 5514 | $152.79 | 98.54% | 64 |
| 1777 Poppy CT | $800,000.00 | 5 | 4 | 6908 | $115.81 | 96.39% | 139 |
| 2436 Ginny Way | $647,500.00 | 4 | 3 | 4172 | $155.20 | 100.00% | 42 |
| 2537 Cowley Dr | $589,000.00 | 2 | 2 | 4112 | $143.24 | 98.33% | 25 |
| 2535 Blue Heron Cir W | $850,000.00 | 4 | 4 | 5074 | $167.52 | 97.81% | 78 |
| 2518 Westward Dr | $675,000.00 | 4 | 3 | 4611 | $146.39 | 100.00% | 62 |
| 2598 Ginny Way | $699,900.00 | 4 | 4 | 4208 | $166.33 | 100.00% | 42 |
| Average | $735,433.33 | 4972 | $149.83 | 99.23% | 60 |
Our neighborhood continues to be an extremely competitive seller’s market. With interest rates still in the 4% APR range (even for jumbo loans), we have many active buyers searching the limited home inventory. In 2013, 16 homes sold in Blue Heron but in 2014, only 7 homes sold. The average days on market dropped from 106 to an astonishing 62 with those homes collecting an average of 98.4% of asking price. Scroll down for the averages.
| Address | SoldDate | SoldPrice | Bdrm | Bath | TotalSqFt | Price/SqFt TOTAL | % of asking | DOM |
| 1777 Casey Ct | 5/2/2014 | $762,500.00 | 5 | 5 | 5257 | $145.04 | 98.40% | 7 |
| 2541 Ginny Way | 9/12/2014 | $745,000.00 | 4 | 3 | 6828 | $109.11 | 96.90% | 166 |
| 2505 Ginny Way | 6/30/2014 | $730,000.00 | 7 | 6 | 5402 | $135.14 | 97.30% | 18 |
| 2550 Dutch Ct | 7/28/2014 | $587,000.00 | 4 | 3 | 3802 | $154.39 | 100.00% | 24 |
| 2468 Ginny Way | 7/15/2014 | $642,500.00 | 5 | 5 | 5567 | $115.41 | 98.90% | 47 |
| 2413 Ginny Way | 10/16/2014 | $730,000.00 | 6 | 5 | 4780 | $152.72 | 97.40% | 112 |
| 1696 Avian Ct | 9/17/2014 | $585,000.00 | 3 | 3 | 4683 | $124.92 | 100.00% | 63 |
| Average | $699,500.00 | 5188 | $133.82 | 98.40% | 62 |
Happy New Year neighbors! This year has been proof that the real estate market is recovering. The amount of homes sold in Blue Heron increased from 8 in 2011 to 12 in 2012. While the sellers are still getting an average of 96% of their asking price, the amount they received for each square foot increased from $124 to $128. This increase may seem small but, that works out to be more than $18,000 increase in home sold price, on average per square foot. Scroll down for the averages.
| Address | SoldDate | SoldPrice | Bdrm | Bath | TotalSqFt | Price/SqFt TOTAL | % of asking | DOM |
| 1733 Peregrine Ct | 2/26/2013 | $649,200 | 4 | 4 | 4358 | $148.97 | 93.4% | 181 |
| 1745 Lois Ct | 4/2/2013 | $640,000 | 5 | 5 | 6495 | $98.54 | 92.8% | 198 |
| 2498 Ginny Way | 2/5/2013 | $700,000 | 6 | 5 | 5414 | $129.29 | 97.9% | 138 |
| 2559 Ginny Way | 2/22/2013 | $665,000 | 5 | 5 | 5174 | $128.53 | 98.5% | 141 |
| 2396 Ginny Way | 3/28/2013 | $895,000 | 4 | 5 | 5408 | $165.50 | 96.8% | 22 |
| 2555 Ginny Way | 5/24/2013 | $667,000 | 6 | 4 | 5496 | $121.36 | 97.4% | 99 |
| 2580 Blue Heron Cir | 4/26/2013 | $550,000 | 4 | 4 | 4129 | $133.20 | 97.3% | 1 |
| 2507 Westward Dr | 6/4/2013 | $582,000 | 3 | 3 | 4696 | $123.94 | 98.8% | 62 |
| 2436 Ginny Way | 6/14/2013 | $570,000 | 4 | 3 | 4172 | $136.63 | 100.2% | 64 |
| 1737 Peregrine Ct | 5/31/2013 | $625,000 | 4 | 3 | 3864 | $161.75 | 100.0% | 50 |
| 1763 Rockies Ct | 6/19/2013 | $710,000 | 5 | 4 | 4880 | $145.49 | 98.6% | 57 |
| 2520 Cowley Dr | 7/2/2013 | $570,000 | 4 | 4 | 3383 | $168.49 | 95.2% | 419 |
| 1775 Rockies Ct | 7/17/2013 | $710,000 | 5 | 5 | 4794 | $148.10 | 98.6% | 28 |
| 2523 Westward Dr | 11/12/2013 | $564,000 | 4 | 3 | 4568 | $123.47 | 97.4% | 159 |
| 2495 Blue Heron Cir | 8/12/2013 | $952,500 | 6 | 6 | 4882 | $195.10 | 96.3% | 21 |
| 2586 Ginny Way | 10/4/2013 | $595,400 | 5 | 4 | 4924 | $120.92 | 99.2% | 55 |
| Average | $665,319 | 4789 | $140.58 | 97.4% | 106 |
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