How is the spring real estate market in Boulder, anything interesting? trends?

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In a blink of an eye, the market went from a buyer's market to a seller's market. Prices have surged upward with most properties receiving multiple and above-asking price offers. Buyers need to be prepared to put their best foot forward and present not just a strong financial case, but also a compelling story to beat out the competition (win). While we hope the market will stabilize sooner rather than later, it would be surprising if prices didn't continue to rise for awhile.

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The opinions expressed here are those of the individual and not those of StreetAdvisor.

HeatherS I didn't realize the market was up so much:) Thats good news

2yrs+

HeatherS Yes, thanks to you all for this great discussion!

2yrs+

HeatherS I have been contemplating purchasing a condo/home in Boulder but could only come up with about $30,000 to put down as that 20%, that gives a $150,000 budget and need a nice 2 bedroom 2 bath. Any real options for me?

2yrs+

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Evie Cohen PRO 2yrs+

This question makes me chuckle. I don't know where you are, HeatherS, but the answer is that it is VERY interesting and wild. One word I have is that it is a 'frenzy' -- at least for the whole Boulder County and especially the lower priced homes. We still have record low inventory, and now there are multiple offers on homes even in the first couple days. The competition is raising the prices, often above list price. Yet today I've heard two cases where the Appraisers did not support the contract price, so maybe the prices won't increase quite as fast as it has been appearing in the last month. They are certain to rise, it's only the pace which we question. There would be more houses on the market, but it's a Cache-22 where some would-be Sellers are afraid to list because they are afraid they won't find the replacement home. We all need to be creative about helping Sellers with this transition "challenge"

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