Browsing Posts From: Longmont Market

The data is in for the first four months of 2016 and so far the market is good and needs more inventory…the average time on the market is up a little and the amount received in price relative to the asking price is down a little as well…the average or median price is up… Buyers continue to come into the market…however the programs for low down or no down are almost non existant and are hard to get accepted by a seller in this market…still there seems to be enough […]

According to Investopedia…and or countless other sources who claim credit for this synopsis…the indicators for a healthy Real Estate market…or any trading market that is include… 1. Pricing and Affordibility 2. Foreclosures 3. Payment delinquencies and underwater homeowners 4. Inventory 5. Investors 6. pending home sales So in our examination of how to create and or maintain a healthy local market lets take a look at these factors: Affordable price for the product…or in Real Estate how much do I have to spend in order to get the animal I […]

2130 Meadow CT Longmont CO 80504 3br 2 bath one car garage Townhouse Sold for $203,000

2130 Meadow Ct Longmont CO is under contract in two days….asking price is $193,000 >

2015 total number of sales average days on market median price % of asking price 1297 23 $307,000 100.20% 2014 total number of sales average days on market median price % of asking price 1100 30 $275,000 98.84% 2013 total number of sales average days on market median price % of asking price 1161 39 $275,000 98.40%

The total number of sales has now exceeded last year…we are at 1108 For the week 11-9-2015 to 11-16-2015 we saw a pretty active market for Longmont Residential sales…and results were going both directions….sales were high for the week exceeding the average for the year…the number of deals that fell out were high…and a high number of price reductions seem to be the trend…here are the results New Listings Under contracts Price reductions closed fell out 23 32 15 21 7