Home Price Appreciation in Louisville, CO

According to the latest S&P/Shiller Home Price Index, single family home sales rose again in August, posting the strongest gain in more than seven years, prices were up 12.8% over last year. But remember, the #1 rule of  real estate is location, location, location and in our area, we are seeing just how local the real estate market can be. Price trends are hyperlocal, changing with the neighborhood or subdivision. Let me know if you're interested in a CMA (comparative market analysis) of your neighborhood.

Home Sales Report for Louisville, Colorado

Third Quarter 2013 Sales Report for Louisville, CO through the end of September, compared to the third quarter 2012.

Home Sales:        Total Sold            Average Price Increase                   Average Price

                              +6.8%                   +10.2%                                               493,720

Condo/                +46.7%                 +21%                                                  241,985

Townhomes                                                    

And there are buyers out there so let me know if you have plans to sell!

Schools in Louisville, CO

One of the things people love about Louisville are the schools. All have strong test scores and much more, including a strong community that is behind them 100%. Check out this link for a great website review on public schools, www.publicschoolreview.com.

Friday Night Street Fair in Louisville

If you missed this past Friday's Street Fair in Louisville, you missed out on the surprise guests, introduced by Chris Daniels, Big Head Todd was there as well as Freddie Henchie. They rocked the place until about 9:30. I was at my brother's ranch on the North Platte, close to Walden. The fishing was great but had I known who would be in Louisville, the fish would have had to wait.Check out the Louisville Street Fair.

Louisville Shows Strong Price Gains

Figures recently released show all area in Boulder County have increased in price from the end of May, 2012 to the end of May 2013. The city of Louisville shows the greatest price increase with the medium sales price up 27.3% while inventory is down 10% and days to closing are down 33%. If you're looking for a great time to sell, this could be it! 

3 Steps to Sell Your House in a Week

3 Steps to Sell Your House in a Week

                1) Price it right. Factors to consider include location, condition, updating, schools, proximity to amenities and knowing the market. Price it over the market and it is likely to languish, price it right and you will have several offers and very likely sell it at above the list price.

                 2) Prepare your house for sale. This includes taking care of deferred maintenance issues, cleaning, painting, organizing and staging. To be really proactive, have your home pre inspected. It’s always cheaper to take care of a problem before it is identified as an inspection issue.

                  3)  Choose your buyer carefully. Your goal isn’t to get offers, it’s to sell your house. Make sure you have a buyer who is not only pre-qualified but committed to buying your house and will hang in there through a long, sometimes difficult process.

And you will be rewarded by having an excited buyer, who will show up at closing with the funds and be ready to love your house as you have!

Louisville, CO: New Market Reality

We are now in a new market reality, according to the widely followed and respected KCM blog. On a local level, nothing brought this home more clearly than my latest listing in Louisville, Colorado. The inventory in Louisville is very limited, as it is throughout much of Boulder County. The home I listed is a well maintained and upated, 3 bed, 3 bath 2 story in a nice neighorhood. It went under contract the day showings started with multiple offers, for over list price. There are as many challenges in this kind of market as in a buyers market, they are just different from what we have become used to. Check out my next blog for what to watch out for, whether you are a buyer or seller. And check here for homes for sale in Louisville, CO.

Louisville, Colorado Housing Market

There are currently 45 single family homes on the market in Louisville, Colorado at all price points. They range between $190K for a 888’ bungalow at the low end to $925K for a 4 bed, 4 bath home at the high end. There is one vacant lot that just came on the market for $349K. Of the 45 homes, 21 are under contract so that leaves 25 homes that are available. Stay tuned if you’re looking for a roomy, well maintained home in a great location for under $450K. There will be a new one on the market in a week or click here to search for homes.