Boulder Condo For Sale market statistics

Boulder Condo for sale market statistics

August 2009

According to the leading third party showing service here are some numbers for the Boulder Condos for sale during the month of August.  I was researching this info for a potential client listing and thought others may find it useful as well.

Here are the statistics for August for the 80301 zip code in Boulder.

Average number of showings per week by price range:

$180k to $200k   average 5.8 per week
$200k to $220k   average 3.4 per week

For the entire Boulder condo real estate market in August the average DOM (Days on market) was 56 for condos.  There were 15 condos sold at an average price of $231,802.  This represented 97% of list price.

If we analyze this data bit, we see that, properly priced to sell, a condo should take 8 weeks to sell and have an acceptable offer submitted within the first 15 -20 showings (assuming 30-45 days to close). This is just part of the data I use to see if the marketing of a property is 'on track'.  But it does provide some useful overall information.

Please note, this information can be gathered for almost any residential property in the Denver metro area and should be used along with agent showing feedback data and web analytics to ensure that your property is being marketed correctly.