NEWL ANDS
PorchLight Real Estate Group 2500 Broadway Boulder, CO 80304 Each Office Independently Owned and Operated.
NEIGHBORHOOD February 2021 Real Estate Market Report
303.748.3336
kimhullett@porchlightgroup.com
REALTOR®, Broker | PorchLight Real Estate Group
6
QUESTIONS TO ASK YOUR REALTOR ®
1
Does your listing agent stage your vacant home at no cost to you?
2
Does your listing agent arrange a deep clean prior to listing photos and/or move out clean at no cost to you?
3
Does your listing agent provide a staging consult for a vacant home to determine the best furniture, art, and accessories to optimize your listing photography?
4
Does your listing agent provide a staging consult for an occupied home to determine how to re-arrange and declutter your own home to optimize listing photography?
5
Does your listing agent work for a brokerage that is a member of Luxury Portfolio International, the membership-only marketing division of LeadingRE, that will expand your home’s reach to 550+ independent brokerages worldwide?
6
Does your agent create a high-quality, showing video with neighborhood drone footage to attract out of state buyers? See it here: https://www.youtube.com/watch?v=LoWzXtVeGLY
JUST SOLD! 2827 11TH STREET SEE INSIDE FOR DETAILS
PREPARED ESPECIALLY FOR
Homeowners
PRESENTED BY KIM HULLETT YOUR NEWL ANDS NEIGHBORHOOD REALTOR ®
&
NEIGHBOR
www.NewlandsNeighborhoodHomes.com
You and your home deserve an agent who will represent you with expertise and proven techniques. Call Kim today at 303.748.3336 to discuss how her selling strategy will help you succeed in your next move.
ATTN:
NEWLAND HOMEOWNERS
I HAVE BUYERS! If you are thinking about selling, call Kim today to get the conversation started.
303.748.3336
NEWLANDS MARKET REPORT
FEBRUARY 2021
Newlands Homes Currently Listed Status Active Active Active Active Active Active
kimhullett@porchlightgroup.com
Street Name Broadway Street Kalmia Avenue 10th Street Juniper Avenue Grape Lane Juniper Avenue
Beds 3 3 6 5 6 5
Baths 3 5 6 5 6 6
Approximate Sq. Ft.* 1,700 3,700 4,200 5,400 7,000 5,200
Year Built 1997 1971 2020 1993 1992 2020
List Price $895,000 $2,490,000 $3,790,000 $4,850,000 $4,850,000 $4,995,000
There are five homes currently taking back-up offers and three homes pending in Newlands. For more information on any of these listings, please call Kim today at 303.748.3336.
2021 HOUSING FORECAST
+7.0% Home sales are going up
Strong demand and more homes hitting the market equal a healthy rate of growth.
+5.7% Home prices will hit new heights
65.9%
Homeownership Rate
MORTGAGE RATES ON THE MOVE
THE RISE OF THE MILLENNIALS
by end of 2021
No longer just dominating the entry-level market, millennials are now taking over as “move up” buyers as they have children and need more space.
3.4%
MILLENNIALS AND GEN-Z
A recent survey said that lower mortgage rates enabled these buyers to change their home search toward a larger home.
REMOTE WORK
Despite high expectations of returning to the office, remote workers are choosing properties with dedicated office space.
Newlands Homes Sold Since October 1st, 2020 Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
Address 2826 11th Street 3090 5th Street 3119 9th Street 2736 3rd Street 2944 3rd Street 3033 3rd Street 540 Iris Avenue 3054 10th Street 3103 Broadway Street 3355 4th Street 3172 11th Street 3077 4th Street 3244 6th Street 605 Alpine Avenue 3136 9th Street 865 Kalmia Avenue 3122 10th Street 510 Juniper Avenue
Homeowners, Homes in the Newlands are in high demand! If you are considering a move, call me today at 303.748.3336 to take advantage of these new trends. Published by Danielle Hale, Realtor.com on December 2nd, 2020
Baths 3 4 3 3 N/A 1 2 3 3 6 5 4 2 2 4 4 3 7
Approximate Sq. Ft.* 3,400 4,100 4,400 4,200 N/A 1,400 2,400 2,400 2,700 5,400 3,100 5,000 1,300 2,000 3,300 4,200 2,100 7,300
List Price $1,395,000 $2,750,000 $2,000,000 $2,600,000 $2,550,000 $1,550,000 $1,495,000 $1,499,990 $815,000 $4,900,000 $2,175,000 $3,000,000 $939,000 $1,250,000 $2,075,000 $2,350,000 $1,479,900 $6,200,000
Sold Price $1,400,000 $2,640,000 $2,000,000 $2,450,000 $2,475,000 $1,500,000 $1,480,000 $1,507,400 $774,000 $4,594,169 $2,124,250 $2,925,000 $918,000 $1,225,000 $1,988,000 $2,335,000 $1,386,600 $6,200,000
Sold Date 02/08/21 02/01/21 01/23/21 01/13/21 12/11/20 12/10/20 12/04/20 11/25/20 11/16/20 11/13/20 11/06/20 10/30/20 10/29/20 10/28/20 10/26/20 10/26/20 10/16/20 10/09/20
Days on Market 34 95 1 64 37 49 35 3 69 139 27 15 46 41 124 5 38 74
Kim Hullett and PorchLight Realty are not in any way affiliated with Newlands Owners Association, nor is this in any way an official advertisement or publication of Newlands. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MLS between October 1st, 2020 and February 10th, 2021. Listings and sales may not be those of PorchLight Realty. The IRES MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Approximate square feet has been rounded to the nearest hundred. For full details call Kim today at 303.748.3336.
SUBURBAN MIGRATION
Home shoppers are looking for an affordable space to shelter, work, learn, and live and are reporting increases in willingness to have a commute to work.
Beds 4 5 4 4 N/A 2 4 3 5 6 4 4 2 4 4 5 4 5
S O L D!
SOLD for OVER ASKING at $1.4M with multiple offers! 2826 11th Street
4 Beds, 3 Baths | 3,392 Est. Sq. Ft.