As of the end of November sales in all of Boulder County across all price ranges were up roughly 10%. This represents positive improvement and a second straight year of gains. However, that isn’t the entire story. In this post I’m going to dissect the numbers a bit and let you know where the most improvement has been seen. Keep in mind that I’m writing this in mid December and they are not year end numbers.
Boulder County has had an especially broad range of sales prices this year. Prices have ranged from $40,000 to over $6,000,000. During the recession years the luxury price range was especially hard hit. In 2007 there were 215 sales over $1,000,000 in the county. In 2010 that number had fallen 38% to 133 homes sold. So far in 2013 there have been 234 sales, a record number of sales in the luxury sector.
Sales in the $1,000,000 to $1,500,000 Price Range
2011= 86 2012= 124 2013= 153
Of the 234 total luxury sales, 153 were homes that sold between $1 and $1.5 million. This represents a 23% increase from the number sold last year.
Sales in the $1,500,000 to $2,000,000 Price Range
2011= 30 2012= 31 2013= 42
The 42 sales between $1.5 and $2 million represented a 35% increase from last year.
Boulder County Sales above $2,000,000
2011= 20 2012= 20 2013= 39
This sector showed the largest improvement, a 95% increase from 2012.
The chart below shows the change in luxury sales over the past three years. The purple bar shows the total sales per year over $1 million.
If you are looking for more information on this subject you may be interested in this article that ran yesterday in the Daily Camera http://www.dailycamera.com/boulder-business/ci_24720222/luxury-home-sales-boom-boulder-county-Colorado
