LIV MICROMARKET REPORT. BOULDER Year-End 2015 COLORADOMICROREPORTS.COM

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1 LIV MICROMARKET REPORT BOULDER Year-End 2015 COLORADOMICROREPORTS.COM

BOULDER COUNTY NEIGHBORHOODS 12 11 14 13 6 10 5 15 2 1 3 4 16 17 18 9 8 7 1. Central Boulder & Historic District 2. Downtown 3. University Hill & Chautauqua 4. South Boulder 5.

2 BOULDER COUNTY NEIGHBORHOODS Central Boulder & Historic District 2. Downtown 3. University Hill & Chautauqua 4. South Boulder 5. East Boulder & Gunbarrel 6. North Boulder 7. Louisville 8. Superior 9. Lafayette 10. Erie 11. Longmont 12. Lyons 13. Eastern Boulder County Plains 14. Foothills Communities 15. Mountain & Canyon Communities 16. Broomfield 17. Westminster 18. Arvada North Denver Metro Market

BOULDER AREA The Boulder Area Micro Market Report (MMR), prepared by LIV Sotheby s International Realty, compares 2015 year-end statistics (January through December), to that of 2014, for single

In the City of Boulder, the average price rose 15.5% for single family homes and attached dwellings, resulting in an average price of $673,789. New listings are down 3.4% in the county and down 8.

3 BOULDER AREA The Boulder Area Micro Market Report (MMR), prepared by LIV Sotheby s International Realty, compares 2015 year-end statistics (January through December), to that of 2014, for single family homes and attached dwellings. The average sales price of single family and attached dwellings combined rose 11.8% in Boulder County, resulting in an average price of $505,991. In the City of Boulder, the average price rose 15.5% for single family homes and attached dwellings, resulting in an average price of $673,789. New listings are down 3.4% in the county and down 8.8% in the city. At the same time, the number of properties sold has increased 5.6% in the county and 1.8% in the city, meaning inventory has dropped substantially. As a result of this strong demand and limited supply, we are continuing to see upward pressure on prices, less time on the market, and higher sell price/list price ratios nearly across the board. We are in the midst of a very competitive and fast-moving market, with many positive economic variables that indicate there will be continued strong demand. Boulder and its surrounding communities are consistently rated as the best places to live in America, and with near 100% employment, Boulder real estate is sought after for both lifestyle and investment reasons. Buyers are frequently frustrated by missed opportunities resulting from the prevalence of competitive bidding situations. The hottest neighborhoods leading in terms of dollars per square foot are located in the core of Boulder the Historic District, Downtown, and University Hill. Nearly all of the cities of the eastern Boulder County plains are also appreciating quickly, with average price increases of at least 10%. January-December Highlights: Louisville s average price is $515,789 up 9.2% Foothills Communities of Boulder County s average price is $758,887 up 16.0% University Hill s average price is $1,073,049 up 21.3% Central Boulder and Historic District s average price is $1,147,700 up 8.9% 4,914 homes sold for an average of $505,991 or, $2,486,440,112 total dollar volume sold. BOULDER COUNTY All Properties New Listings 6,213 6, % Sold Listings (All Properties) 4,653 4, % Sold Single Family 3,252 3, % Sold Condo 1,401 1, % Average Days on Market % Average Price $452,649 $505, % % Sold Price to List Price 98% 100% 2.0% Total Sold Sales Volume $2,106,175,856 $2,486,440, %

4 CITY OF BOULDER BOULDER MARKET MARKETS BY AREA All Properties New Listings 2,448 2, % Sold Listings (All Properties) 1,791 1, % Sold Single Family 974 1, % Sold Condo % Average Days on Market % Average Price $583,399 $673, % % Sold Price to List Price 98% 99% 1.0% CENTRAL BOULDER & HISTORIC DISTRICT Mapleton Hill, Whittier, Newlands, Green Meadows, Sunset Hill, Panorama Heights Average Price $1,053,951 $1,147, % Single Family Average Days on Market % Highest Price $3,300,000 $5,050, % Properties Sold % % Sold Price to List Price 97% 98% 1.0% DOWNTOWN BOULDER Average Price $522,535 $581, % Average Days on Market % Highest Price $5,300,000 $3,750, % Properties Sold % % Sold Price to List Price 97% 100% 3.1% UNIVERSITY HILL & CHAUTAUQUA Floral Park, Geneva Park, Bellevue, Rose Hill, Columbine, Interurban Park Average Price $884,340 $1,073, % Average Days on Market % Highest Price $2,830,000 $3,350, % Properties Sold % % Sold Price to List Price 97% 98% 1.0%

BOULDER MARKET MARKETS BY AREA SOUTH BOULDER Devil s Thumb, Table Mesa, Highland Park, Shanahan Ridge, Martin Acres, Frasier Meadows, Keewaydin Meadows Average Price $502,104 $573,132 14.

5 BOULDER MARKET MARKETS BY AREA SOUTH BOULDER Devil s Thumb, Table Mesa, Highland Park, Shanahan Ridge, Martin Acres, Frasier Meadows, Keewaydin Meadows Average Price $502,104 $573, % Average Days on Market % Highest Price $1,770,000 $3,489, % Properties Sold % % Sold Price to List Price 99% 101% 2.0% EAST BOULDER & GUNBARREL Four Mile Creek, Noble Park, Palo Park, Orange Orchard, Boulder Country Club, Country Club Estates Average Price $426,642 $466, % Average Days on Market % Highest Price $2,200,000 $2,400, % Properties Sold % % Sold Price to List Price 99% 101% 2.0% NORTH BOULDER Wonderland Hill, Dakota Ridge, Northfield, Carolyn Heights, Melody Heights, McKay s Orchard, Moores Average Price $582,090 $729, % Average Days on Market % Highest Price $2,814,400 $4,495, % Properties Sold % % Sold Price to List Price 98% 100% 2.0%

BOULDER MARKET MARKETS BY AREA CITY OF LOUISVILLE Average Price $472,520 $515,789 9.2% Average Days on Market 51 48-5.9% Highest Price $1,375,000 $1,408,000 2.4% Properties Sold 243 260 7.

6 BOULDER MARKET MARKETS BY AREA CITY OF LOUISVILLE Average Price $472,520 $515, % Average Days on Market % Highest Price $1,375,000 $1,408, % Properties Sold % % Sold Price to List Price 100% 100% 0.0% CITY OF SUPERIOR Average Price $435,016 $505, % Average Days on Market % Highest Price $838,099 $1,142, % Properties Sold % % Sold Price to List Price 99% 102% 3.0% CITY OF LAFAYETTE Average Price $371,352 $416, % Average Days on Market % Highest Price $2,100,000 $1,423, % Properties Sold % % Sold Price to List Price 100% 102% 2.0%

BOULDER MARKET MARKETS BY AREA CITY OF ERIE AND SOUTHWEST WELD COUNTY Frederick, Firestone, Dacono Average Price $327,736 $363,364 10.9% Average Days on Market 71 73 2.

7 BOULDER MARKET MARKETS BY AREA CITY OF ERIE AND SOUTHWEST WELD COUNTY Frederick, Firestone, Dacono Average Price $327,736 $363, % Average Days on Market % Highest Price $1,137,673 $1,495, % Properties Sold 998 1, % % Sold Price to List Price 99% 100% 1.0% CITY OF LONGMONT Average Price $287,847 $323, % Average Days on Market % Highest Price $1,430,000 $1,085, % Properties Sold 1,371 1, % % Sold Price to List Price 99% 101% 2.0% CITY OF LYONS Average Price $448,506 $516, % Average Days on Market % Highest Price $760,000 $770, % Properties Sold % % Sold Price to List Price 98% 98% 0.0%

BOULDER MARKET MARKETS BY AREA EASTERN BOULDER COUNTY PLAINS Niwot, Hygiene, Sommerset Estates, White Hawk Ranch, Fairview Estates, Paragon Estates, Spanish Hills Average Price $631,060 $652,264 3.

8 BOULDER MARKET MARKETS BY AREA EASTERN BOULDER COUNTY PLAINS Niwot, Hygiene, Sommerset Estates, White Hawk Ranch, Fairview Estates, Paragon Estates, Spanish Hills Average Price $631,060 $652, % Average Days on Market % Highest Price $3,350,000 $3,050, % Properties Sold % % Sold Price to List Price 97% 98% 1.0% FOOTHILLS COMMUNITIES Pinebrook Hills, Boulder Heights, Lake of the Pines, Jamestown, Eldorado Springs Average Price $677,661 $785, % Single Family Average Days on Market % Highest Price $4,000,000 $6,300, % Properties Sold % % Sold Price to List Price 95% 96% 1.1% MOUNTAIN & CANYON COMMUNITIES Nederland, Allenspark, Coal Creek Canyon, Golden Gate Canyon, Gilpin & Jefferson County Average Price $350,072 $349, % Single Family Average Days on Market % Highest Price $2,650,000 $887, % Properties Sold % % Sold Price to List Price 96% 98% 2.1%

NORTH DENVER METRO MARKET MARKETS BY AREA CITY OF BROOMFIELD Average Price $381,624 $424,581 11.3% Average Days on Market 60 46-23.3% Highest Price $2,550,000 $2,585,103 1.

9 NORTH DENVER METRO MARKET MARKETS BY AREA CITY OF BROOMFIELD Average Price $381,624 $424, % Average Days on Market % Highest Price $2,550,000 $2,585, % Properties Sold % % Sold Price to List Price 99% 99% 0.0% CITY OF WESTMINSTER Average Price $404,730 $483, % Single Family Average Days on Market % Highest Price $1,750,000 $1,429, % Properties Sold % % Sold Price to List Price 99% 99% 0.0% CITY OF ARVADA Average Price $322,884 $360, % Single Family Average Days on Market % Highest Price $708,500 $1,200, % Properties Sold % % Sold Price to List Price 99.0% 100.0% 1.0%

10 COLORADO LUXURY REAL ESTATE EXPERTS BOULDER 1050 Walnut Street Boulder, CO CASTLE PINES 858 W. Happy Canyon Road, Suite 100 Castle Rock, CO CHERRY CREEK (St. Paul) 100 Saint Paul Street, Suite 200 Denver, CO CHERRY CREEK (Clayton) 255 Clayton Street, Unit 100 North Denver, CO DENVER TECH CENTER 8000 E. Belleview Avenue, Suite 200 Greenwood Village, CO DOWNTOWN DENVER 1512 Larimer Street, #46R Denver, CO EVERGREEN Castle Court, #1 South Evergreen, CO BRECKENRIDGE 101 South Main Street Breckenridge, CO VAIL 292 E. Meadow Drive, Suite 101 Vail, CO BEAVER CREEK 26 Avondale Lane, #119 Beaver Creek, CO EDWARDS Highway 6, #2A Edwards, CO LIV Sotheby s International Realty Locations 36 BOULDER COUNTY BOULDER CASTLE PINES VILLAGE CHERRY CREEK DOWNTOWN DENVER EVERGREEN GREENWOOD VILLAGE BRECKENRIDGE VAIL VALLEY Boulder 25 DENVER VAIL VALLEY 70 Downtown Denver Cherry Creek Edwards Beaver Creek Vail SUMMIT COUNTY Breckenridge Evergreen Denver Tech Center 285 Castle Pines

11 The life you love. coloradomicroreports.com livsothebysrealty.com

LIV MICROMARKET REPORT. BOULDER January-September 2015 COLORADOMICROREPORTS.COM

LIV MICROMARKET REPORT. BOULDER January-September 2015 COLORADOMICROREPORTS.COM LIV MICROMARKET REPORT BOULDER January-September COLORADOMICROREPORTS.COM BOULDER COUNTY NEIGHBORHOODS 11 12 14 13 10 6 5 15 2 1 3 9 4 16 17 18 8 7 1. Central Boulder & Historic District 7. Louisville