SINGLE FAMILY HOME SALES FROM JANUARY 2000 THROUGH

DECEMBER 2010
IN BOULDER, LOUISVILLE, LAFAYETTE, LONGMONT, AND THE
MOUNTAINS OF BOULDER COUNTY

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
BOULDER 936 810 841 960 1031 999 982 937 755 564 194
LOUISVILLE 309 273 293 318 305 324 272 248 207 203 60
LAFAYETTE 408 373 364 405 373 404 499 524 407 360 1
LONGMONT 1542 1367 1330 1309 1390 1380 1227 1118 1032 897 1
BOULDER MOUNTAINS 94 74 65 79 91 75 70 68 72 48 58

MYRIAM JOHNSON Number of homes sold

Realtor®, EcoBroker® 2000
303-204-4100 Cell
myriamkj@mac.com
www.yourhomeinboulder.com
1500
www.boulderupdates.com

1000

500

0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

BOULDER LOUISVILLE LAFAYETTE

LONGMONT BOULDER MOUNTAINS

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
BOULDER 435,597 480,430 482,454 479,924 536,245 609,838 637,172 662,222 655,385 647,751 659,961
LOUISVILLE 291,662 316,699 364,980 322,091 352,142 353,061 362,018 392,014 399,486 399,741 476,383
LAFAYETTE 326,809 309,722 338,097 351,119 348,002 386,498 432,208 423,766 341,698 361,478 370,304
LONGMONT 220,075 260,399 252,935 254,575 273,784 287,262 287,111 283,198 252,172 252,459 271,189
BOULDER MOUNTAINS 418,246 432,610 366,483 454,464 421,022 464,275 468,435 528,323 500,004 467,364 432,576

Average sales Price

700,000

525,000

350,000

175,000

0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

BOULDER LOUISVILLE LAFAYETTE

LONGMONT BOULDER MOUNTAINS

National average for interest rates for mortgages

from 1963 to 2010
courtesy of Mike Echery, Bank of Commerce Mortgage

Buying Now with Todayʼs Rates Would Actually Save More Than The Homebuyer Tax Credit from April 30th
Itʼs no secret that mortgage interest rates are at unprecedented lows and considerably lower than the rates from just this past spring. Anyone
with rates of 5.25% or higher can actually save considerably with the rates currently in the low to mid 4ʼs on 30 yr fixed and less for 15 yrs.

Based on the current interest rates, a homebuyer now would actually save four times more in interest than the $8000 First Time Home Buyer
Tax Credit that ended April 30. This comparison assumes a buyer took out a $200,000 loan based on a 5.25% interest rate back in April. In
todayʼs terms, if a buyer was to take out a $200,000 loan at 4.375% 30 yr Fixed, the buyer would actually save over $38,000 in interest.
Even when accounting for the $8000 tax credit, the current rates would still save the borrower over $30,000. This is quite a substantial
savings for only a .875% drop in interest rate. This logic goes further and builds a good case for purchasing now. If rates go up by .875% to
say 5.25%, which is still a historically amazing rate, that is equivalent to spending more than $21,000 for the same house. So even if prices
were to drop further, the impact of higher rates could end up costing you more. This doesnʼt even take into account the interest savings over
the life of the loan.

If you have further mortgage questions, feel free to contact me at:

 BOULDER
Sold Single Family Homes
January through December
from 2000 through 2010

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sold Single Family Homes 936 810 841 960 1031 999 982 937 755 564 194
Average Price 435,597 474,430 482,454 479,924 536,245 609,838 637,172 662,222 655,385 647,751 659,961
Sold Condos and Townhomes 630 615 663 705 773 900 815 793 743 633 1
Average Price 188,388 222,195 231,221 235,345 250,029 276,101 273,731 281,766 304,798 308,719 1

SOLD SINGLE FAMILY HOMES SOLD CONDOS AND TOWNHOMES

1100 900

825 675

550 450
MYRIAM JOHNSON
Realtor®, EcoBroker®
303-204-4100 Cell 275 225
myriamkj@mac.com
www.yourhomeinboulder.com
0 0
www.boulderupdates.com 2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

AVERAGE PRICE SINGLE FAMILY HOMES AVERAGE PRICE CONDOS AND TOWNHOMES
700,000 400,000

525,000 300,000

350,000 200,000

175,000 100,000

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

For more detailed Average Sales Price SOLD

information about
your own
Single Family Homes VS Single Family Homes VS
neighborhood, Condos and Townhomes Condos and Townhomes
please call me. I
would be happy to
prepare a similar
report tailored to Chart 48 Chart 49
your needs and 700,000 1500

interests.
525,000 1125

350,000 750

175,000 375

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

Single Family Homes Condos/Townhomes Sold Single Family Homes

Sold Condos and Townhomes
 LOUISVILLE
Sold Single Family Homes
January through December
from 2000 through 2010

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sold Single Family Homes 309 273 293 318 305 324 272 248 207 203 60
Average Price 286,928 306,515 341,190 320,940 337,284 351,298 361,828 392,014 391,199 394,573 476,383
Sold Condos and Townhomes 74 87 78 68 72 70 70 91 57 69 1
Average Price 143,935 182,431 178,073 186,914 183,677 187,751 201,665 216,909 214,677 207,110 1

SOLD SINGLE FAMILY HOMES SOLD CONDOS AND TOWNHOMES

400 100

300 75

200 50

MYRIAM JOHNSON 25
100
Realtor®, EcoBroker®
303-204-4100 Cell
myriamkj@mac.com 0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010
www.yourhomeinboulder.com
www.boulderupdates.com

AVERAGE PRICE
AVERAGE PRICE
300,000
500,000

225,000
375,000

150,000
250,000

75,000
125,000

0
0 2000 2002 2004 2006 2008 2010
2000 2002 2004 2006 2008 2010

For more detailed

information about Average Sales Price SOLD
your own Single Family Homes VS Single Family Homes VS
neighborhood, Condos and Townhomes Condos and Townhomes
please call me. I
would be happy to
prepare a similar
report tailored to Chart 15
Chart 14
your needs and 400
500,000
interests.
375,000 300

250,000 200

125,000 100

0
2000 2002 2004 2006 2008 2010 0
2000 2002 2004 2006 2008 2010

Average Price Average Price

Sold Single Family Homes
Sold Condos and Townhomes
mmer 2009 compared to Summer 2010
LAFAYETTE
me sales have dropped by 3%
Sold Single Family Homes
erage sales price has increased by 5%
June, July and August
from 2000 through 2010

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sold Single Family Homes 408 373 364 405 373 404 499 524 407 360 1
Average Price 317,472 327,434 328,192 349,407 353,012 390,116 382,151 388,920 342,035 342,929 1
Sold Condos and Townhomes 190 181 188 201 147 157 147 151 119 95 1
Average Price 160,887 186,507 188,743 185,923 190,218 199,626 200,037 194,783 181,723 185,676 1

SOLD SINGLE FAMILY HOMES SOLD CONDOS AND TOWNHOMES

600 300

450 225

MYRIAM JOHNSON 300 150

Realtor®, EcoBroker®
303-204-4100 Cell
myriamkj@mac.com 150 75
www.yourhomeinboulder.com
www.boulderupdates.com
0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

AVERAGE PRICE AVERAGE PRICE

400,000 300,000

300,000 225,000

200,000 150,000

100,000 75,000

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

For more detailed

information about Average Sales Price SOLD
your own Single Family Homes VS Single Family Homes VS
neighborhood, Condos and Townhomes Condos and Townhomes
please call me. I
would be happy to
prepare a similar
report tailored to Chart 13 Chart 14
your needs and 400,000 600
interests.
300,000 450

200,000 300

100,000 150

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

Single Family Homes Condos and Townhomes Sold Single Family Homes
Sold Condos and Townhomes
 LONGMONT
Sold Single Family Homes
June, July and August
from 2000 through 2010

e sure to read the mortgage

tions. 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sold Single Family Homes 1542 1367 1330 1309 1390 1380 1227 1118 1032 897 1
Average Price 220,792 250,774 252,760 255,239 265,841 279,377 289,903 279,404 251,547 241,041 1
Sold Condos and Townhomes 434 459 297 340 360 274 237 235 234 185 1
Average Price 156,940 174,087 184,194 184,814 187,750 187,275 191,556 193,618 186,660 172,038 1

SOLD SINGLE FAMILY HOMES SOLD CONDOS AND TOWNHOMES

2000 500

1500 375
MYRIAM JOHNSON
Realtor®, EcoBroker®
1000 250
303-204-4100 Cell
myriamkj@mac.com
www.yourhomeinboulder.com 500 125
www.boulderupdates.com

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

AVERAGE PRICE AVERAGE PRICE

300,000 200,000

225,000 150,000

150,000 100,000

75,000 50,000

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

Average Price

For more detailed

information about
your own Average Sales Price SOLD
neighborhood, Single Family Homes VS Single Family Homes VS
please call me. I Condos and Townhomes Condos and Townhomes
would be happy to
prepare a similar
report tailored to
your needs and Chart 13 Chart 14
interests. 300,000 2000

225,000 1500

150,000 1000

75,000 500

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

Single Family Homes Condos and Townhomes Sold Single Family Homes
Sold Condos and Townhomes
 BOULDER MOUNTAINS
Sold Single Family Homes in the
June, July and August
from 2000 through 2010

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sold Single Family Homes 94 74 65 79 91 75 70 68 72 48 58
Days on Market 93 89 108 120 129 122 105 134 106 143 144
Average Price 418,246 432,610 366,483 454,464 421,022 464,275 468,435 528,323 500,004 467,364 432,576
Median Price 360,000 370,000 325,000 399,000 375,000 420,000 412,500 406,500 425,000 426,000 405,000

SOLD SINGLE FAMILY HOMES DAYS ON MARKET

100 150

75 112.5

MYRIAM JOHNSON
Realtor®, EcoBroker® 50 75
303-204-4100 Cell
myriamkj@mac.com
www.yourhomeinboulder.com 25 37.5
www.boulderupdates.com

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

AVERAGE PRICE MEDIAN PRICE

600,000 500,000

450,000 375,000

300,000 250,000

150,000 125,000

0 0
2000 2002 2004 2006 2008 2010 2000 2002 2004 2006 2008 2010

For more detailed

information about Average Sales Price vs Median
your own Summer 2000 compared to Summer 2010
Sales Price
neighborhood,
* Home sales have dropped 38%
please call me. I * Average sales price has increased by 3%
would be happy to
prepare a similar Summer 2009 compared to Summer 2010
report tailored to
your needs and * Home sales have dropped by 21%
interests. Chart 9 * Average sales price has decreased slightly more than 8%
600,000
With interest rates being at a historic low, this
450,000
is a great time to buy. Make sure to read the
300,000 mortgage rate report on the first page of this
article, and please call me with any questions.
150,000

* Percentages are rounded to the nearest whole number

0
2000 2002 2004 2006 2008 2010

Average Price Median Price