Kim Hullett-Newlands - April 2022

PorchLight Real Estate Group 2500 Broadway Boulder, CO 80304 Each Office Independently Owned and Operated.

303.748.3336

kimhullett@porchlightgroup.com

NEWL ANDS

NEIGHBORHOOD April 2022 Real Estate Market Report

REALTOR®, Broker | PorchLight Real Estate Group

INVENTORY IS LOW

NOW IS THE TIME TO SELL!

GORGEOUS DREAM HOME

WITH CITY AND FLATIRON VIEWS! • Historically low interest rates

333 Dellwood Avenue | Call Kim today for more details or to schedule a private tour!

• High number of buyers • Low home inventory • Seller’s market

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

PRESENTED BY KIM HULLETT Jonathan and Angela-Marie,

If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, record-low supply, and fierce buyer competition. With less competition, you could sell faster and for more money! Call Kim today at 303.748.3336 to get started.

YOUR NEWL ANDS NEIGHBORHOOD REALTOR ®

&

NEIGHBOR

www.NewlandsNeighborhoodHomes.com

ATTN:

NEWLANDS OR N. BOULDER HOMEOWNERS

I HAVE BUYERS! Up to $3M, move-in ready Newlands 5+beds

303.748.3336

For more information, or if you are thinking about selling, call or text Kim today to get the conversation started.

GET TH E MOS T

ACCURATE ASSESSMENT

O F YO U R H O M E ’ S VA LU E TO D AY !

www.NewlandsNeighborhoodHomes.com

kimhullett@porchlightgroup.com

%

HOW MUCH WILL WAITING TO SELL

COST YOU?

Interest rates are expected to rise this year, breaking the trends of record lows and increasing the overall cost to purchase. This will greatly reduce the number of qualified buyers, affecting what your home sells for!

MORTGAGE 2022 Q1 2023 Q1

$2,500,000 $2,657,500

MONTHLY PAYMENT INCREASE: THE DIFFERENCE IN THE LIFE OF THE LOAN (30 YEARS):

NEWLANDS MARKET REPORT

APRIL 2022

Newlands Homes Currently Listed Status

Street Name

Active

Listed by Kim Hullett

Beds

Baths

Approximate Sq. Ft.*

Year Built

List Price

6th Street

4

2

2,000

1954

$1,545,000

Active

Juniper Avenue

3

2

3,100

1925

$2,500,000

Active

Broadway Street

5

4

6,100

1997

$4,250,000

Active

Dellwood Avenue

4

5

6,700

2001

$4,250,000

There are 4 homes currently taking back-up offers and 1 home pending in Newlands.

For more information on any of these listings, please call Kim today at 303.748.3336.

P&I*

$11,190.91 $12,337.87 $1,146.96

$412,905.60

Jonathan and Angela-Marie,

Call today at 303.748.3336 to learn how Kim’s marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!

Average Commitment Rate per Freddie Mac | *Principal and Interest Payment | 6.3% Home Price Increase Forecasted by HPES

Newlands Homes Recently Sold Beds

Baths

Approximate Sq. Ft.*

List Price

Sold Price

Sold Date

Days on Market

3015 8th Street

5

2

2,700

$2,000,000

$2,000,000

03/18/22

1

Sold

2820 5th Street

4

4

3,700

$3,450,000

$3,450,000

03/04/22

234

Sold

3085 9th Street

3

2

1,200

$1,150,000

$1,460,000

02/25/22

6

Sold

625 Alpine Avenue

6

5

5,300

$2,995,000

$3,000,000

02/16/22

20

Sold

2985 7th Street

4

4

4,000

$2,499,000

$2,450,000

02/11/22

18

Sold

2800 5th Street

4

4

3,800

$3,196,000

$3,503,000

02/11/22

37

Sold

3044 8th Street

5

4

4,800

$3,295,000

$3,175,000

02/03/22

1

Sold

2942 4th Street

4

4

4,200

$2,495,000

$2,430,000

01/18/22

49

Sold

3084 6th Street

2

2

2,200

$2,430,000

$2,430,000

01/07/22

1

Sold

656 Juniper Avenue

3

3

3,500

$2,975,000

$2,750,000

01/05/22

72

Sold

2805 7th Street

5

4

5,000

$2,800,000

$2,525,000

12/30/21

99

Sold

2741 4th Street

3

2

1,600

$1,500,000

$1,605,000

12/10/21

31

Sold

3246 5th Street

5

6

4,600

$2,799,990

$2,810,000

12/07/21

126

Status

Address

Sold

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. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between December 7th, 2021 and March 28th, 2022. 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.