Kim Hullett-Newlands-August 2019

NEWL ANDS

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

NEIGHBORHOOD August 2019 Real Estate Market Report

303.748.3336

kimhullett@porchlightgroup.com

REALTOR®, Broker | PorchLight Real Estate Group

For current listings or to receive a home valuation, visit: WWW.NEWLANDSNEIGHBORHOODHOMES.COM

MEET THE ARTISTS Behind the AlpineBalsam Project in North Boulder!

See Back Cover

Jason Graves and Rem Robinson work to complete one of several

PUBLIC ART INSTALLATIONS

that will surround the Alpine-Balsam Project in North Boulder adjacent to our Newlands Neighborhood.

PREPARED ESPECIALLY FOR

Future Friends and Neighbors

STAY UP-TO-DATE:

www.bouldercolorado.gov/planning/AlpineBalsam

@boulderartsculture @jasontgraves @remingtonrobinson @cityofboulder

Future Friends and Neighbors, this market report was created especially for you. To have your home professionally marketed and featured in my publication, call me today at 303.748.3336.

PRESENTED BY KIM HULLETT YOUR NEWL ANDS NEIGHBORHOOD REALTOR ®

&

NEIGHBOR

www.NewlandsNeighborhoodHomes.com

Kim was beyond helpful! She helped negotiate a lower price on our ideal location. She was very personable and honest to work with. She is super knowledgeable of the market.

I would HIGHLY recommend her!

NEWLANDS MARKET REPORT

AUGUST 2019

Do You Know Your Home’s TRUE Value?

—  Zillow Review

303.748.3336

Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Kim Hullett.

VISIT ONLINE TODAY AT:

kimhullett@porchlightgroup.com

NEWLANDSNEIGHBORHOODHOMES.COM

It’s time to make your dream home a reality Interest rates are at an all-time low, and buyers for your home are ready, willing, and able.

4.15%

Average 30-Year Fixed Interest Rate as of August 1st, 2019 Offered rates ranging from 3.25% to 8.00%

DECADE

LOWEST 30-YEAR FIXED INTEREST RATE

HIGHEST 30-YEAR FIXED INTEREST RATE

1970s 1980s 1990s 2000s 2010s

7.23% (1972) 9.03% (1987) 6.49% (1998) 4.71% (2009) 3.31% (2012)

12.90% (1979) 18.63% (1981) 10.67% (1990) 8.64% (2000) 5.21% (2010)

CURRENT 15-YEAR FIXED INTEREST RATE: 3.19%

https://www.valuepenguin.com/ mortgages/historical-mortgage-rates https://www.valuepenguin.com/ mortgages/average-mortgage-rates

Future Friends and Neighbors, Lower interest rates means that NOW is the time to act! Call 303.748.3336 to get your home sold then move into your next dream home!

Newlands Homes Currently Listed Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name Broadway Street Alpine Avenue 5th Street 11th Street 11th Street 11th Street 11th Street Juniper Avenue 10th Street 11th Street Broadway Street 4th Street Juniper Avenue 3rd Street Juniper Avenue Juniper Avenue Kalmia Avenue

Beds 3 3 3 4 4 3 4 5 4 6 5 5 5 7 5 5 4

Baths 2 2 3 2 4 3 3 4 4 4 5 7 6 5 5 5 7

Approximate Sq. Ft.* 1,300 2,000 1,300 2,600 2,600 2,600 3,400 4,100 2,700 5,000 5,100 4,200 5,300 5,100 5,400 5,200 8,500

Year Built 1955 1953 1954 1936 1940 1946 1947 1989 1929 2007 2007 2019 2008 1983 2006 2020 1966

List Price $699,000 $1,173,000 $1,250,000 $1,250,000 $1,300,000 $1,395,000 $1,550,000 $1,599,000 $2,070,000 $2,095,000 $2,147,500 $2,750,000 $2,890,000 $2,940,000 $3,875,000 $4,995,000 $5,250,000

There are currently 2 homes taking back-up offers and no homes pending in Newlands.

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

Newlands Homes Sold Since June 1st, 2019 Status Sold Sold Sold Sold Sold Sold

Address 3122 10th Street 506 Juniper Avenue 550 Iris Avenue 2944 10th Street 410 Iris Avenue 2909 4th Street

Beds 4 6 4 3 3 3

Baths 3 5 4 2 2 3

Approximate Sq. Ft.* 2,100 5,300 4,500 2,100 2,000 1,800

List Price $1,325,000 $3,700,000 $3,875,000 $1,195,000 $995,000 $1,250,000

Sold Price $1,325,000 $3,600,000 $3,775,000 $1,161,235 $1,000,000 $1,225,000

Sold Date 08/12/19 07/15/19 07/10/19 06/21/19 06/13/19 06/03/19

Days on Market 68 68 76 100 50 47

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. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between June 1st, 2019 and August 14th, 2019. 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.