Kim Hullett-Newlands-October 2020

NEWL ANDS

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

NEIGHBORHOOD October 2020 Real Estate Market Report

303.748.3336

kimhullett@porchlightgroup.com

REALTOR®, Broker | PorchLight Real Estate Group

THIRD QUARTER REVIEW

Median Sale Price

INCREASED

5.4%

since 2019!

Your home’s unique qualities could make it worth even more!

NEWL ANDS NEIGHBORHOOD Future Friends and Neighbors, This statistical analysis represents the current market trends during the third quarter in the Newlands. For an in-depth analysis of your home’s value, call me today at 303.748.3336 for a complimentary evaluation.

97.6%

AVERAGE SOLD PRICE TO LIST PRICE RATIO

Low: 90.3% | High: 102.1%

See Inside for Additional Details

 0.5% from 3rd Quarter 2019

$1,660,000

MEDIAN SOLD PRICE

Low: $955,000 | High: $4,250,000  5.4% from 3rd Quarter 2019

$620

AVERAGE PRICE PER SQUARE FOOT

Low: $324 | High: $1,054  $21 per sq. ft. from 3rd Quarter 2019

67 Data based on listings from IRES MLS from July 1st to September 30th, 2019 and 2020. Information deemed accurate but not guaranteed.

SALE PENDING

AVERAGE DAYS ON MARKET

Low: 1 | High: 248  Increased by 5 days from 3rd Quarter 2019

PREPARED ESPECIALLY FOR

Future Friends and Neighbors

PRESENTED BY KIM HULLETT YOUR NEWL ANDS NEIGHBORHOOD REALTOR ®

&

NEIGHBOR

www.NewlandsNeighborhoodHomes.com

5-STAR ZILLOW REVIEW HIGHLY RECOMMENDED

303.748.3336

kimhullett@porchlightgroup.com

AT-A-GLANCE

15

69

Homes Recently Sold

Average Days on Market

"Kim checks every single box and we have absolutely zero negative things to say about her. We are incredibly happy to have closed our first house with Kim and we look forward to working with her for many years to come!"

Current Activity in Newlands Active

Pending

Sold

SOPHISTICATED DESIGN & PRIVATE OUTDOOR LIVING

SALE PENDING!

3172 11th Street | $2,175,000 4 Beds, 3.5+ Baths 3,137 Est. Square Feet 7,106 Est. Square Foot Lot

NEWLANDS MARKET REPORT

OCTOBER 2020

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

Street Name Broadway Street Broadway Street 5th Street 3rd Street 5th Street Cedar Avenue Juniper Avenue 10th Street Juniper Avenue

Beds 5 3 4 4 5 6 6 6 5

Baths 3 3 4 3 4 7 5 6 6

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

Year Built 1947 1997 2003 1991 2007 2007 2006 2020 2020

List Price $829,000 $920,000 $2,600,000 $2,800,000 $2,800,000 $3,250,000 $3,475,000 $3,995,000 $4,995,000

There are seven homes currently taking back-up offers and one home pending in Newlands.

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

97.6% Average Sold Price/List Price Ratio

620

$

Average Price per Square Foot

Highest Sold Price

$4,250,000

Average Sold Price

$1,853,687

Lowest Sold Price

$955,000

A visual representation of the data on the right.

Data deemed accurate but not guaranteed. For full details, please give Kim a call today. ©2020 Google.

Newlands Homes Sold Since July 1st, 2020 Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 3535 4th Street 460 Japonica Way 3242 4th Street 3142 11th Street 2702 6th Street 3045 5th Street 3241 11th Street 425 Hawthorn Avenue 715 Forest Avenue 810 Hawthorn Avenue 3065 9th Street 2847 4th Street 2699 4th Street 3545 Broadway Street 1050 Grape Avenue

Beds 4 4 3 3 3 4 3 4 4 3 5 5 N/A 6 3

Baths 4 4 2 2 2 5 2 3 4 2 4 3 N/A 5 3

Approximate Sq. Ft.* 4,000 5,100 2,300 2,100 1,800 3,900 1,400 2,500 4,200 1,500 3,700 3,500 N/A 5,100 2,400

List Price $4,250,000 $2,160,000 $1,190,000 $1,249,000 $975,000 $3,200,000 $989,000 $1,750,000 $2,625,000 $1,095,000 $2,150,000 $2,350,000 $1,495,000 $1,775,000 $1,200,000

Sold Price $4,250,000 $2,160,000 $1,206,300 $1,215,000 $965,000 $2,975,000 $955,000 $1,750,000 $2,550,000 $1,045,000 $2,124,000 $2,400,000 $1,350,000 $1,660,000 $1,200,000

Sold Date 09/04/20 09/01/20 08/28/20 08/28/20 08/21/20 08/14/20 08/10/20 08/07/20 07/27/20 07/20/20 07/20/20 07/17/20 07/15/20 07/10/20 07/02/20

Days on Market 44 1 47 107 100 47 69 40 45 40 33 30 248 110 45

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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between July 1st, 2020 and October 5th, 2020. 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.