Kim Hullett-Newlands-September 2020

NEWL ANDS

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

NEIGHBORHOOD September 2020 Real Estate Market Report

303.748.3336

kimhullett@porchlightgroup.com

REALTOR®, Broker | PorchLight Real Estate Group

SOPHISTICATED DESIGN & PRIVATE OUTDOOR LIVING

JUST LISTED

SOPHISTICATED DESIGN & PRIVATE OUTDOOR LIVING

See Back Cover for Additional Details

3172 11th Street | 4 Beds, 5 Baths | 3,137 Est. Square Feet 7,106 Est. Square Foot Lot | Offered at $2,175,000

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

NEWLANDS MARKET REPORT

SEPTEMBER 2020

Newlands Homes Currently Listed

303.748.3336

kimhullett@porchlightgroup.com

"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!"

Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name Broadway Street Broadway Street Iris Avenue 10th Street Iris Avenue 9th Street 11th Street 5th Street 5th Street Kalmia Avenue 4th Street 10th Street Juniper Avenue 4th Street

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

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

Listed and/or Sold by Kim Hullett.

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

Year Built 1947 2007 1954 1950 1954 1909 2001 2003 2007 1971 2008 2020 2020 2003

List Price $829,000 $920,000 $999,000 $1,479,900 $1,595,000 $2,075,000 $2,175,000 $2,600,000 $2,800,000 $2,950,000 $3,350,000 $3,885,000 $4,995,000 $5,500,000

THIRD QUARTER

REAL ESTATE TRENDS Home Prices are Holding Up

Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.

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

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

Low Rates are Here to Stay

Paperless Mortgage Process

The industry has moved to a completely digital process with breathtaking speed.

More loans are likely to close quickly.

Millennials are Starting to Buy

Millennials want to buy homes and are poised to jump into the market.

Some foresee a boom in home buying in the coming years.

Shopping for Homes is Virtual

Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.

Many economists expect rates to remain low and possibly trend lower.

This increases buyer’s purchasing power and drives up prices.

Migration to the Suburbs

Strong buyer interest has shifted to suburban neighborhoods.

Densely populated city centers are reporting tepid activity.

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

Address 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 3305 4th Street 1100 Juniper Avenue 2827 11th Street 3056 6th Street 775 Kalmia Avenue 625 Iris Avenue 3021 3rd Street 3189 6th Street

Beds 3 3 3 4 3 4 4 3 5 5 N/A 6 3 4 4 5 3 4 3 7 4

Baths 2 2 2 5 2 3 4 2 4 3 N/A 5 3 4 6 4 1 7 2 5 4

Approximate Sq. Ft.* 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 3,800 5,300 4,500 1,600 8,500 1,400 5,200 4,500

List Price $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 $2,195,000 $2,650,000 $2,660,000 $959,000 $4,995,000 $1,085,000 $2,995,000 $2,800,000

Listed and/or Sold by Kim Hullett.

Sold Price $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 $2,285,000 $2,600,000 $2,660,000 $975,000 $4,450,000 $975,000 $2,850,000 $2,800,000

Sold Date 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 06/26/20 06/26/20 06/26/20 06/24/20 06/17/20 06/15/20 06/05/20 06/02/20

Days on Market 47 107 100 47 69 40 45 40 33 30 248 110 45 23 135 15 7 492 84 30 1

FUTURE FRIENDS AND NEIGHBORS,

Now is the time to take advantage of the unique market! Call Kim today at 303.748.3336.

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. Š 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between June 1st, 2020 and September 3rd, 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.