An analysis of real estate market conditions in Boulder, CO. Get the latest research by visiting http://boulderrealty.blogspot.com

1. THE SILVER FERN REPORT: Boulder An analysis of real estate market conditions in Boulder, Colorado November, 2010 Phone: 303 586 1241 | www.silverfernhomes.com

3. Boulder, Colorado Phone: 303 586 1241 www.silverfernhomes.com “ Our goal is help you get the most value from your unique real estate situation. We offer our clients the latest market information, straight forward advice and the highest standards of service.” - Osman Parvez, Co-Founder

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6. City of Boulder Single Family Houses (detached dwellings)

11. Notable Sales On the Hill for Under 600K 969 10 th Street Key Statistics: 5 Bed, 3 Bath 3,295 SQFT Sold: 10/29/10 Days On Market: 303 Sold: $595,000 % of Original Asking : 82% Nice finishes and plenty of charm, but no real master bedroom and an unusual layout. A few student rentals were nearby as well. Nail in coffin : The seller wasted the peak season with a wishful thinking asking price of $725K. Flood Zone, Cheapie 2248 Edgewood Drive Key Statistics: 3 Bed, 1 Bath 1,008 SQFT Sold: 10/18/10 Days on Market: 153 Sold: $287,000 (w. concessions) % of Original Asking : 87% Property in the 100 year flood zone costs more to insure, no doubt pushing down the price of this basic ranch well below $300,000 (despite the central location). Underpriced Lightning Sale 440 Arapahoe Avenue Key Statistics: 4 Bed, 2 Bath 1,905 SQFT Sold: 10/20/10 Days on Market: 17 Sold: $575,000 % of Original Asking : 100% A+ location, large lot, and historic. Sold for full asking at lightning speed for cash. This transaction supports the thesis that even in the softest market, attractive, well priced property will sell very quickly.

12. City of Boulder Town Homes and Condos (attached dwellings)

17. Notable Sales The High End Is Alive 1077 Canyon - Unit 210 Key Statistics: 2 Bed, 2 Bath 2,181 SQFT Sold: 10/07/10 Days On Market: 193 Sold: $1,995,000 % of Original Asking : 100% This two bedroom, plus study, was built without sparing any expenses. Southwest facing, unobstructed views, and as downtown as it gets. One of two sales at The Arete last month. Beats A Guest Bedroom 1237 Elder Ave – #10 Key Statistics: 1 Bed, 1 Bath 390 SQFT Sold: 10/05/10 Days on Market: 141 Sold: $124,000 % of Original Asking : 71% There aren’t many people who can live inside 400SQFT. Perhaps the buyer of this historic unit will use it as a guest house and/or occasional vacation rental. New Urbanism Prices Slip 1659 Zamia Ave Key Statistics: 3 Bed, 3 Bath 1,683 SQFT Sold: 10/29/10 Days on Market: 229 Sold: $455,000 % of Original Asking : 87% The owner of this Holiday townhome purchased it for $478,000 in 2007. Three years later, it was sold for $455,000, representing a 5% decrease in value. This establishes a solid comparable for other units in the area.