April 2011

Martin Acres Boulder homes for sale and Market Share Report:  Martin Acres in South Boulder is known for being one of Boulder's most affordable single-family neighborhoods, with homes generally priced in the $350K to $400K price range.  The neighborhood is dominated by post-war construction and features Martin Park, with an increasing trend towards home renovations.

RE/MAX of Boulder has garnered a tremendous market share in Martin Acres over the years.  Based on data from IRES today, over the past 12 months our office has a 22.08% market share for both listings and sales . . . more than our next 3 competitors combined:

According to IRES, there are currently 16 homes listed for sale in Martin Acres with 5, or about 31% under contract.  The current

Boulder real estate sales have shown signs of improvement over the past year.  According to recent figures from IRES, comparing year-over-year results in 2009 vs. 2010, residential re-sale volume increased 10.5% in Boulder, while the median sales price increased 1.9% to $535,000.  The biggest increase in sales volume was in the Suburban Plains at +37.9% and the biggest increase in median price was in Louisville, at +11.3%.  One other statistic that stood out was in the average number of days to contract:  In every area of the County this number was level or declining (lower is better), except in Erie.  Erie figures actually showed an increase of 21.6% from 2009 to 2010 - by far the worst performer in that category, reflecting increasing inventory and

SOLD!  Our clients closed on a nicely-remodeled ranch-style home in The Reserve in Boulder today.  This home is located at 1212 Mallard Ct. and is situated on over 1/2 acre at the end of a cul-de-sac.  The Reserve is located just south of Arapahoe and Cherryvale near the Flatirons Golf Course, and is a beautiful subdivision of custom homes that are typically priced in the $1M range.  The current inventory of available homes ranges from $950K to $1.15M.

This beautiful home features 4 bedrooms and 4 baths, an open floor plan, vaulted ceilings, slate and wood floors, 2 laundry rooms, updated kitchen with granite counters and custom cabinets, professionally finished basement with a bedroom/bath, private master suite, plantation-style shutters, a large rear