Longmont Real Estate Update
Posted by Phil Boren on Thursday, February 11th, 2010 at 5:44pm.One of my clients closed on her new home in Longmont yesterday and I thought it would be interesting to post some Longmont real estate statistics covering the past 12 months. With all the negativity in the national media, it's easy to forget that real estate markets tend to be very local. Longmont real estate is no different.
It's interesting to note that over the past 12 months, IRES data reflects a Longmont residential re-sale market that is actually improving. The median price of a sold listing rose about 7%, the number of properties under contract is up, and the MSI (months supply of inventory) is down about 32%. These are all signs of an overall market that may be different from what some perceive.
If you have any questions about your home or about any Boulder real estate, please feel free to call 303-441-5647 or contact us online. We'll be happy to research your area and provide some insight into your local real estate market.
(C) Copyright - Phil Boren. All Rights Reserved.
Phil Boren
Direct: 303-441-5647
Email: pboren@remax.net
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