2. City Overview
Anthony Knight | 303-475-8075
BOULDER, CO
This Week Real-Time Market Profile Trend
The median list price in BOULDER, CO Median List Price $ 749,000 ≠≠
this week is $749,000. The 117 Average List Price $ 1,151,769
properties have been on the market Asking Price Per Square Foot $ 272 ≠≠
for an average of 199 days. Average Days on Market (DoM) 199 ==
Inventory of Properties Listed 117 ≠≠
Most Expensive Listing $ 5,295,000
Inventory has been lightening lately Least Expensive Listing $ 239,900
and the Market Action Index has been Average Age of Listing 36
trending up. Though days-on-market Percent of Properties with Price Decrease 36 %
is increasing, these are mildly positive Percent Relisted (reset DOM) 9%
indications for the market. Percent Flip (price increased) 3%
Median House Size (sq ft) 3036
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Supply and Demand
Median Number of Bathrooms 3.0
Altos Research Value Statistics
Home sales have been exceeding Market Action Index Strong Buyer's 17.6 ==
new inventory for several weeks. The Market Action Index answers the question "How's the Market?" By measuring
the current rate of sale versus the amount of the inventory. Index above 30
While still a Buyer's market, prices implies a seller's advantage. Below 30, conditions give the advantage to the
seem to have responded by moving buyer.
upward. If the demand trends
continue, expect prices to keep Trend Key: == Strong upward trend ≠≠ Strong downward trend
marching upward, especially once ±+ No change = Slight upward trend ≠ Slight downward trend
we see a Seller's Market.
Characteristics per Quartile
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.25 - 0.50
Top/First $ 2,250,000 5371 acre 4.0 5.0 13 29 0 6 202 Most expensive 25% of properties
0.50 - 1.0
Upper/Second $ 999,000 3876 acre 4.0 4.0 26 29 2 5 233 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 649,000 2400 acre 4.0 3.0 40 29 0 2 195 Lower-middle 25% of properties
6,501 -
Bottom/Fourth $ 439,500 1976 8,000 sqft 3.0 3.0 32 30 1 3 165 Least expensive 25% of properties
Page 2 of 31 Monday November 30, 2009
3. City Overview
Anthony Knight | 303-475-8075
BOULDER, CO
Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their
absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading
indicator for a trough in prices.
7-day Average 90-day Average
Quartile Prices
In the quartile market segments, we see the upper-half of the market (Quartiles 1 and 2) in this zip code showing weakness
recently while the lower-half prices have remained strong. Quartiles 3 and 4 have been increasing in the last few weeks. These
convergent trends cannot continue indefinitely, so look to the Market Action Index Quartile breakdown to see which group will
change direction.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 3 of 31 Monday November 30, 2009
4. City Overview
Anthony Knight | 303-475-8075
BOULDER, CO
Price per Square Foot
The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can
see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a
precursor to price and value changes, possibly as inflection points for good investment opportunities.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
7-day Average 90-day Average
Page 4 of 31 Monday November 30, 2009
5. City Overview
Anthony Knight | 303-475-8075
BOULDER, CO
Market Action Index
The BOULDER market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index
stands at 17.60. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of
demand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by
analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Page 5 of 31 Monday November 30, 2009
6. City Overview
Anthony Knight | 303-475-8075
BOULDER, CO
Days on Market
The properties have been on the market for an average of 199 days. Half of the listings have come newly on the market in the
past 161 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 6 of 31 Monday November 30, 2009
7. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80301
This Week Real-Time Market Profile Trend
The median list price in BOULDER, CO Median List Price $ 504,500 ≠≠
80301 this week is $504,500. The 14 Average List Price $ 806,629
properties have been on the market Asking Price Per Square Foot $ 213 ≠≠
for an average of 201 days. Average Days on Market (DoM) 201 ==
Inventory of Properties Listed 14 ≠≠
Most Expensive Listing $ 2,199,000
Inventory has been decreasing lately Least Expensive Listing $ 365,000
but the Market Action Index is falling Average Age of Listing 23
also. With days-on-market climbing, Percent of Properties with Price Decrease 36 %
these are relatively negative Percent Relisted (reset DOM) 14 %
implications for the market. Percent Flip (price increased) 0%
Median House Size (sq ft) 2999
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Supply and Demand
Median Number of Bathrooms 3.0
Altos Research Value Statistics
Home sales have been exceeding Market Action Index Strong Buyer's 17.2 ≠≠
new inventory for several weeks. The Market Action Index answers the question "How's the Market?" By measuring
the current rate of sale versus the amount of the inventory. Index above 30
However because of excess implies a seller's advantage. Below 30, conditions give the advantage to the
inventory, prices have not yet buyer.
stopped falling. Should the sales
trend continue, expect prices to Trend Key: == Strong upward trend ≠≠ Strong downward trend
level off soon and potentially to ±+ No change = Slight upward trend ≠ Slight downward trend
resume their climb from there.
Watch prices as the market
transitions from a Buyer's market to
a Seller's market.
Characteristics per Quartile
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
Top/First $ 1,999,000 6238 not available 4.0 6.0 13 3 0 0 282 Most expensive 25% of properties
8,001 -
Upper/Second $ 630,000 2952 10,000 sqft 4.0 3.0 31 3 0 0 254 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 483,450 2957 acre 4.0 3.0 18 4 1 1 198 Lower-middle 25% of properties
0.25 - 0.50
Bottom/Fourth $ 387,450 2134 acre 3.5 3.0 28 4 0 0 102 Least expensive 25% of properties
Page 7 of 31 Monday November 30, 2009
8. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80301
Median Price
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that
cycle.
7-day Average 90-day Average
Quartile Prices
In the quartile market segments, we see the market's price weakness almost across the board. Prices in Quartile 4 have been
mixed recently, while the rest of the market is trending downward. Look for a strong, persistent up shift in the Market Action
Index as a leading indicator of the trough in the market.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 8 of 31 Monday November 30, 2009
9. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80301
Price per Square Foot
The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can
see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a
precursor to price and value changes, possibly as inflection points for good investment opportunities.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
7-day Average 90-day Average
Page 9 of 31 Monday November 30, 2009
10. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80301
Market Action Index
The BOULDER, 80301 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action
Index stands at 17.22. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of
demand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by
analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Page 10 of 31 Monday November 30, 2009
11. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80301
Days on Market
The properties have been on the market for an average of 201 days. Half of the listings have come newly on the market in the
past 147 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 11 of 31 Monday November 30, 2009
12. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80304
This Week Real-Time Market Profile Trend
The median list price in BOULDER, CO Median List Price $ 887,000 ≠≠
80304 this week is $887,000. The 42 Average List Price $ 1,147,048
properties have been on the market Asking Price Per Square Foot $ 315 ≠≠
for an average of 164 days. Average Days on Market (DoM) 164 ≠≠
Inventory of Properties Listed 42 ==
Most Expensive Listing $ 3,200,000
Demand measured by the Market Least Expensive Listing $ 239,900
Action Index is increasing and days- Average Age of Listing 33
on-market is trending downward. Percent of Properties with Price Decrease 40 %
Even as more properties come Percent Relisted (reset DOM) 2%
available, these are positive trends Percent Flip (price increased) 5%
for the market. Median House Size (sq ft) 3201
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Supply and Demand
Median Number of Bathrooms 3.5
Altos Research Value Statistics
Inventory levels have been relatively Market Action Index Strong Buyer's 14.1 ==
consistent relative to sales. Despite The Market Action Index answers the question "How's the Market?" By measuring
the current rate of sale versus the amount of the inventory. Index above 30
the fact that there is a relatively implies a seller's advantage. Below 30, conditions give the advantage to the
high amount of available inventory, buyer.
this Buyer's market is still seeing
prices move higher. Given inventory Trend Key: == Strong upward trend ≠≠ Strong downward trend
levels, these price conditions are ±+ No change = Slight upward trend ≠ Slight downward trend
relatively fragile. If the market
cools off further, the price trend is
likely to reverse.
Characteristics per Quartile
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.25 - 0.50
Top/First $ 2,100,000 5143 acre 4.5 5.0 12 10 0 2 171 Most expensive 25% of properties
0.25 - 0.50
Upper/Second $ 1,112,500 3910 acre 4.0 4.0 28 10 0 2 178 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 753,900 2660 acre 4.0 3.0 30 11 2 0 231 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 519,900 1692 6,500 sqft 3.0 2.0 45 11 0 0 78 Least expensive 25% of properties
Page 12 of 31 Monday November 30, 2009
13. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80304
Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their
absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading
indicator for a trough in prices.
7-day Average 90-day Average
Quartile Prices
In the quartile market segments, we see pricing in this zip code is lacking strong directional indication lately. Quartiles 1 and 3
are up while Quartiles 2 and 4 are basically flat in recent weeks. Watch for persistent shifts in the Market Action Index for a
leading indicator of stronger price moves in the market as a whole.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 13 of 31 Monday November 30, 2009
14. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80304
Price per Square Foot
The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can
see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a
precursor to price and value changes, possibly as inflection points for good investment opportunities.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market
Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
7-day Average 90-day Average
Page 14 of 31 Monday November 30, 2009
15. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80304
Market Action Index
The BOULDER, 80304 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action
Index stands at 14.07. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of
demand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by
analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Page 15 of 31 Monday November 30, 2009
16. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80304
Days on Market
The properties have been on the market for an average of 164 days. Half of the listings have come newly on the market in the
past 133 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 16 of 31 Monday November 30, 2009
17. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80303
This Week Real-Time Market Profile Trend
The median list price in BOULDER, CO Median List Price $ 680,000 ==
80303 this week is $680,000. The 24 Average List Price $ 969,302
properties have been on the market Asking Price Per Square Foot $ 254 ==
for an average of 211 days. Average Days on Market (DoM) 211 ==
Inventory of Properties Listed 24 ≠≠
Most Expensive Listing $ 5,295,000
Inventory has been lightening lately Least Expensive Listing $ 279,900
and the Market Action Index has been Average Age of Listing 37
trending up. Though days-on-market Percent of Properties with Price Decrease 33 %
is increasing, these are mildly positive Percent Relisted (reset DOM) 17 %
indications for the market. Percent Flip (price increased) 4%
Median House Size (sq ft) 2917
Median Lot Size 0.50 - 1.0 acre
Median Number of Bedrooms 4.0
Supply and Demand
Median Number of Bathrooms 4.0
Altos Research Value Statistics
The market has shown some Market Action Index Strong Buyer's 15.4 ==
evidence of slowing recently. Both The Market Action Index answers the question "How's the Market?" By measuring
the current rate of sale versus the amount of the inventory. Index above 30
prices and inventory levels are implies a seller's advantage. Below 30, conditions give the advantage to the
relatively unchanged in recent buyer.
weeks. Watch the Market Action
Index for changes as it can be a Trend Key: == Strong upward trend ≠≠ Strong downward trend
leading indicator for price changes. ±+ No change = Slight upward trend ≠ Slight downward trend
Characteristics per Quartile
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.25 - 0.50
Top/First $ 1,374,500 5372 acre 5.0 5.0 10 6 0 0 257 Most expensive 25% of properties
Upper/Second $ 799,500 3650 not available 4.5 3.5 42 6 0 0 248 Upper-middle 25% of properties
1.0 - 2.5
Lower/Third $ 609,450 2278 acres 4.0 3.0 45 6 0 1 168 Lower-middle 25% of properties
0.25 - 0.50
Bottom/Fourth $ 412,825 2112 acre 3.0 3.0 44 6 0 0 170 Least expensive 25% of properties
Page 17 of 31 Monday November 30, 2009
18. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80303
Median Price
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up
trend in general over the last several weeks.
7-day Average 90-day Average
Quartile Prices
In the quartile market segments, we see prices in the individual quartiles not demonstrating strong directional correlation
lately. Quartile 2 has been trending up recently, but unless we see a persistent up-shift in the Market Action Index, it will likely
resume the trend of the rest of the market.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 18 of 31 Monday November 30, 2009
19. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80303
Price per Square Foot
The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently
increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action
Index for persistent changes as a leading indicator for these trends to flatten or drop.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
7-day Average 90-day Average
Page 19 of 31 Monday November 30, 2009
20. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80303
Market Action Index
The BOULDER, 80303 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action
Index stands at 15.37. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of
demand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by
analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Page 20 of 31 Monday November 30, 2009
21. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80303
Days on Market
The properties have been on the market for an average of 211 days. Half of the listings have come newly on the market in the
past 161 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 21 of 31 Monday November 30, 2009
22. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80302
This Week Real-Time Market Profile Trend
The median list price in BOULDER, CO Median List Price $ 872,000 ==
80302 this week is $872,000. The 30 Average List Price $ 1,446,137
properties have been on the market Asking Price Per Square Foot $ 333 ==
for an average of 217 days. Average Days on Market (DoM) 217 ≠≠
Inventory of Properties Listed 30 ≠≠
Most Expensive Listing $ 4,750,000
Inventory is tightening and days-on- Least Expensive Listing $ 345,000
market is falling. The Market Action Average Age of Listing 47
Index shows demand heating up. Percent of Properties with Price Decrease 30 %
These are relatively bullish signs for Percent Relisted (reset DOM) 10 %
prices. Percent Flip (price increased) 0%
Median House Size (sq ft) 3496
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Supply and Demand
Median Number of Bathrooms 3.0
Altos Research Value Statistics
Home sales have been exceeding Market Action Index Strong Buyer's 18.2 ==
new inventory for several weeks. The Market Action Index answers the question "How's the Market?" By measuring
the current rate of sale versus the amount of the inventory. Index above 30
While still a Buyer's market, prices implies a seller's advantage. Below 30, conditions give the advantage to the
seem to have responded by moving buyer.
upward. If the demand trends
continue, expect prices to keep Trend Key: == Strong upward trend ≠≠ Strong downward trend
marching upward, especially once ±+ No change = Slight upward trend ≠ Slight downward trend
we see a Seller's Market.
Characteristics per Quartile
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.50 - 1.0
Top/First $ 2,700,000 5425 acre 5.0 5.0 46 7 0 0 195 Most expensive 25% of properties
0.25 - 0.50
Upper/Second $ 1,495,000 4332 acre 4.0 4.0 12 7 0 3 302 Upper-middle 25% of properties
8,001 -
Lower/Third $ 674,500 2394 10,000 sqft 4.0 3.0 40 8 0 1 122 Lower-middle 25% of properties
1.0 - 2.5
Bottom/Fourth $ 399,950 1593 acres 3.0 2.0 31 8 0 0 257 Least expensive 25% of properties
Page 22 of 31 Monday November 30, 2009
23. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80302
Median Price
Despite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's high
point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.
7-day Average 90-day Average
Quartile Prices
In the quartile market segments, we see the upper-half of the market (Quartiles 1 and 2) in this zip code showing weakness
recently while the lower-half prices have remained strong. Quartiles 3 and 4 have been increasing in the last few weeks. These
convergent trends cannot continue indefinitely, so look to the Market Action Index Quartile breakdown to see which group will
change direction.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 23 of 31 Monday November 30, 2009
24. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80302
Price per Square Foot
The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently
increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action
Index for persistent changes as a leading indicator for these trends to flatten or drop.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
7-day Average 90-day Average
Page 24 of 31 Monday November 30, 2009
25. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80302
Market Action Index
The BOULDER, 80302 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action
Index stands at 18.17. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of
demand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by
analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Page 25 of 31 Monday November 30, 2009
26. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80302
Days on Market
The properties have been on the market for an average of 217 days. Half of the listings have come newly on the market in the
past 161 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 26 of 31 Monday November 30, 2009
27. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80305
This Week Real-Time Market Profile Trend
The median list price in BOULDER, CO Median List Price $ 749,000 ≠≠
80305 this week is $749,000. The 7 Average List Price $ 1,234,400
properties have been on the market Asking Price Per Square Foot $ 311 ≠≠
for an average of 265 days. Average Days on Market (DoM) 265 ==
Inventory of Properties Listed 7 ≠≠
Most Expensive Listing $ 2,880,000
Inventory has been lightening lately Least Expensive Listing $ 394,900
and the Market Action Index has been Average Age of Listing 36
trending up. Though days-on-market Percent of Properties with Price Decrease 43 %
is increasing, these are mildly positive Percent Relisted (reset DOM) 14 %
indications for the market. Percent Flip (price increased) 14 %
Median House Size (sq ft) 2709
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Supply and Demand
Median Number of Bathrooms 3.0
Altos Research Value Statistics
Inventory levels have been relatively Market Action Index Strong Buyer's 15.9 ==
consistent relative to sales. Despite The Market Action Index answers the question "How's the Market?" By measuring
the current rate of sale versus the amount of the inventory. Index above 30
the fact that there is a relatively implies a seller's advantage. Below 30, conditions give the advantage to the
high amount of available inventory, buyer.
this Buyer's market is still seeing
prices move higher. Given inventory Trend Key: == Strong upward trend ≠≠ Strong downward trend
levels, these price conditions are ±+ No change = Slight upward trend ≠ Slight downward trend
relatively fragile. If the market
cools off further, the price trend is
likely to reverse.
Characteristics per Quartile
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.25 - 0.50
Top/First $ 2,880,000 4519 acre 4.0 6.0 9 1 0 1 105 Most expensive 25% of properties
0.50 - 1.0
Upper/Second $ 1,698,500 4831 acre 4.5 3.0 40 2 0 2 378 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 699,500 2576 acre 4.0 3.0 46 2 0 1 354 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 482,400 1768 6,500 sqft 3.5 2.0 34 2 0 2 144 Least expensive 25% of properties
Page 27 of 31 Monday November 30, 2009
28. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80305
Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their
absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading
indicator for a trough in prices.
7-day Average 90-day Average
Quartile Prices
Not surprisingly, given the condition of the overall market, all quartiles have shown price strength in recent weeks. All have
been increasing in price lately. Watch for a persistent decline in the Market Action Index as a leading indicator for the top of the
market.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 28 of 31 Monday November 30, 2009
29. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80305
Price per Square Foot
The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can
see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a
precursor to price and value changes, possibly as inflection points for good investment opportunities.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
7-day Average 90-day Average
Page 29 of 31 Monday November 30, 2009
30. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80305
Market Action Index
The BOULDER, 80305 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action
Index stands at 15.90. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of
demand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by
analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Page 30 of 31 Monday November 30, 2009
31. Neighborhood Detail
Anthony Knight | 303-475-8075
BOULDER, CO
80305
Days on Market
The properties have been on the market for an average of 265 days. Half of the listings have come newly on the market in the
past 224 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 31 of 31 Monday November 30, 2009
