October Real Estate News

October Real Estate News

October Real Estate News
What a fantastic Fall it has been so far with the beautiful colors and a plethora of perfect sunny, 70-80 degree days. Our climate truly has one of the best Fall seasons and we hope you have been able to get out and enjoy all our area as to offer. Whether it is hiking or biking on the trails, sitting on the sidelines at a sporting event or just enjoying a bite/beverage on one of our great rooftops.

Halloween is just a couple weeks away and we have included a list of things to do in Boulder. Pictured above is our recent trip to Munson Farms on Valmont for our annual pumpkin patch. We love going there for the experience and to support a fantastic local business. We also went to Anderson Farms last weekend with a group of friends and cooked hot dogs, brats and roasted s'mores out at one of the fire pits.  We have been advised since we moved into four mile creek of how fun and great it is for trick or treating. If you would like to come with us or park close-by, just shoot us a note. We will be hosting some kid and adult fun for everyone! 

The real estate market is still jamming here in Boulder. Whereas we normally see a slowdown historically during this time of year, there has actually been an uptick of inventory. Please see our metrics section below for more market news.

If you are thinking about buying or selling a property, please reach out. We will access your current situation and let you know if now is the right time to make a sale or purchase.

We hope you are all thriving and well and as always, thank you for you support and friendship and we hope to see you all very soon!
Spooktacular Halloween Activities in Boulder, CO

As the leaves turn to vibrant hues of orange and the air becomes crisp, Boulder comes alive with the spirit of Halloween. With its rich cultural heritage and love for the outdoors, our town offers a unique blend of spooky and fun activities for Halloween enthusiasts of all ages. Here's a list of must-do Halloween activities in the Boulder area:

1. Haunted Houses and Attractions There are a variety of spine-tingling haunted houses and attractions for those seeking a good scare. From dark mazes to horrifying characters, these places are perfect for thrill-seekers. Some notable options include the "Terror in the Corn" at Anderson Farms and the "Haunted Field of Screams." Also, don't miss Boulder High's haunted house put on by their thespian group that might be the scariest of them all!

2. Trick-or-Treating on Pearl Street Mall The Pearl Street Mall is Boulder's iconic pedestrian-friendly street that's known for its unique shops, street performers, and vibrant atmosphere. On Halloween, it transforms into a family-friendly trick-or-treat extravaganza called the "Munchkin Masquerade". Local businesses often participate in handing out candies to children in costumes, creating a lively and festive environment. Also, for adults looking to do a fun activity the Saturday before, don't miss the Pearl Street "Halloween Bar Crawl." 

3. Explore a Pumpkin Patch Picking the perfect pumpkin is a cherished tradition during Halloween. Boulder's numerous pumpkin patches offer a delightful experience for families. In addition to pumpkin picking, you can enjoy hayrides, corn mazes, and even petting zoos at some of these locations.

4. Costumes Galore Finding the right costume is an essential part of Halloween, and Boulder has you covered. Visit local costume shops and thrift stores to find or create your ideal ensemble. Whether you're going for spooky, funny, or creative, you'll find everything you need. The Ritz on Walnut is a must visit if you are looking for a costume here in town.

5. Halloween Movie Nights Keep an eye out for special Halloween movie screenings at local theaters. You can catch classic horror films, family-friendly favorites, and even outdoor screenings in some of Boulder's scenic parks.

6. Ghost Tours and Haunted History Boulder is steeped in history, and its haunted past comes to life through ghost tours and spooky tales. Join one of the many tours that delve into the city's haunted history and urban legends. It's a great way to mix history with a touch of the supernatural. Check out the Columbia Cemetery or the Hotel Boulderado for the Ghost Tours. Also, the Stanley Hotel in Estes Park is known to have many ghosts and orbs to be seen on their tour. 

7. Fall Hikes and Outdoor Adventures Boulder's picturesque surroundings are perfect for outdoor enthusiasts. Enjoy the cool autumn weather by going for a hike or bike ride in the beautiful Boulder County Open Space areas. The changing leaves and scenic trails create a magical autumn atmosphere.

8. Local Halloween Festivals Check for Halloween-themed festivals or events happening in the area. These often feature food vendors, live music, costume contests, and a variety of activities for all ages.

9. Creative Arts and Crafts Boulder's local libraries and community centers may host Halloween-themed crafting sessions and activities for children. It's an excellent way to get the whole family involved in the Halloween spirit.

Halloween is not just about costumes and candy; it's a time for the community to come together and celebrate the season in a unique and memorable way. Whether you're seeking spine-tingling scares or family-friendly fun, Boulder has something for everyone.

Boulder County Metrics:
Boulder County Figures
The story for the Boulder real estate market is pretty much the same as last month, flat. Prices are holding (down 0.7% on average), and things are sitting longer (49+ Days on Market*). If we look at the Market Action Index, prices have stabilized and we are still in a "slight" sellers market. If we look at the CAR (Colorado Association or Realtors) stats, we are at 3.4 months supply, indicating a slight buyers market. Either way, we have finally reached a "balanced" market which is a nice change from the past 3 years.

We have noticed a significant rise in new listings over the past month. Newly listed single family homes are up almost 9% and inventory is up 4.4% overall when compared to September of last year. This is a unique jump seasonally and, as such, we are witnessing many opportunistic buyers come out of the woodwork.

At SRE, we are predicting prices will hold for the next 4-6 months and then continue to rise as rates drop next year (somewhere around Q2 2024 hopefully). In the short term, if you are a seller, now is an amazing time to try to list your home before the holidays to see if there are any sellers trying to take advantage of the market. Similarly, if you are a buyer, now is an amazing time if you can afford the higher rate and lock in a low price prior to refinancing in a couple years (the increase in your home's price over the interim should more than offset the premium you pay in financing).

Please contact us today for creative and easy ways to finance your next purchase. We also have an extensive list of providers if you would like a recommendation--we just purchased our new home this year, so we are very familiar with rates and what to expect in this current climate!

*Market Index and CAR statistics vary
Colorado Association of Realtor's Market Summary - Boulder
Colorado Association of Realtor's Market Summary - Denver Metro
Featured Properties:
JUST LISTED: 1437 Snowmass Ct, Boulder, CO 80305


Property Description:
Rare opportunity to own a home in one of Boulder's most coveted neighborhoods, Pocket Park. Completely redone by SOBO Homes in 2021, this four (or five) bedroom three-bath home has everything ready to walk in and enjoy. Views, brand new everything with an open concept floor plan--no detail has been left out. Close to Boulder's premier schools, hiking trails, and restaurants, you will not be able to find something like this right now on the market. Low key HOA and community park, enjoy the views of the Flatirons while you cook and entertain from the kitchen and deck. Don't fight the city for permits and pay the high prices per sqft for new construction, the hard work has been done for you! For those needing an extra room, the lower level recreation room can easily be converted into a conforming 5th bedroom just by adding a door. Offered at $1,589,500. 
Under Contract: 1606 Cottonwood Dr 16S, Louisville, CO 80027

Property Description:
This great Louisville condo offers a convenient and active lifestyle for couples, small families or students. With two bedrooms, one bathroom, bike storage, coin laundry, parking, garden area and storage - you'll have everything you need! The balcony is situated above the peaceful garden level with picnic tables and gazebo equipped with coal grills available on property providing plenty of outdoor living. The close proximity to public transportation, parks, playgrounds, dog parks and top hospitals make this an ideal spot for an active lifestyle or family. There is even a nearby golf course and plenty of bike trails for a fun day outside. The quaint historic downtown area is also easily walkable letting you explore the city's unique attractions and dine at outdoor restaurants. With easy access to nearby towns, Silvertrees East Condos make for an effortless commute. If you're looking for a home that provides all the comforts of modern living with plenty of opportunities for adventure - look no further than Silvertrees East Condos! Enjoy the sunny Boulder weather and find yourself at home in this awesome living space.
Get a free home evaluation
We are proud of our boutique brokerage and the ability to win contracts and provide exceptional service in this unbelievably competitive market. With almost all of Boulder's brokerages being national and part of a big brand, we are one of the few small, family-owned, local real estate brokerages left. We promise to provide you the highest level of service and complete knowledge of the local market place.

The only way we are able to continue to grow is through our client and friend referrals. Thank you for trusting us, and please keep the referrals coming. We appreciate it more than you know! We want to be the best team we can be for you and will continually focus on creating value and a superior experience for our clients. 

Please contact us any time and, as always, thank you for choosing us as your trusted real estate experts!
Sandrock Real Estate
Real Estate Professionals
Office: 720.704.1769
Mobile: 303.249.5599
[email protected]
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