1 minute read
Carbon Valley Real Estate
by Kyle Snyder
Hi Carbon Valley! We don’t know each other very well, but I keep a sharp eye on you. Well, more precisely, your real estate activity. For the past 13 years, I have published a monthly report that specifically addresses real estate sales in the Carbon Valley.
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At the end of July 2020, I awarded the Carbon Valley my Market of the Year Award for its stellar performance. The new construction in the area has kept the supply high and the prices reasonable. The increasing prices in Longmont, now averaging over $500,000, is another reason buyers are gobbling up Carbon Valley homes.
The inventory remains quite low, and therefore homes are only on the market for an average of 46 days. We are in the slow-down period when kids are back to school, and homeowners hunker down for the winter. That being said, if you need to sell, there are plenty of buyers out there. Believe it or not, a COVID world brings out only serious buyers. Realtors won’t show homes to tire-kickers, so the showings are fewer, but you get the same results.
If you are looking for a home to buy, it’s hard to argue with the moderate average price of $433,651. The access to Ft Collins, Denver, and west to Longmont or Boulder has always been an attraction. With the addition of more shopping and services, the Carbon Valley is the most affordable region poised for excellent appreciation, equity growth, and family wealth building for years to come.
Many families do end-of-year planning. If your plans include selling your home or buying your first, or if this is the year you buy a rental or divest yourself from one, call my friend Tracy Graham at 720-272-0183. For more of my stats, go to www.longmonttitle.com.
Kyle Snyder is the local sales and marketing expert for First American Title who grew up in the Longmont area. His 21 years in the real estate business make him an indispensable asset to many new and experienced Realtors. His passion for and expertise with local real estate statistics is unparalleled and unmatched over the past 15 years.
