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Colorado Real Estate Summary
Colorado real estate is a mixed market. There are some really hot areas like the cities of Ft. Collins, Aurora and Vail. In other areas, such as Boulder and the suburbs of Denver, the growth has slowed and remains at an even level. The economy is still very good, and many corporations are building business in the state, making Colorado relocation appealing to many families.
Colorado homes sell for an average of $175,000. In the cities of Vail, Steamboat and Aspen, which are near luxury ski resorts, they can reach a million dollars or more. The higher priced the house, the longer it will sit on the market, however.
Ft. Collins real estate is hot. It was voted the best place to live in the country and the demand proves it. Houses are hardly listed before one, or even several offers are given over the asking price. The average sale price is $225,000. The lower priced the house, the faster it sells.
Boulder real estate has leveled off after many years of growth. The average house in Boulder will be on the market for 60-90 days and sell for 90-95% of its asking price. The average price is $166,000. |