4 bed 4 bath single family home in Somerset Estates, Niwot. JUST SOLD Property Summary
Note – to maintain data accuracy we track real estate activity for residential attached condos and duplexs together with detached homes in the core Niwot area. We exclude property outside the core Niwot area as well as vacant land and commercial property.
Median home sale price is DOWN SLIGHTLY since June 2018 ($792,000K).
Average Home Sale Price is UP SIGNIFICANTLY since June 2018 ($832K)
Price per SQFT is UP SLIGHTLY since June 2018 ($252 per SQFT).
Inventory is trending SLIGHTLY DOWN since June 2018 (25 Listings).
Closings are LEVEL since June 2018 (11 Closings).
Days on Market are trending UP since June 2018 (38 Days)
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Real Estate Market Stats
We watch the market like a hawk, always analyzing past performance and anticipating future risks and opportunities. Our number one goal is to tell you what the data really means and how it will impact your current and future home value.
Boulder County Real Estate Market Data Courtesy of Boco Realty LLC
Overall Market Review
Niwot has enjoyed five years of strong real estate appreciation.
What Does This Mean Going Forward?
We’re seeing signs that we’re in a post boom and expect solid and steady growth.
The luxury market has been slow but solid.
Condos and Attached Homes
Attached homes have appreciated significantly over the last five years.
There is limited land inventory within the core Niwot township, but not across the Greater Niwot area.
Rental prices jumped sharply over the last five years.
buyer or seller?
$250K to $500K
$500K to $750K
$750K to $1M
$1M to $2mm
Dig Deeper Into The Numbers
Take a deeper look at the data for Niwot. Keep in mind that Niwot isn’t technically a town and doesn’t have an official area boundary. Where possible we provide you with the “median” and “average” stats to help smooth out any outlier sales that bump the numbers. Most large real estate portals lump us into the 80503 zip code and generate incorrect market stats. Our data is sourced from MLS listings (IRES), courtesy of Boco Realty LLC. Where possible, we supplement MLS data with additional County data that does not appear on the MLS. If you really love stats you can click on the “View More Detailed Stats” button below and see data broken down by type of property, price range, SQFT, number of bedrooms and SQFT.
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