Is Wall Street crazy or is it just me? Why is it that CEO s seem to get paid more money if they screw up? The fabled golden parachute is in full effect on Wall Street for several CEO s of large financial institutions who jumped on the sub prime market, only to lose billions for their companies.
Locally, the market is steady. We’re in a confirmed buyer’s market, but Boulder real estate continues to attract local and relocating buyers. Pricing is realistic in most neighborhoods. Here are the latest stats courtesy of IRES:
| Statistics for Boulder |
| Prepared 11/06/2007 |
| 1 Qtr. (2007) |
| Category |
# Sold |
Sales Volume |
Avg Price |
Median Price* |
| Residential |
173 |
125,636,232 |
726,220 |
580,000 |
| Attached |
144 |
39,284,733 |
272,810 |
255,750 |
| Income |
15 |
18,052,850 |
1,203,523 |
720,000 |
| Lease |
0 |
0 |
0 |
N/A |
| Commercial |
7 |
3,066,000 |
438,000 |
498,000 |
| Vacant Land |
2 |
1,255,000 |
627,500 |
N/A |
| Farms |
0 |
0 |
0 |
0 |
| 2 Qtr. (2007) |
| Category |
# Sold |
Sales Volume |
Avg Price |
Median Price* |
| Residential |
313 |
201,892,380 |
645,023 |
530,000 |
| Attached |
275 |
72,850,527 |
264,911 |
235,000 |
| Income |
12 |
12,642,620 |
1,053,551 |
895,000 |
| Lease |
0 |
0 |
0 |
N/A |
| Commercial |
4 |
5,410,000 |
1,352,500 |
N/A |
| Vacant Land |
7 |
6,457,500 |
922,500 |
575,000 |
| Farms |
0 |
0 |
0 |
0 |
| 3 Qtr. (2007) |
| Category |
# Sold |
Sales Volume |
Avg Price |
Median Price* |
| Residential |
281 |
178,799,987 |
636,298 |
563,000 |
| Attached |
241 |
70,259,926 |
291,534 |
239,000 |
| Income |
10 |
6,398,584 |
639,858 |
579,013 |
| Lease |
0 |
0 |
0 |
N/A |
| Commercial |
2 |
3,275,000 |
1,637,500 |
N/A |
| Vacant Land |
2 |
1,221,266 |
610,633 |
N/A |
| Farms |
0 |
0 |
0 |
0 |
| 4 Qtr. (2007) |
| Category |
# Sold |
Sales Volume |
Avg Price |
Median Price* |
| Residential |
66 |
49,235,344 |
745,990 |
580,000 |
| Attached |
50 |
13,947,361 |
278,947 |
233,000 |
| Income |
3 |
1,502,400 |
500,800 |
N/A |
| Lease |
0 |
0 |
0 |
N/A |
| Commercial |
1 |
179,000 |
179,000 |
N/A |
| Vacant Land |
0 |
0 |
0 |
0 |
| Farms |
0 |
0 |
0 |
0 |
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on Wednesday, November 7th, 2007 at 2:38 pm and is filed under Colorado Real Estate.
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