Welcome

Thanks for visiting our website.  We are truly working on making this site an informative place where you can learn all that you will want to know about Life in East County.  Or better said life in Erie, Lafayette, Louisville and Superior, Colorado – The Coal Creek Watershed. 

So what does that mean?  Well as we have learned real estate is a fairly comprehensive concept.  The basic idea of real estate is land, houses and buildings; however, the broader aspect is location, community and demographics.  When one makes a real estate purchase they are buying much more than a place to eat and sleep or have a business.  They are joining a community and making a contentious choice of where they want to live, work and play.

Based on this - our intention is to create sight that will offer you information about your home, your neighborhood and your community.  We will provide neighborhood statistical information, neighborhood characteristics and neighborhood geographic significance. We will write about great up coming community events and activities.  We'll have a section on interesting community members and what they are doing to make our communities special. 

We also will try to make it interesting with guest articles, links to other community resources, YouTube video and interesting polls so you can see how others in your community think.

So thanks for stopping in and please come back again soon.  Each time you visit I am sure you will find something interesting to read or view.  And if you don't let us know - we certainly will do our best to keep this site fresh.

Regards -

New Location to better serve the East County Market

Happy 2013 - It’s our sincere wish that 2012 was a good year for you and that the new year brings you great opportunities. For us, this past year has been one of growth and change.  As you may recall, at the beginning of 2012, Walnut Realty Lafayette became Coal Creek Brokers.  For the most part this change was in name only.  As a satellite office of Walnut Realty Boulder, we worked autonomously for 3 years; however, in creating a new brand, we needed to reconfirm to our clients that little had changed to our personalized local services.  We feel fortunate that it’s been a successful transition and that clients of old and new have seen the new brand as a better offering for their real estate needs.  This proof was reflected in the numbers.  In 2012 we saw 40% growth in revenue and 30% growth in transaction volume.  

In 2013 more change is on way – in December, we relocated our office to (95^th and Arapahoe) next door to The Brewing Market.  We’re made this move for two reasons.  One, the space offers us the opportunity to grow the brokerage with staff and associates.  Two, the 95^th corridor is soon becoming the East County commercial center and we want to be a part of that growth.  We are confident that this location will help us to service the East County residential market in way that no other brokerage can. 

So for 2013, our goal continues to be the East County’s boutique brokerage.  We’re confident that the demand is there, however, we truly can not do it without your support.  If you or a friend is considering a move, please let them know about us.  In the case, you refer to another firm or agent, all I ask is that you include us, we welcome the opportunity to discuss how our service is second to none, and am confident that your friends will be thankful.

Market Update

2012 showed us many promising signs that the East Boulder market continues to strengthen off it’s lows of the past few years.  This area continues to draw families from every direction in the US.  Currently, our only limitation is the inventory which is causing price increases.

In Lafayette - we saw a strong year over year increases in number of transactions as well as pricing.  With a 15% increase in transactions for single family and attached dwellings at an average price of $385,000 for Single Family and $185,000 for attached, total sales volume was over $139 million.

In Louisville - the numbers are equally strong.  With a 16% increase in transactions for single family and attached dwellings at an average price of $432,000 for Single Family and $228,000 for attached, total sales volume was over $113 million.

With the cost of money remaining low and as prices continue to rise in Boulder - Boulder flight is certain to continue to fuel the market in East County.  Look no further than new build developments in both Lafayette and Louisville as the barometer.  Steel Ranch nears build out in only a year and half, Coal Creek Village has seen incredible growth and nears build out too.   So it’s a great time to make a move in the area - so please give us a call to discuss your real estate optionse.

Old Town Louisville (May, 2012)

If you have been living here in the past 5 years – you’ve seen Old Town Louisville come alive.  It has always been quant and charming but in the past few years it has taken fire.  Commercially and residentially, Old Town Louisville has become the spot for East County and really the county as a whole.  Commercially – it’s as hot as Pearl Street, and residentially, other than core Boulder, it has seen the greatest amount of remodeling in Boulder County. 

Centrally located with easy access to the 36 corridor, Boulder and beyond,  Old Town provides the best of small town living with easy city access.  Walking distance to great restaurants, shops and cafes and short drive to all other commercial needs – living is easy in Old Town.  Combined with it’s progressive business association – Old Town hosts endless weekend events like concerts, art fairs and farmers markets.  If you want it all….Old Town Louisville is worth a look.

Old Town Louisville  Market

In general, properties in Old Towns vary greatly in physical age, style and size, therefore, detailed analysis is critical to really understand these types of markets.  In Old Town Louisville there are several types of properties.  Smaller homes that are dated and need work,  smaller homes that have been modernized, and larger new or total remodeled with additions.

Robust is an understatement when talking the Old Town Louisville market.  Currently, Days to Offer in Old Town Louisville can literally be counted on one hand.  Days on Market is around 50 with the only limitation to this number being the lenders ability to close.  This is a hot market.   As for pricing, average price per square foot is right around $250, with the smaller and dated properties being closer to $300.  This inversion is due to the limitation of vacant lots in Old Town.  The smaller, older homes are being sold for their lots at roughly $250 -$300k.   Prricing varies based on proximity to main street and rail road tracks on East side of town. 

While it’s certain Old Town Louisville has seen great change in the past years, it’s all but certain it will see even more change in the coming years and pricing certainly will continue to rise along with its charm.