Monday, January 26, 2015

Martin Acres Index Jumps 12.7% [Analyze This]

by Osman Parvez


Planning to buy or sell Boulder real estate? Pay close attention to market conditions if you want to make a smarter real estate decision. 
House Einstein's Martin Acres Index (MAI) is the average sale price for arms length transactions of basic 3 bedroom, 1 bath ranches in Martin Acres. The data is cleaned for duplicates and other common errors and covers 18 years of market activity. 

Pay attention to the MAI - even if you're shopping for other property types, price ranges, or locations. It's the most uniform neighborhood and property type in Boulder.     

Last year, the index jumped 12.7% and crossed $400,000 for the first time, the second largest historical increase.     

Will 2015 show an even stronger increase? You'll find a detailed analysis and our forecast in the upcoming House Einstein Report. Sign up below. 

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

3 comments:

  1. Hi. Interesting data. It doesn't appear to be adjusted for inflation, which might be more accurate.

    Dan

    ReplyDelete
  2. Hi Dan,
    The point of the index is to track the most uniform and basic house price in Boulder. This month's research report will show the appreciation rate, sales volume, and other relevant data for the MAI. There's a link at the bottom of this post to subscribe.

    ReplyDelete
  3. those prices are in the dust now, market really jumped since this was posted

    ReplyDelete