(Newswire.net — August 29, 2014) Boulder, Colorado — Located northeast of Boulder, Colorado in the counties of Boulder and Weld, the city of Longmont has experienced dramatic growth in recent years. It is located just 16 miles from Boulder and 37 miles from Denver, making it an attractive choice for individuals relocating to work in either city. In 2006 and 2008, Longmont was named one of the best American cities in which to live, and the numbers show that many people agree.
Longmont Real Estate by the Numbers
Longmont has a population of approximately 89,919. Over 46,000 are employed within the city, and Longmont is home to 3,456 licensed businesses. Of the people who work in Longmont, 38.7% live within the city. Longmont leads Boulder County for having the most jobs held by local residents. The unemployment rate is only 3.9%, compared to 5.2% in all of Colorado. As of 2012, the average household income was $58,789, up from $51,174 in 2000, and experts predict that this number will continue to rise.
As of August 2014, the average price per square foot for a home in Longmont, Colorado is $229. Compared to the same time period in 2013, this is an increase of 31.6%. From May 14 to August 14, 2014, the median sales price for homes was $258,000. This figure it based on a total of 484 home sales. This is an increase of $7,701, or 3.1%, compared to last year. However, the total number of home sales decreased by 22.8%.
The current median list price for a home in Longmont, Colorado is $379,000, up 18% from last year’s median list price of $319,900. The inventory of homes available for sale has decreased slightly in the past few months, making demand for the available homes higher, thus driving up the price.
Living in Longmont
Longmont has been named an excellent place to live for numerous reasons. It is a very diverse and welcoming city where it is easy for newcomers to make connections, do business and build prosperous lives. There are several thriving businesses within the city, and the nearby cities of Boulder and Denver continue to grow, making it easier to find a job. According to the Software & Information Industry Association, the highest concentration of software-related jobs in the US can be found in the Boulder/Longmont area.
The city of Longmont is also the ideal place for outdoor enthusiasts to call home. Residents enjoy over 300 days of sunshine every year and spectacular views of the Rocky Mountains. Rocky Mountain National Park is just a 30 mile drive to the northwest, and Longmont is home to more than 1,500 acres of open space and parks.
No matter what one enjoys, it can be found in Longmont. In addition to plentiful jobs and outdoor recreation areas, the city is also home to a thriving restaurant scene, numerous galleries and museums, a symphony orchestra, an excellent school system and several delightly downtown shops. The local calendar is packed with fun and unique events for residents and visitors of all ages, so there is always something new to do.
Like the city’s slogan says, “You belong in Longmont, Colorado.” A thriving city conveniently located in close proximity to Boulder and Denver, Longmont is a beautiful and welcoming place to call home. Though the number of homes in the Longmont real estate market has decreased recently, there are still plenty of move-in ready homes for sale to choose from, like a recent listing found on Staghorn Drive. If you are interested in homes in Longmont, call Boulder real estate agent Terri Cox today at (720) 323-8460.
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About Terri Cox- Boulder Real Estate Agent
As a former member of the US Navy, Terri Cox is committed to providing superior service to veterans and people in the Boulder, Colorado area. Anyone looking to buy a home or sell a home can trust her as a real estate advisor with local knowledge and market wisdom. Give her a call at (720)323-8460 or schedule your appointment online today!