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Denver Real Estate from Judith Clausen
   Judith Clausen
   Broker/Owner

   303.587.3509 Direct

   Email Judith

Louisville, Colorado Real Estate and Relocation Information

Louisville colorado real estateLouisville, lying along the Boulder Turnpike technology corridor about 6 miles east of Boulder and 25 miles northwest of Denver, was first settled in 1877 as a coal town, though not owned by the coal mine as many coal towns were. The town’s name, not to be confused with Louisville, Kentucky (it’s pronounced “Lewisville,” not “Louieville”), was named for its founder, Louis Nawatny who owned land and had it platted as a town. It was officially incorporated on June 16, 1882.

The mine is gone now, as is any hint of mining. culture save for the Miners’ Memorial Statue in front of City Hall, and the memorabilia on the walls of the Blue Parrot Restaurant on Main Street, a Louisville institution in operation since 1919.

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Louisville, Colorado Real Estate

Real estate in Louisville runs from older homes near the old town to lavish newer subdivisions backing to open space.

  • Median to average price for a 3 bedroom, 3 bath home, 1600 square foot home with a two car garage and a yard is from $350,000 to $354,000. Louisville homes start out in the low $200,000s and go up to $600,000+.
  • Louisville condos and townhomes range from $110,000 to $350, with an average sale price of $208,000.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

A Frommer’s “Best Place to Live” Community

Louisville has grown from hard-working coal town to ultra-modern suburb, noted as number one in Frommer’s Best Places to Raise Your Family: The Top 100 Affordable Communities in the U.S. One of the authors of the study, Peter Sander, said, "It's how the pieces of the puzzle all fit together…The area has a great combination of setting, education, housing, local employment, comfortable climate and community feel." A new library adds to the town’s hometown feel. Louisville’s population is about 20,000.

Louisville Parks and Recreation

The town provides a modern recreational center that houses a pool, raquetball courts, steam room, sauna, weight and workout rooms, indoor track, outdoor inline skating rink, tennis courts, skate park, and a senior center. The award-winning Coal Creek Golf Course is located south of town and affords great golfing to residents and visitors alike. 1,700 acres of open space and rolling, country roads on the north side of town are popular for walking and road cycling.

Louisville shopping and Dining

Apart from the Blue Parrott mentioned above, old town Louisville has a number of restaurants for coffee, lunch or dinner. Nearby Flatiron Crossing Mall provides more opportunities for dining. Superior and Lafayette, communities close to Louisville, provide a variety of restaurants.

Flatiron Crossing Mall, one of the metro area’s newest shopping venues, hosts Nordstrom’s, Dillard’s and Macy’s and many other stores, including a movieplex in the indoor/outdoor center.

Louisville, Colorado Zip Codes

  • 80027

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