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Louisville, Colorado Real Estate and Relocation Information
Louisville,
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.
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
Louisville, Colorado Hospitals/Medical Centers in Area
Louisville, Colorado Weather
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