Boulder County Real Estate Statistics - March 2016
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Transcript of Boulder County Real Estate Statistics - March 2016
Boulder County Real Estate Sales Statistics March 2016
Presented by Neil Kearney, MBA, CRS303.818.4055
www.NeilKearney.com
Copyright 2016 Neil Kearney, Kearney Realty Co.
Total sales in March were
down 20% from last year. For the
first three months of the year sales are
down 14%.
Inventory has been consistently below past years level. This chart represents all active
listings including those that are under contract. So roughly divide by 2 to get the listings on which you could make an offer.
Overall the market activity has been a bit lower than the past few years.
Fewer listings for buyers to buy.
This chart shows the number of
properties going under contract each week. We
are currently on the low end of the range for the last
four years.
My View of the Market Inventory is slowly rising but overall it isn’t
meeting the high demand of the many buyers looking for a new home.
As a result of the low inventory and a bit of a slow start sales are down 14% compared to the first quarter last year.
Multiple offer situations are very common. One of my buyer clients was one of 29 offers on a townhome in Boulder listed for $389,900.
As a result, prices are rising rapidly.Copyright 2016 Neil Kearney, Kearney Realty Co.