Boulder County Real Estate Statistics - May 2016
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Transcript of Boulder County Real Estate Statistics - May 2016
![Page 1: Boulder County Real Estate Statistics - May 2016](https://reader035.fdocuments.us/reader035/viewer/2022070515/5878e2891a28abfa038b4cdf/html5/thumbnails/1.jpg)
Boulder County Real Estate Sales Statistics May 2016
Presented by Neil Kearney, MBA, CRS303.818.4055
www.NeilKearney.com
Copyright 2016 Neil Kearney, Kearney Realty Co.
![Page 2: Boulder County Real Estate Statistics - May 2016](https://reader035.fdocuments.us/reader035/viewer/2022070515/5878e2891a28abfa038b4cdf/html5/thumbnails/2.jpg)
Total sales in May were down
9% from last year. For the first
five months of the year sales are down 11%.
![Page 3: Boulder County Real Estate Statistics - May 2016](https://reader035.fdocuments.us/reader035/viewer/2022070515/5878e2891a28abfa038b4cdf/html5/thumbnails/3.jpg)
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.
![Page 4: Boulder County Real Estate Statistics - May 2016](https://reader035.fdocuments.us/reader035/viewer/2022070515/5878e2891a28abfa038b4cdf/html5/thumbnails/4.jpg)
53% of the active listings were under contract at the end
of May.
![Page 5: Boulder County Real Estate Statistics - May 2016](https://reader035.fdocuments.us/reader035/viewer/2022070515/5878e2891a28abfa038b4cdf/html5/thumbnails/5.jpg)
Overall the market activity has been a bit lower than the
past few years. Fewer listings on
the market. End of May inventory is
down 45% from two years ago.
![Page 6: Boulder County Real Estate Statistics - May 2016](https://reader035.fdocuments.us/reader035/viewer/2022070515/5878e2891a28abfa038b4cdf/html5/thumbnails/6.jpg)
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.
![Page 7: Boulder County Real Estate Statistics - May 2016](https://reader035.fdocuments.us/reader035/viewer/2022070515/5878e2891a28abfa038b4cdf/html5/thumbnails/7.jpg)
Through the end of May, sales are
down 11% from 2015.
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My View of the Market Inventory is still very low. In the lower end of the
market price range the competition between buyers for available homes is especially strong.
As a result of the low inventory and a bit of a slow start sales are down 11% compared to the first quarter last year.
Prices are rising rapidly. It seems that if sellers overprice their home they
risk being on the market for a long time. Buyers tend to move on.
Copyright 2016 Neil Kearney, Kearney Realty Co.
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If You Plan To Make a Move Plan to call the area expert.
Copyright 2016 Neil Kearney, Kearney Realty Co.