boulder county real estate statistics january 2016

Boulder County Real Estate Sales Statistics January 2016

Presented by Neil Kearney, MBA, CRS303.818.4055

www.NeilKearney.com

Copyright 2016 Neil Kearney, Kearney Realty Co.


Total sales in January were down 3% from last year. Sales

in 2015 were up 5.6% for the

year.


Inventory is quite low throughout the region.


The under contract percentage is a bit

lower than last year but still around 50% of listings are under

contract.


The market activity is a bit lower than the past few years. Inventory has

been low.


A few more listings this year than last. Maybe a sign towards more balance?


Through the end of January sales are

down 3% from 2015 and up 3%

from 2014.


The right hand column on this chart gives the

number of months of inventory

currently available in

Boulder County for each price range. NAR

(National Association of

Realtors) says that 5-6 months is a

balanced market. In different price

ranges our inventory ranges from less than a month to more than four years.

My View of the Market Inventory was at an all time low to start the

year but it seems that inventory is starting to slowly build as sellers take advantage of the strong sellers market and cash in on recent appreciation.

Interest rates have dipped recently matching 12 month lows. Buyers are taking advantage.

Prices are still appreciating quickly. Especially in the lower price ranges.


If You Plan To Make a Move Plan to call the area expert.
