During January 2007 there were 181 closed sales of single family homes in Boulder County. This is down 7 units from last year and down 23 units from 2005. The median price for the same criteria was $370,000; an increase of $5,000 from a year ago and an increase of $21,000 over those transactions closing in December 2006. Currently there are 350 homes on the market that are under contract. This represents 16.5% of the total inventory.

On average it took 86 for the houses that closed in January to find a buyer. Compare this to 94 days to offer for homes that closed in December. Let’s hope this trend continues. To me it seems like showings are up and there is more activity in the market!

 

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