The numbers are in for real estate sales in Boulder County. Sales during May showed continued strength and were a result of the good sales activity in March and April. Sales of all residential property in Boulder County are up 32% year-to-date and May sales were up 27.6% compared to May 2009. Sales of single family homes are up 34% year-to-date and 32% from last March. The sales activity was mostly due to carryovers from past months. New activity fell with the expiration of the tax credit. Interest rates and move-up buyers continue to fuel growth.
Lately the activity has waned a bit but it seems that the baseline of the market has increased even without the tax credit. Interest rates are still outstanding and being early summer there are great new properties coming on the market often.