Some years the “bang” of the new year means a quick start in the Boulder real estate market. Other years we get off to a slower start. This year it has been somewhere in between. If my activity is indicative to the market as a whole I could infer that we are gearing up to a fairly decent year. Many more people are thinking about making a move this year than have in the past two years. It just feels different. It feels good that people are back in the market.
However, this doesn’t mean that it’s 2005 all over again. The market has changed. Buyers are more cautious, sellers need to be realistic in order to sell and we as brokers try to keep everyone moving in the right direction. Not always easy.
Now to some facts. I track market activity on a weekly basis. Every Thursday at 8:30 I pull a report and record the results. I track market activity on a weekly basis in Boulder County. I track new listings, price changes, homes that went under contract, homes that sold and the median price of those sales. Over time the trends are quite interesting. I have been doing this for almost two years now.