Sales in Boulder County slowed a bit in June but year-to-date sales are still up 9.4%. Prices are up and inventory is still low. Last year sales peaked in June and this year we may be following suit. Spring tends to be the busiest time of year and the number of buyers in the market usually sees a drop by the end of June.
In the slide show you will see a graph showing the number of homes that went under contract on a weekly basis over the past four years. During the week between July 4th and July 11th there was a huge drop in new accepted contracts. I wonder if this is a trend caused by an increase in interest rates or if it is a blip caused by vacation schedules?