The Boulder County real estate statistics for September show that we are continuing a mini trend that we have seen since May. A general cooling of what had previously been an overheated market.  We are seeing properties stay on the market longer, fewer sell for over list price (see more on this below), more price reductions (steadily increasing since May), and fewer sales (down 10% from 2015 and down 3% from 2014).

First Quarter

Second Quarter

Third Quarter

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Sold for Under List Price

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Sold At List Price

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Sold Above List Price

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Avg Premium Paid for Sales Above List

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Sold for Under List Price

%

Sold At List Price

%

Sold Above List Price

%

Avg Premium Paid for Sales Above List

%

Sold for Under List Price

%

Sold At List Price

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Sold Above List Price

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Avg Premium Paid for Sales Above List

During the third quarter 37% of sales sold for less than list price, 21% sold at list price and 42% sold for above list price.  The graphics above give you an idea of how hot the market was in the second quarter (middle column in red). The third quarter and the first quarter were very similar.

The market has slowed but nice properties in good shape are still getting multiple offers.  Last week a buyer of mine was one of seven offers on a house in Boulder listed for $800,000.  Buyers are lingering, waiting for a good deal.

See the slideshow below for the current details about the Boulder County real estate market. There are slides on total sales, under contract trends, under contract % trends, price reductions compared over time, and median price.

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