December was a strong month in the local real estate market. Sales in Boulder County were up 8.8% compared to last December. This strong result helped bring the year end sales total to just 3% behind 2013. Inventory of homes on the market continues to be a concern. At the end of December there were just 579 properties on the market in Boulder County that were not already pending. This is the lowest figure since I have been tracking it. Hopefully there are many sellers getting their homes ready to sell this spring. The demand is there and sellers have seen good appreciation over the past three years. The slideshow below gives a detailed view of what has happened in the Boulder area real estate market over the past four years.
