As we move towards the holidays and winter the Boulder area real estate market is still very strong. Consistent buyer demand has put sellers in a very good position. Multiple offers on well priced properties are common. We are still seeing a wave of out-of-town buyers in various stages coming to town. I expect that this wave to continue into the spring 2021 season. The pandemic is ramping up again which may make showings more difficult in some instances, but it hasn’t seemed to dampen buyer demand.
Statistical Note: In October 2020 IRES MLS the facilitator of cooperation and the keeper of the data for Northern Colorado began sharing data again with REColorado the MLS for the Denver Metro Area. This data surge resulted in a jump in properties that are included in this report. The jump will even out over time but for now it’s difficult to know exactly how much of an effect this has on the data. Overall, the trends are still significant.
