by neil kearney | Nov 5, 2009 | Boulder County Housing Trends, Statistics
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Boulder County October 2009 Real Estate Statistics –
The numbers for October are in and they are positive. The number of sales thoughout Boulder County increased when compared to the same month last year for the first time since August of 2007. I see a few causes for this: first remember last October sales were affected by the early stages of the global economic meltdown, second, the first time homebuyer tax credit is definitely helping sales locally, and third, the overall economic and credit environments are much improved.
Sales are still down over 20% for the year but if you look at the first two graphs that show sales by month, you will see that the shape of the sales curve has changed this year. We are having more consistent sales and there has not been such a drastic drop off from the summer highs. I’d love see this continue and the continuation of the homebuyer tax credit will definitely help if that gets passed.
Other stats you will find in the above presentation (click on full screen to get the best viewing) are under contract % and inventory. Overall the under contract % is still above the 15% level which usually means a healthy market. Inventory continues to stay in check.
There is no substitute for an individual analysis. So if you are considering selling or buying in the near future give me a call and I can run numbers for your specific area and price range.
by neil kearney | Oct 14, 2009 | Boulder County Housing Trends, Statistics
The slideshow below consists of 10 annotated slides showing the current real estate market conditions in Boulder County. The charts include: total sales, median price, inventory, under contract %, absorption rate by type and price range and sales by price range. Please let me know if you have any questions about Boulder CO real estate. For best viewing hit full screen.
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Boulder County Real Estate Market Trends September 2009 –
by neil kearney | Sep 4, 2009 | Boulder County Housing Trends, Statistics |
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August 2009 Statistics – The results are in and sales appear to have reached their climax in July. Closings were down roughly 18% from last August. Scroll through the slides and in addition to the number of sales you will find comparisons of median prices, under contract ratio and inventory. For best results switch to full screen.
by neil kearney | Aug 11, 2009 | Boulder County Housing Trends, Statistics
The numbers are in and for those, like I who have a glass half full view of things, the numbers continue in a positive direction. Sure, sales are down (see first chart)from last year, and the year before that … but what I focus on is the upward trend lasting through July. Most years our market peaks in May and closings peak in June, but so far we are still on an upward tact into August.
The median prices (see second chart) are holding just fine, thank you. Even with weak sales in the upper quartile, median prices are higher than they have been in quite some time. This is a big positive.
Inventory (see third chart) is just about where it was a year ago and quite a bit below two years ago at this time. The good news is that inventory went down just as sales started to drop. Not a coincidence since many in the Boulder area have not been forced to move. Think about how areas like Detroit are losing jobs in droves and people are forced to sell, well that is not happening here. We are lucky to have a strong and diverse job base.
by neil kearney | May 5, 2009 | Statistics
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I have posted these statistics as well as a short summary on my Statistics page. I will update that page monthly. To get a better view click on ‘full screen’. I love technology!
