Boulder Real Estate Inventory Increasing

More homes are finally coming on the market in Colorado, and in the Boulder Valley area than we have seen in a while.

If you’re renting, or thinking that you might wait just a bit longer to buy a home, don’t make a critical mistake. Home sales are up as we’ve seen between 30% and up to 80% increases in sales month over month, year over year.

Now just as we see the impact of increased homes sales the last couple of years or so, the upwards pressure on prices has finally happened, and I’m seeing homes with multiple offers within just a day or two (or maybe just a few days). As long as you’re priced right as a seller, you’re likely to see this work well for you.

Priced a little high? It still might work, as long as you have the right stuff that buyers are looking for in your house for sale.

Call, text, or email me today! 

I’d seriously enjoy having the opportunity to talk to you about your plans if you’re moving, or if you know someone who is considering a move, and needs some straight answers.

What I think may happen, now that we are seeing an uptick in the inventory (homes for sale) is a possible stabilizing factor. Just as prices seem to have seen some upward pressure, more homes are coming on the market. Supply increase, demand the same? … Prices stop rising. Now we may see a more even market, unless of course we see more demand.

With interest rates still very low (4.0% for a conventional, non-FHA, 30 year fi

xed rate as of this week) it’s still a great time to buy. While it’s not the sub-3% rates we saw recently, this is still historically low interest. Anyone remember the 1980’s and double-digit rates?

Some data points for the entire local MLS (Multiple Listing Service) in our metro area:

Residential Highlights:

  • 20.5% increase in the number of closed sales year-over-year
  • 21.2% increase in the number of closed sales year to date
  • 37.2% decrease in average days on market (49 days in May)
  • 22.6% decrease in active listings
  • 21.9% increase in new listings
  • 9.1% increase in average price – sold ($335,776 in May)
 I hope you found this helpful. It’s time to take action, so you don’t get left behind!

Zachary Epps, GRI, ABR, REALTOR®, Eco-Broker®, full-time RE/MAX professional, and author of

The Boulder Real Estate and Neighborhood Guide 

The Boulder Condo Guide 

The Home Buyer’s Handbook

Call, text, or email me today!… I’d seriously enjoy having the opportunity to talk to you about your plans if you’re moving, or if you know someone who is considering a move, and needs some straight answers.

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