Boulder Sales Activity

Thought it might be time for some Boulder County real estate market sales activity information for you.

The real estate market has been very busy this year as things kicked into high gear as early as February 2012.

I’m including a couple of charts for those of you who like to look at charted data, and you’ll see here that a lot has changed since the drastic drop in activity and uncertainty that dominated the time period of just a few years ago.

Follow my link and read more about what’s going on and get a summary of what’s been happening.

Call, text, or email me today!

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

From one of the data analysis foks in my office: (parenthetic comments are mine)

  1. Active listings are down 4.33% from July/2012. (“low inventory / less homes for sale)
  2. Homes priced from $1,000,000 and up have a current Absorption Rate of 492 days (16.2 months). This is down from 547 days (18.0 months) in July/2012. (homes aren’t taking as long to sell in this price range, but it’s still quite a long sales cycle compared to the median priced homes)
  3. Total single family and attached unit sales continue to track 2008 figures, currently down 4.62%. (while this sounds strange to those of us in the business, or consumers who have been trying to buy… I guess the overall data makes sense. However, for any of us working to find homes for sale, it’s been a tough road as there are few available homes for sale, and those that come up are under contract very quickly)
  4. Single family sales are up 22.90% through August/2012 compared to through August/2011; attached unit sales are up 24.42% for the same time periods; overall market is up 23.30% for the same time periods. (What?! It looked like the above statement contradicts what I just said… okay you data crunchers, take a look at tell me what I got wrong.)
  5. August/2012 market was up only 6.06% compared to August/2011 market.
  6. Assuming the current pace of sales activity for the balance of the year, I project total single family and attached unit sales for 2012 will be approximately 4,217.

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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