boulder county real estate statistics - september 2016

Presented by Neil Kearney, MBA, CRS

303.818.4055

www.NeilKearney.com

Copyright 2016 Neil Kearney, Kearney Realty Co.


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NumberofSales- BoulderCountyAllProperties

2013 2014 2015 2016

Total sales in September were down 10.6% from last year. Sales are down 10% through the 9 months of the

year.


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BoulderCountySingleFamilyEndofMonthActiveInventory

2012 2013 2014 2015 2016

Inventory has been rising throughout the summer and has now leveled out at a level higher than each of the

last three years.


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60.0%

70.0%


BoulderCounty- PercentageofSingleFamilyListingsUnderContract

2012 2013 2014 2015 2016

44% of the active listings were under

contract at the end of September. This statistic

peaked in May at around 55%. We are

now seeing more choices on the market.


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BoulderCountyRealEstateNewListings- Weekly

2013

2014

2015

2016

Overall the market activity has been a bit

lower than the past few years however the pace of slowing has eased.

Some of this may be re-listing of homes that

haven’t sold


This chart shows the number of properties going under contract each week. There has been less activity this

year than last year.


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Sales

BoulderCountyRealEstate

NumberSold-Weekly

2014

2015

2016

Through the end of September sales are down 10% from 2015 and down 3% from

2014.


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$300,000

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$500,000

$600,000


MedianSalesPricebyMonth

BoulderCountySingleFamilyOnly

2010 2011 2012 2013 2014 2015 2016

Prices have been consistently rising over the past five years. However, it seems

that the upward pressure has eased a bit since June.


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5.0%

10.0%

15.0%

20.0%

3rdQtr.2011

4thQtr.2011

1stQtr.2012

2ndQtr.2012

3rdQtr.2012

4thQtr.2012

1stQtr.2013

2ndQtr.2013

3rdQtr.2013

4thQtr.2013

1stQtr.2014

2ndQtr.2014

3rdQtr.2014

4thQtr.2014

1stQtr.2015

2ndQtr.2015

3rdQtr.2015

4thQtr.2015

1stQtr.2016

2ndQtr.2016

AnnualHomeAppreciationfromFHFA.govBouldervs.UnitedStates

BoulderCounty UnitedStates

According to FHFA.govappreciation in Boulder

County for the year ended June 30th was

14.72% and ranked #1 in the nation.


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PriceReductions

2013

2014

2015

2016

Presented here are the number of price reductions

made each week over the past four years. When houses are

selling fast there are fewer price reductions. We have seen a steady climb in price

reductions since May.

My View of the Market

The market has slowed – houses are staying on the market longer, there are more price reductions and fewer

properties going on the market. However, nice properties in good shape are still getting multiple offers. Last week a buyer of mine was one of seven offers on a

house in Boulder listed for $800,000. Buyers are lingering, waiting for a good deal.


boulder county real estate statistics - september 2016

Real Estate