Boulder Real Estate March 2014 Statistics

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The real estate statistics for Boulder County in Colorado. Presented by Neil Kearney of Kearney Realty Co.

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Boulder Real Estate March 2014 Statistics

  1. 1. Presented by Neil Kearney, MBA, CRS 303.818.4055 www.NeilKearney.com Copyright 2013 Neil Kearney, Kearney Realty Co.
  2. 2. 0 100 200 300 400 500 600 700 January March May July September November Boulder County Sales by Month Single Family and Condos 2010 2011 2012 2013 2014 Copyright 2013 Neil Kearney, Kearney Realty Co. Sales in March were down 17% from last year.
  3. 3. 0 50 100 150 200 250 300 350 400 450 January March May July September November Number of Sales Boulder County Single Family Only 2010 2011 2012 2013 2014 Copyright 2013 Neil Kearney, Kearney Realty Co. Single Family sales are down 13.5% YTD.
  4. 4. 0 500 1000 1500 2000 2500 3000 January February March April May June July August September October November December 2007 2008 2009 2010 2011 2012 2013 2014 Homes on the Market Boulder County Residential Copyright 2013 Neil Kearney, Kearney Realty Co. The inventory of available homes is down 12% from this time last year. We are making some improvement. But it is still very low.
  5. 5. 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% January March May July September November Boulder County - Percentage of Single Family Listings Under Contract 2010 2011 2012 2013 2014 Copyright 2013 Neil Kearney, Kearney Realty Co. Homes are selling very quickly. Multiple offers are common.
  6. 6. 0 20 40 60 80 100 120 140 160 1 2 3 4 5 6 7 8 9 10111213141516171819202122232425262728293031323334353637383940414243444546474849505152 AxisTitle WeeklyUnderContract 2011 2012 2013 2014 Copyright 2013 Neil Kearney, Kearney Realty Co. The sales so far are similar to 2012 and lag last years levels.
  7. 7. 0 50 100 150 200 250 1 2 3 4 5 6 7 8 9 10111213141516171819202122232425262728293031323334353637383940414243444546474849505152 BoulderCountyRealEstate NewListings- Weekly 2011 2012 2013 2014 Copyright 2013 Neil Kearney, Kearney Realty Co. Finally a spurt of new listings. This trend needs to continue in order to catch up.
  8. 8. 0 50 100 150 200 250 1 2 3 4 5 6 7 8 9 10111213141516171819202122232425262728293031323334353637383940414243444546474849505152 Sales Boulder County Real Estate NumberSold - Weekly 2011 2012 2013 2014 Copyright 2013 Neil Kearney, Kearney Realty Co. Sales are behind last year by 14% and exactly the same as 2012 through the first quarter.
  9. 9. My View of the Market  Sales in March were 16.6% lower than the same month last year.  Inventory continues to be very low however we have seen some recent improvement in this measure. Maybe all of the sellers were waiting for spring.  Multiple offers are very common on new listings.  The spring buyers are starting to think about real estate and for most there is not much on the market to see. Very difficult of out-of-town buyers. Copyright 2013 Neil Kearney, Kearney Realty Co.
  10. 10. Copyright 2013 Neil Kearney, Kearney Realty Co.

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