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Boulder County Real Estate - December 2017 Statistics

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This slide deck gives the overview of the real estate market conditions in Boulder Colorado. Presented by Neil Kearney of Kearney Realty Co. To see more information like this, go to www.NeilKearney.com

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Boulder County Real Estate - December 2017 Statistics

  1. 1. Presented by Neil Kearney, MBA, CRS 303.818.4055 www.NeilKearney.com Copyright 2018 Neil Kearney, Kearney Realty Co. Boulder County Real Estate Sales Statistics December 2017
  2. 2. Copyright 2018 Neil Kearney, Kearney Realty Co. Cumulative Sales for the year are down 5.45% when compared with 2016 although sales in December alone are up 3.5% over the previous year.
  3. 3. Copyright 2018 Neil Kearney, Kearney Realty Co. Up until June you can see that Inventory was actually significantly increasing over the previous two years. However, since a peak in June inventory has leveled out and has been slightly less than last year on a monthly basis.
  4. 4. Copyright 2018 Neil Kearney, Kearney Realty Co. Just over 44% of the active single family home listings were under contract at the end of December. Just over 44% of the active single family home listings were under contract at the end of December.
  5. 5. Copyright 2018 Neil Kearney, Kearney Realty Co. The purple line shows new listings to the market in Boulder County on a weekly basis for 2017. 2018 is off to a good start in terms of new listings and activity on those listings.
  6. 6. Copyright 2018 Neil Kearney, Kearney Realty Co. This chart shows the number of properties going under contract each week. Looking at the red line you can see that recent activity is greater than both 2017 and 2016. This is a good sign for a quick start to 2018.
  7. 7. Copyright 2018 Neil Kearney, Kearney Realty Co. Cumulative yearly sales for 2017 were up 4.7% over 2016 in part due to a large spike late in the year.
  8. 8. My View of the Market Current Trends in the Market: December is almost always the slowest month of the year. Many potential sellers wait until January to list their homes knowing that the holidays take precedence over house hunting. However, the activity in December was strong giving good momentum as we start 2018. One key to 2018 is having enough listings to encourage buyers to get into house hunting mode. Many buyers have been on the sideline waiting for an ample supply of ”for sale” signs in their preferred neighborhood. Copyright 2018 Neil Kearney, Kearney Realty Co.
  9. 9. Copyright 2018 Neil Kearney, Kearney Realty Co.
  10. 10. Copyright 2018 Neil Kearney, Kearney Realty Co.

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