These slide give an update on the real estate market in Boulder Colorado and the surrounding communities for the month ending October 2019. Presented by Neil Kearney of Kearney Realty Co. www.NeilKearney.com

1. Boulder County Real Estate Statistics
October 2019

2. Copyright 2019 Neil Kearney, Kearney Realty Co.
The number of sales in
September were up by 15%
compared to the same month
last year. YTD sales are up by
3.8% over 2018.

3. Copyright 2019 Neil Kearney, Kearney Realty Co.
As we enter the fall season
inventory drops but we are
still above the levels we have
seen over the last four years.

4. Copyright 2019 Neil Kearney, Kearney Realty Co.
This graph shows the number of active homes on the market that are
not already spoken for by a buyer at the time of reporting. At the
end of October there were more active listings than at any point over
the last five years. However, we are very similar to where we were a
year ago. Buyers have more choices in the market and that changes
the market dynamic significantly.

5. Copyright 2019 Neil Kearney, Kearney Realty Co.
The high number of price reductions we have seen in the
market are indicative of a more challenging market for
sellers. Homes are still selling at a quicker pace than a
year ago but there are more homes to choose from and
therefore some houses are staying on the market for
extended periods.

6. Copyright 2019 Neil Kearney, Kearney Realty Co.
The red line shows new listings to the
market in Boulder County so far this year
on a weekly basis. Even though sales
were up, inventory stayed high because
of the consistent number of new listings
hitting the market.

7. Copyright 2019 Neil Kearney, Kearney Realty Co.
This chart shows the number of properties going under
contract each week throughout the year. The red line shows
that the activity level this year. Activity in October was very
strong.

8. Copyright 2019 Neil Kearney, Kearney Realty Co.
This graph shows the number of closings on a
weekly basis. It’s hard to tell any difference
from past years. For the year sales are up 3.8%.

9. October sales surprised me! An increase of 15% from a
year ago showed the strength in the market even as
showings were slow and inventory was high. The average
negotiation off of list price during October was 2.42%,
which is up from 1.87% a month ago. We are still seeing
a good number of price reductions but those are slowing.
As we slow down for the holiday’s we will see a number of
active listings go off the market and resume again after
the new year.
My view of the Market
Copyright 2019 Neil Kearney, Kearney Realty Co.

10. Copyright 2019 Neil Kearney, Kearney Realty Co.