In January 2020, Boulder County experienced a 27% increase in real estate sales compared to the previous year, following a 24% increase in December. Despite a rise in listings and inventory, 47% of all listings were already under contract, indicating strong market activity. The market started off solid with many properties receiving multiple offers, emphasizing the need for competitive pricing from sellers.

1. Boulder County Real
Estate Statistics
January 2020

2. Copyright 2020 Neil Kearney, Kearney Realty Co.
Following up a 24% increase in
December, sales were up 27% in
January when compared to a
year ago.

3. Copyright 2020 Neil Kearney, Kearney Realty Co.
Our inventory is up from the
last few years. But activity is
up as well. 47% of all listings
are already under contract.

4. Copyright 2020 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. Even
though gross listings are up, at the end of January available
inventory was slightly below where it was a year ago.

5. Copyright 2020 Neil Kearney, Kearney Realty Co.
Even though sales activity is strong there are still many price
reductions. Seller’s need to be competitive in order to compete.

6. Copyright 2020 Neil Kearney, Kearney Realty Co.
The red line shows new listings to the
market in Boulder County so far in 2020. We
are seeing a good supply of new listings to
the market so far this year. The market is off
to a solid start.

7. Copyright 2020 Neil Kearney, Kearney Realty Co.
This chart shows the number of properties going under
contract each week throughout the year. The red line on the
left shows the good early activity in the market so far in 2020.

8. Copyright 2020 Neil Kearney, Kearney Realty Co.
This graph shows the number of closings on a
weekly basis. Both January and December were
up sharply from a year ago.

9. The real estate market in Boulder County is off to a good
start! Sales were up by 27% from a year ago and were
higher than our five-year average. I have been involved in
three multiple offer situations in the past month. These
were on homes that have been upgraded beautifully and
buyers love a home that is ready to go! We are also
seeing a steady flow of new listings to the market.
My view of the Market
Copyright 2020 Neil Kearney, Kearney Realty Co.

10. Copyright 2019 Neil Kearney, Kearney Realty Co.