Boulder County real estate sales statistics for December 2017 show a 5.45% decline in cumulative sales compared to 2016, though December sales increased by 3.5%. Inventory levels peaked in June but have since leveled out, with over 44% of active single-family home listings under contract by the end of December. A strong December indicates positive momentum entering 2018, but sufficient listings will be crucial to motivate buyers who have been waiting for more homes to appear on the market.

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. 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. 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. 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. 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. 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. 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. 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. Copyright 2018 Neil Kearney, Kearney Realty Co.

10. Copyright 2018 Neil Kearney, Kearney Realty Co.