In Boulder County, total real estate sales fell by 9% in May and 11% in the first five months of the year compared to the previous year. Inventory levels are significantly low, with a 45% decrease in available listings since two years ago, leading to strong competition among buyers, particularly in lower price ranges. Despite low sales, home prices are rising rapidly, and sellers face risks if they overprice their properties.

1. Presented by Neil Kearney, MBA, CRS
303.818.4055
www.NeilKearney.com
Copyright 2016 Neil Kearney, Kearney Realty Co.

2. Copyright 2016 Neil Kearney, Kearney Realty Co.
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January February March April May June July August September October November December
Number of Sales - Boulder County All Properties
2013 2014 2015 2016
Total sales in May
were down 9% from
last year. For the
first five months of
the year sales are
down 11%.

3. Copyright 2016 Neil Kearney, Kearney Realty Co.
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January February March April May June July August September October November December
Boulder County Single Family
End of MonthActive Inventory
2012 2013 2014 2015 2016
Inventory has been consistently below past years level.
This chart represents all active listings including those
that are under contract. So roughly divide by 2 to get
the listings on which you could make an offer.

4. Copyright 2016 Neil Kearney, Kearney Realty Co.
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
January February March April May June July August September October November December
Boulder County - Percentage of Single Family
Listings Under Contract
2012 2013 2014 2015 2016
53% of the active
listings were under
contract at the end of
May.

5. Copyright 2016 Neil Kearney, Kearney Realty Co.
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Boulder CountyReal Estate
New Listings - Weekly
2013
2014
2015
2016
Overall the market
activity has been a bit
lower than the past few
years. Fewer listings on
the market. End of May
inventory is down 45%
from two years ago.

6. Copyright 2016 Neil Kearney, Kearney Realty Co.
This chart shows the
number of properties
going under contract
each week. We are
currently on the low
end of the range for
the last four years.

7. Copyright 2016 Neil Kearney, Kearney Realty Co.
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Sales Boulder County Real Estate
NumberSold - Weekly
2013
2014
2015
2016
Through the end of
May, sales are down 11%
from 2015.

8. My View of the Market
 Inventory is still very low. In the lower end of the
market price range the competition between buyers
for available homes is especially strong.
 As a result of the low inventory and a bit of a slow
start sales are down 11% compared to the first quarter
last year.
 Prices are rising rapidly.
 It seems that if sellers overprice their home they risk
being on the market for a long time. Buyers tend to
move on.
Copyright 2016 Neil Kearney, Kearney Realty Co.

9. Copyright 2016 Neil Kearney, Kearney Realty Co.