4. Inventory is down a
bit from last year
and activity is up.
Buyers are feeling a
shortage of good
listings.
Copyright 2012 Neil Kearney, Kearney Realty Co.
5. Under contract % is
up 12 percentage
points from last year.
The market is at full
speed!
Copyright 2012 Neil Kearney, Kearney Realty Co.
6. The market is off to
a strong start, but
still behind 2010
activity (tax credit
year)
Copyright 2012 Neil Kearney, Kearney Realty Co.
7. Total sales are up
approximately 8%
from last year. And
are more than both
2009 and 2010.
Copyright 2012 Neil Kearney, Kearney Realty Co.
8. Fewer listings have
hit the market so far
this year. Buyers are
waiting for more
good homes to hit
the market.
Copyright 2012 Neil Kearney, Kearney Realty Co.
9. My View of the Market
February was a good month in the Boulder real estate
market.
Sales were up 16% for the month (single family + condos)
The under contract percentage is near market highs. As more
listings hit the market that % will come down.
The inventory is still very low as compared to the activity.
The market has a good strong feel to it. People are starting to
think more about real estate and planning for the future.
This might be “the” time before interest rates and prices start
climbing.
Copyright 2012 Neil Kearney, Kearney Realty Co.
