Market Data: Q2 2019
Boulder County Market Data Q2 2019
Local market dynamics are subtly diverging from the super-hot market trends we have experienced over the past few years. When we compare Q2 2019 data to Q2 2018 data we see that the number of homes sold ('Closed Homes' in the KEY METRICS section of the report below) was nearly the same while inventory increased ('Homes for Sale' in the KEY METRICS section of the report below). Accordingly, 'Months of Supply' currently sits at 2.9 months, which is approximately 20% higher than one year ago. Note that analysts typically quote six months of supply as the turning point from a sellers market to a buyers market. Double-digit appreciation in home value has whittled to single-digit appreciation and in some cases leveled off or dipped slightly. So what does this mean from the perspective of sellers and buyers?
Despite this subtle yet distinct divergence in our local market from the past few years, home valuation continues to appreciate. Our Boulder County market will always be buffered from national trends and will always be in demand because our region offers folks an ideal living in terms of location, amenities, community infrastructure, etc. and analysts agree! Smart Asset’s latest housing market report ranks Boulder County as the best market nationwide based on price growth and stability.
Blog Archive2019-08-19 13:06:51
Common Misconceptions When Purchasing New Construction
Bounty County Real Estate - Why So Many Price Reductions?
Market Data: Q2 2019
Monthly Statistics: July 2019
Monthly Statistics: June 2019
Local Market Trends: Looking back at the first half of 2019 vs. 2018
Monthly Statistics: May 2019
Market Data: Q3 2018
Iconic Winter Fun List 2018
Hot Summer Eats: Trucks, Burgers & Ice Cream
Recovering From a Hailstorm
2018 Mortgage Trends: A Continued Climb
Guide to Grills & Smokers: Best of 2018
Market Data: Q2 2018
Top 10 Unique Road Races: Bolder Boulder Ranks #2
Market Data: Q1 2018
The Best Regional Hikes for Visiting Family & Friends
Boulder see it's first Net Zero Energy lease at Boulder Commons
Range Hoods 101
Our Ultimate Summer Vacation List 2018
Is Boulder's Affordable Housing Fund in Jeopardy?
Monthly Statistics: March 2018
Monthly Statistics: Feb 2018
Boulder County Real Estate: 2017 Year in Review
Changes to the U.S. Federal Tax Law for Homeowners
Click here to see ALL articles.