Right around Memorial Day we saw a shift in the market. At that point properties started staying on the market longer, inventory started rising and sales started to drop. It’s normal in Boulder County to have a slow down during the summer but this year it began earlier than usual. This decrease in sales coupled with an increase in inventory has led to a slowing of price appreciation in the county. Is this a shift in the market or just a seasonal slow down? The next 30 to 60 days will tell a lot. What happens during the fall will give us a good indication of what to expect next winter and spring. If you are looking for real estate for sale in Cape Coral, visit rebeccasrealtor.com for more information.
See the presentation above for a more in depth view of the market as well as graphs and statistics.