The Boulder County real estate market is predictably starting to slow as we get nearer the holidays. For the first month this year sales were lower in October (by just 1%) than they were a year ago. Inventory continues to fall. There are currently 31% fewer listings than there were at the same time two years ago. Sales for the first ten months of 2013 are up just over 11% however I expect this number to fall before the end of the year. Last year we had a very strong fall and winter with sales actually increasing during the fall months and this year we are seeing a normal pattern of declining sales as we near the end of the year.
The slide presentation below shows the current statistics compared with the last four years of data on a monthly basis.