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October was a good month for the Boulder County real estate market. Sales were up 16% from October of 2010. We are now down just 5% year-to-date in overall sales. The percentage of listed homes that were under contract at the end of the month was a strong 20%.
It happens every year. Sellers are taking their homes off of the market for the winter. It’s true that sales are usually at their lowest during December and January but for those serious about buying or selling these months can be very productive. Not so many casual lookers, only serious buyers are out looking. For sellers, list your home at a good price and you can be a big fish in a small pond. The number of active listings decreased by 16% during the month.
Please click on the slideshow below to see the real estate market trends graphically. We are breaking away from our usual bell curve shape.