Spring is here! More new listings are coming on the market and the buyers have options. Inventory in Boulder County rose by 18% during the month to just over 1,000 listings. At the end of March, 42% of active listings were already under contract which is back to 2019 levels. The first week of April saw 104 new listings and just 32 properties go under contract. (see graph below) This is a concern going forward as the strength of the market requires steady buyer demand. Interest rates dropped yesterday into the high 5’s for the best buyers which may spark some new demand as we head into the prime selling season.
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