The real estate market in Boulder County remained strong in October. During the month, sales were up 6.5% from a year ago and up 40% from 2010. For the year so far sales are up 7% from a year ago and up 29% from 2011 which was the trough over the past ten years. We are back up to sales levels similar to 2007.
The inventory continues to be very low. At the end of October there were 1,063 active and pending homes on the market. This is half of what was available at the same time in 2007. There are currently 620 single family homes on the market in Boulder County that don’t already have a contract. Back in 2007 there were 1,919 at the end of October. Slim pickings! Enjoy the slideshow below which shows the trends in sales, inventory and pending contracts over the last five years.