Boulder Real Estate Statistics for May 2016
This is the busy time of year. Buyers are out looking, home sellers who have been prepping their homes all spring are putting them on the market. There is a lot of activity! However, the trends I have been watching over the past few years are continuing; low inventory of available homes and high buyer demand – which are resulting in higher prices and fewer sales.
Here are a few highlights from the slideshow/report below.
- Through the end of May sales are down 11% for the year.
- Inventory is down 45% when compared to two years ago.
- 53% of the homes available on the market at the end of May were already under contract.