Pending Sales and Available Inventory In Boulder County [Market Update]

Here’s a quick look at pending sales and what that means in terms of available inventory across Boulder County as of July 21, 2013.  What we are tracking today is the percent of homes under contract by a buyer waiting to close compared to the total active inventory of homes listed on the MLS for each community.  We’re looking at Boulder, Louisville, Superior, Lafayette and Broomfield.

Boulder has made a big surge in under contracts in the last 30 days and is now leading the market at 63% of active listings currently under contract.  That’s great news for Boulder sellers.  But what if you are a buyer?  Then Superior is your best bet right now.  “Only” 44% of Superior listings are under contract which means 56% are still available.  Shopping is a little more limited in Superior with 41 currently on the market but if you are looking in the $400,000-$750,000 price range there are several terrific choices and we’ve toured many of the newest listings already.

Most of these homes will be closing within the next 30-45 days.  But some buyer remorse is creeping with due to the bidding wars some buyers have found themselves in.  So don’t despair if you didn’t get the house.  A back up offer may be in order.  Talk to your agent on how to best approach it.

 

I am a Boulder County real estate specialist. Over the past three years, I have earned the distinction of being named a 5280 Five Star Realtor. This puts me in the top 7% of all Realtors in the Denver Metro Area for customer satisfaction. If you would like to schedule a buyer or seller meeting with me, please feel free to call me at 303-579-1617 or contact me by email.

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