Inventory Shortage Rages On [Analyze This]
by Osman Parvez
As long term blog readers know, I love data analysis and effective visualizations of trends. Occasionally, I’ll get side tracked but most of the content on this blog remains very analytical.
Here’s a look at the ongoing inventory shortage in Boulder County.
The chart above shows the most recent inventory level compared to the long term average for the month. Boulder, Boulder attached dwellings, Longmont, and Louisville are shown.
Inventory this year is running more than 55% below the long term average (2004-2013) in the City of Boulder. It gets worse in Longmont and Louisville.
Of course, not all property types, locations, and price ranges are in deep shortage. The key to making an effective decision is knowledge of market conditions relative to your unique real estate situation. If you’re thinking about buying or selling, call me to discuss. 303.746.6896.
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Inventory Shortage Rages On [Analyze This]
by Osman Parvez
As long term blog readers know, I love data analysis and effective visualizations of trends. Occasionally, I’ll get side tracked but most of the content on this blog remains very analytical.
Here’s a look at the ongoing inventory shortage in Boulder County.
The chart above shows the most recent inventory level compared to the long term average for the month. Boulder, Boulder attached dwellings, Longmont, and Louisville are shown.
Inventory this year is running more than 55% below the long term average (2004-2013) in the City of Boulder. It gets worse in Longmont and Louisville.
Of course, not all property types, locations, and price ranges are in deep shortage. The key to making an effective decision is knowledge of market conditions relative to your unique real estate situation. If you’re thinking about buying or selling, call me to discuss. 303.746.6896.
—
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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