Inventory Update [Analyze This]
by Osman Parvez
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A quick look at inventory, updated through today, April 20th 2015.
Inventory continues to creep mildly upward. 182 houses and 157 condos and town homes are listed for sale.
As of this morning, 108 attached dwellings are under contract. 48 are available. This ratio will change as final negotiations take place for last week’s new listings and agents update the MLS listing status.
As an odd coincidence, 108 houses are also under contract. 74 houses are available. Keep in mind “under contract” includes “active/backup” and “pending” status on the MLS.
Our take? The market is not slowing. It’s becoming more active.
26 listings closed last week, the majority for a premium. Analysis tomorrow.
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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.
We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.
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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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