Boulder Real Estate Sizzles and It’s Not Even Summer [Market Update]
by Osman Parvez
Here’s a quick glance at market conditions for the City of Boulder.
The following charts show absorption for traditional single family houses and for condos and town homes (attached dwellings). Absorption is simply sales volume expressed as a percentage of the preceding month’s inventory – a measure of liquidity.
The chart above is for single family houses. Absorption spiked to 38.4%, a 10+ year high. This is slightly more than 2x the long term average for the month of April.
This next chart is for town homes and condos (attached dwellings). Last month, absorption reached 36.3%. It usually peaks in July or August.
A new House Einstein Report is in the works. It will feature much more analysis on market conditions. Sign up HERE.
—
Welcome to House Einstein
Locations, Due Diligence, Negotiation
Testimonials
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.
Related Posts
Share This Listing!
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.
Work with
House Einstein
Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
