Locally, while we’re not winning awards for high inventory, our month’s supply of inventory (MSI) was better last week than it was last year at this time.
Check out our Luxury Market Report below to learn what is happening in the national luxury market.
In place of Boulder realtor Catherine Burgess’ usual Market Update Video, we present our 2021 Year In Review Video!
We are humbled by our 2021 year. Thank you to our clients, family, friends, community, and colleagues for being our biggest supporters. We couldn’t do this without you!
Looking for the FULL market update and all the usual nerdy details?
Our Boulder realtor team reports 58 new listings come to market last week, vs 64 in 2018, 58 in 2019, 74 in 2020, and 48 in 2021.
51 properties went under contract, in contrast with 58 in 2018, 62 in 2019, 95 in 2020, and 77 in 2021.
We had 1.49 month’s supply of inventory, in comparison with 2018 (1.81), 2019 (1.72), 2020 (1.28), and 2021’s .87 MSI.
So, although nationally there is lots of press about the shortage of inventory, from our new listing numbers and our months supply of inventory, we’re again within the range of what has been historically normal for our local market. Keep in mind that at this time in 2020, COVID hadn’t yet hit; January and February 2020 numbers were representative of the norm.
Activity By Price Band:
The entry-level market and $1.5-2.5mm were very active last week, with the other price bands fairly quiet.
National News:
In place of our normal national news section, our Boulder real estate agents are giving you some REAL ESTATE EYE CANDY!
At Compass we represent the Nation’s most remarkable properties.
Don’t worry if you don’t win…we’re offering prizes for second and third place, too! These winners will receive Burgess Group | Compass swag and a box of fancy chocolates from Piece, Love and Chocolate! Yum! 🍫
