Tuesday, June 06, 2006

How's the Market?

Did a little research on the MLS today. I always think it's interesting to look at inventory availability for the cities in our area.

Boulder
127 homes priced under $500k (49 are under contract)
388 homes priced above $500k (76 are under contract)

Louisville
92 homes priced under $500k (32 are under contract)
24 homes priced above $500k (6 are under contract)


Lafayette
142 homes priced under $500k (22 are under contract)
87 homes priced above $500k (19 are under contract)

Superior
69 homes priced under $500k (19 are under contract)
39 homes priced above $500k (8 are under contract)

Broomfield
199 homes priced under $500k (22 are under contract)
60 homes priced above $500k (3 are under contract)

Longmont
806 homes priced under $500k (82 are under contract)
158 homes priced above $500k (12 are under contract)

Erie
199 homes priced under $500k (29 are under contract)
64 homes priced above $500k (6 are under contract)

Niwot
17 homes priced under $500k (4 are under contract)
71 homes priced above $500k (8 are under contract)

What jumps out at me? High priced homes are definitely taking longer to sell nowadays. Louisville and Superior have the tightest inventory now. Broomfield, Erie and especially Longmont have large inventories below $500k.

Note: Statistics are for houses only, does not include condo's or townhomes.

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