Thursday, June 15, 2006

How's the Market?

Here's a snapshot of Average Days on Market for homes in this general area-

Boulder 78 DOM
Louisville 93 DOM
Lafayette 103 DOM
Longmont 105 DOM
Erie 152 DOM
Broomfield 75 DOM

Dates are from 5-16-06 thru today, 6-15-06.

Another good snapshot of the market is the percentage of the sale price vs. the list price:

Boulder 97.84%
Louisville 98.00%
Lafayette 98.49%
Longmont 98.68%
Erie 96.64%
Broomfield 98.40%


Dates are from 5-01-06 thru today, 6-15-06. What this does not measure is the sale price vs. the original list price. Generally, Seller's are having to reduce their price if their house is not selling.

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