Market Update--Inventory Check

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
155 homes priced under $500k (45 are under contract)
398 homes priced above $500k (69 are under contract)

Louisville
87 homes priced under $500k (21 are under contract)
21 homes priced above $500k (3 are under contract)

Lafayette
149 homes priced under $500k (40 are under contract)
77 homes priced above $500k (11 are under contract)

Superior
68 homes priced under $500k (11 are under contract)
36 homes priced above $500k (10 are under contract)

Broomfield
181 homes priced under $500k (10 are under contract)
66 homes priced above $500k (2 are under contract)

Longmont
828 homes priced under $500k (76 are under contract)
154 homes priced above $500k (8 are under contract)

Erie
194 homes priced under $500k (20 are under contract)
71 homes priced above $500k (1 is under contract)

Niwot
20 homes priced under $500k (3 are under contract)
61 homes priced above $500k (5 are under contract)

Last time I did this update was June 6, 2006. Numbers are very similar which means the market is not picking up steam thru the summer. Inventory is just a little bit more than Demand at this time. Let's see how things look at the end of September.