Sales of homes and condos in Boulder County, CO dropped 40% in July 2010 compared to the previous year due to the expiration of the federal first-time homebuyer tax credit and a slowing housing market after an active spring season. Median home prices increased as the end of the tax credit reduced sales of entry-level homes. The local real estate market stabilized at a lower level of activity following the tax credit deadline.
1. Boulder County Real Estate Sales StatisticsJuly2010 Prepared by Neil Kearney Kearney Realty Co/ Metro Brokers Information can be used only with permission Copyright 2010 All data from IRES, MLS
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8. My View of the Market Sales of homes and condos in Boulder County in July were down 40% from 2009. The big drop was due to: Expiration of the tax credit closing deadline. A slowing market after an active spring. We have stabilized at a lower level of activity post tax credit. Median sales prices have risen now that the end of the first time buyer credit has slowed the sales of entry level homes. Copyright 2010 Neil Kearney, Kearney Realty Co.
9. If You Plan To Make a Move in 2010Plan to call the area expert. Copyright 2010 Neil Kearney, Kearney Realty Co. Neil Kearney Broker/Owner Kearney Realty Co. / Metro Brokers For ongoing information and analysis visit www.NeilKearney.com