Unusual Month-Over-Month Demand Bounce Meets Slowing Showing Activity
"Boulder County pending listings were down 11.3% YoY but saw an increase when viewed month-over-month by 5.4%, which is abnormal for this time of year. Showing traffic can be the real indicator of future buyer behavior, and we are at the lowest level in the last 4 years.
Showings per listing were only 3.3 per average listing, which was 17.5% below this time last year. Anecdotally, we hear real estate professionals are planning for a slower fourth quarter than what we have seen in prior years."
KEY TAKEAWAYS:
Message for Buyers
"Although pending sales experienced an unseasonal month-over-month
bump, overall showing traffic has slowed significantly. This provides a favorable
backdrop with less competition at open houses and more room to negotiate terms on
available inventory."
Message for Sellers
"Showing traffic sits at a 4-year low, meaning individual showing quality
matters far more than volume. With days on market expanding to 54 days and agents
preparing for a quieter Q4, launching with competitive pricing is paramount to avoid
extended market times."
LOOKING AHEAD:
"Boulder County is heading toward a quieter fourth quarter. While single-family home prices remain resilient, lower showing volume signals a selective buyer pool. Strategic positioning and hyper-local guidance will be essential to successfully navigate the late-year market. Questions about the Boulder County market? Want insights into other markets across Colorado? I'm here to help you navigate your next move with confidence."
Anthony Meisner
Sales Lead, Boulder County | Land Title
Footer Social Links