Boulder real estate sales remain flat in August

Real estate activity in Boulder County in August remained in line with July’s, showing just a slight improvement.

Despite the drop in sales the last two months in comparison with the spring and early summer months, sales remain ahead of what they were the previous year: 3,324 single-family homes sold in Boulder between Aug. 1, 2009, and July 31, 2010, compared with 3,041 the previous year. And 1,228 condo/townhomes sold Aug. 1, 2009, through July 31, 2010, compared with 1,184 the previous year.

A total of 267 single-family homes and 75 Boulder County condos/townhomes sold in August, compared with 303 and 110, respectively, in August 2010. July saw 258 single-family home sales and 74 condos/townhome sales.

Some Boulder communities’ average home sales prices gained ground in August – 10.8 percent in Louisville, 7.1 percent in Lafayette and 0.8 percent in Boulder – but some continued to drop (a 7.7 percent decrease in Broomfield). Erie saw a 13.3 percent increase and Superior a 9.5 percent increase in their median sales price in August, while the communities of Boulder, Broomfield and Lafayette all saw small decreases.

Inventory of homes on the market also remained fairly steady from July to August, though some areas including Boulder and the mountains saw a reduction of more than 25 in single-family homes for sale.