Boulder-area home sales improved in February 2017, as sales jumped substantially in condo/townhomes, single-family home inventory rose, and prices moderated slightly. But inventory continues to be far lower than a healthy market requires.
“It’s the same old song, inventory – or the lack of it – is driving a lot of the numbers,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.
Hotard is hopeful that homeowners considering selling will decide to move as the spring real estate season approaches. He says “we're seeing the beginning edge of that as some of the inventory numbers have gone up.”
In condominiums and townhomes, Boulder-area sales grew 36.8 percent month-over-month – 78 units vs. 57 in…