January home sales confirmed expectations that local Boulder real estate sales would come out of the gate slowly in 2017.
Single-family home sales for Boulder, Colorado rose 1.9 percent in January – 218 units sold compared with 214 units sold in January 2016. Month-over-month, January 2017 sales dropped 2.6 percent compared to December's 224 units sold.
In condominium/townhomes, 57 units sold in January, an 18.8 percent improvement compared with 48 units sold a year ago, but a 51.3 percent drop compared with the 117 units sold in December.
"The relatively slow start was expected. It's just a fact that Boulder County home sales will continue to be influenced by low inventory and high demand in all market areas and categories," explains Ken Hotard,…