As summer activities reach their July peak, home buying in Boulder County wanes, succumbing to the allure of family vacation, uninterrupted play time, and preparing for the start of school.
Photo courtesy of Robson Hatsuka Morgan on Unsplash
Sales of single family homes in the Boulder-area markets dropped 13.5 percent in July 2017 compared to June with 448 homes sold vs. 518. Condominiums and townhomes July 2017 sales also slowed, decreasing 7.1 percent – 130 units sold vs. 140.
“It’s pretty typical to see a slowdown in sales at the beginning of the third quarter, so this reflects the trend of past years. In July, people focus less on home buying and more on summer vacations,” says Ken Hotard, vice president of public affairs for the Boulder…