YTD Market Statistics (Year to Date): Under Contract Statistics
UIC Under Contract: the under contract percentage indicates the current demand for housing at the
specific point and time. In a normal or balanced market, at any given time 25% 40% ofthe homes for
sale will be under contract. Less than 25 % under contract represents a slow sales market (therefore a
Buyer ’s market) and over 40% under contract represents an overly active market (therefore a Seller ’s market)
Information provided by IRES Metrolist Information Services.
Summary of Under Contract Statistics:
Single Family Homes: Although still extremely active, We are clearly beginning to see the
market soften, down from its peak in the spring months. It is Still a strong seller’s market below
$500K in Denver and below $750K in Boulder. Denver’s “higher end” market above $1 million
(and Boulder’s above $1.5 million) is a buyer’s market.
Attached Dwellings: Boulder’s condominium market ís Showing no signs of slowing down, and
ifs actually becoming more of a sellers market in most price ranges. Denver’s condominium
market has slowed slightly below $750K, but has become a stronger seller’s market for “high