Slow 20911 start. 2nd quarter '10 tax credit stole sales from 3rd quarter '10.
Steady in the mid-$300Ks but rising in mid-summer. Significant 4th quarter '10 jump.
1st quarter '11 jump.
Steady declines in Broomfield inventory since '06. Up at the end of '10 and 1st quarter '11. Possibly pent-up supply coming back to the market.
2nd half of '10 plus 1st quarter '11 up for slow sales start & mild inventory increases. 5 to 6 months of inventory (listings divided by sales) is the rough dividing line between Buyer and Seller markets.
Dagmar Alford,
Accredited Buyer's Representative Certified Negotiation Expert
Transnational Referral Certified, TRC
Broker/Owner, Options Realty, LLC
720-352-8285
AgentDagmar@comcast.net