Boulder Monthly Market Update – Single Family Homes

City of Boulder Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison:

BOULDER SINGLE FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 676 439
Average Sales Price $1,094,053 $1,250,269 +14.2%
Median Sales Price $911,400 $985,000 +8%
Average Days to Contract 33 29 -12%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
UNDER $750K 53% 53% 45% 37% 72% 48% 84% 81% 73% 61% 69% 63% 33% 44%
$750K-$1MM 45% 35% 44% 41% 38% 50% 72% 50% 46% 58% 55% 44% 45% 34%
$1MM-$1.5MM 21% 36% 31% 25% 30% 47% 44% 65% 47% 52% 46% 40% 36% 34%
$1.5MM-$2MM 17% 36% 51% 39% 44% 14% 37% 47% 50% 35% 35% 25% 35% 33%
$2MM – $2.5MM                 60% 56% 39% 21% 33% 27%
$2.5MM – $3MM                 20% 8% 20% 12% 0% 7%
$3MM+                 6% 20% 18% 32% 8% 8%
OVERALL % U/C           41% 54% 49% 56% 46% 45% 39% 33% 32%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
BOULDER 240 222 214 175 149 89 107 117 131 183 198 192 191 193

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
BOULDER 59 58 52 63 49 47 36 40 57 38 67 72 56 46

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
BOULDER           1.63 2.1 2.44 2.69 3.42 4.16 3.71 3.41 3.44