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 676 258
Average Sales Price $1,094,053 $1,253,935 +14.6%
Median Sales Price $911,400 $950,000 +4.2%
Average Days to Contract 33 30 -9%

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Apr 17’ May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
UNDER $750K 53% 40% 48% 53% 53% 45% 37% 72% 48% 84% 81% 73% 61% 69%
$750K-$1MM 43% 53% 52% 45% 35% 44% 41% 38% 50% 72% 50% 46% 58% 55%
$1MM-$1.5MM 54% 37% 31% 21% 36% 31% 25% 30% 47% 44% 65% 47% 52% 46%
$1.5MM-$2MM 41% 36% 34% 17% 36% 51% 39% 44% 14% 37% 47% 50% 35% 35%
$2MM – $2.5MM 60% 56% 39%
$2.5MM – $3MM 20% 8% 20%
$3MM+ 6% 20% 18%
OVERALL % U/C 41% 54% 49% 56% 46% 45%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Apr 17’ May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
BOULDER 212 252 245 240 222 214 175 149 89 107 117 131 183 198

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Apr 17’ May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
BOULDER 57 74 72 59 58 52 63 49 47 36 40 57 38 67

 

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

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