Boulder Real Estate – Year in Review
Million Dollar Market Keeps Growing
The value of our housing stock keeps increasing. Every year I am amazed by the beautiful homes on the market. Luckily we have an affluent population which is growing. During 2007 there were 214 sales that were for $1 Million or more in Boulder County. This is an increase of 29 units over last year or a 16% increase. As you can see by the graph below this is a continuation of a trend that began in earnest in 2003. Where will it stop? I don’t think it will. The Boulder area is attracting people who appreciate the lifestyle and want a house to match. The only question is how many homes can the market support at once.