Real estate sales in Boulder County continue to be very strong. There were 611 sales in June, which is the highest number for the month since 2015. Year-to-date cumulative sales are up 28% over last year and median prices throughout the county (both single family and attached dwellings) are up 16% from a year ago. On average properties sold for 4% over the list price. For most of the years I’ve been tracking the market, homes sold for at a 2-3% discount. 62% of the sales in July sold for above the asking price. When looking only at those homes that sold above list price, the average sale was for a 7.5% premium. The median premium paid was 9.7%. These numbers are down from last month. Meaning that the bidding wars were a bit less intense.
Key statistics for July:
- Sales were up 3.2% from last year. Down a bit from June.
- Inventory of active homes is down 28% from last year.
- 62% of active listings were already under contract at the end of July. Just 400 homes to seriously consider at the end of June.
- Prices continue to be considerably higher than they were a year ago. For July only the median price was 16% higher than last July
To view all of the statistics in graphical format with trending scroll through the report below.
