Boulder County Monthly Market Update – Condominium/Townhome

Boulder County Overview – Condominium/Townhome (Attached)

Information provided by IRES

 

YTD Comparison:

ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 1325 1271 +1.7%
Average Sales Price $400,750 $442,240 +10.9%
Median Sales Price $353,000 $385,000 +9.25%
Average Days to Contract 28 26 No change

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov 18’ Dec 18’
UNDER $500k                   47% 46% 38% 42%
$500-$750K                   31% 34% 43% 35%
$750K – $1MM                   31% 32% 42% 37%
$1MM – $1.5MM                   26% 26% 43% 40%
$1.5MM+                   22% 22% 54% 50%
OVERALL % U/C                   41% 41% 39% 40%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
                    429 414 362 305

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
                    102 361 111 67

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
                    4.2 1.79 3.46 3.19