Boulder County Monthly Market Update – Condominium/Townhome

Boulder County Overview – Condominium/Townhome (Attached)

Information provided by IRES

YTD Comparison:

ATTACHED DWELLINGS 2018 YTD 2019 % Change
Total Units Sold 1271 62
Average Sales Price $442,240 $390,748 -12%
Median Sales Price $385,000 $372,500 -3.5%
Average Days to Contract 26 44 +57%

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov 18’ Dec 18’ Jan 19’
UNDER $500k                 47% 46% 38% 42% 38%
$500-$750K                 31% 34% 43% 35% 46%
$750K – $1MM                 31% 32% 42% 37% 34%
$1MM – $1.5MM                 26% 26% 43% 40% 47%
$1.5MM+                 22% 22% 54% 50% 50%
OVERALL % U/C                 41% 41% 39% 40% 39%

 

(Attached Dwelling – Inventory)

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

18’

Dec 18’ Jan 19’
                  429 414 362 305 336

 

(Attached Dwelling – # Sold)

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

18’

Dec 18’ Jan 19’
                  102 361 111 67 62

 

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

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

18’

Dec 18’ Jan 19’
                  4.2 1.79 3.46 3.19 2.39