Boulder Monthly Market Update – Condominium/Townhome

City of Boulder Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison:

BOULDER ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 572 552
Average Sales Price $465,478 $522,620 +12%
Median Sales Price $408,250 $453,000 +11%
Average Days to Contract 25 26 -4%

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov 18’
UNDER $500k 46% 45% 50% 51% 51% 63% 50% 41% 30% 38% 39% 35% 36%
$500-$750K 44% 47% 47% 39% 61% 39% 31% 42% 25% 29% 38% 33% 31%
$750K – $1MM 54% 38% 52% 39% 40% 40% 45% 40% 33% 32% 45% 38% 35%
$1MM – $1.5MM         46% 64% 46% 53% 36% 27% 24% 28% 45%
$1.5MM+         44% 14% 22% 0% 17% 9% 22% 22% 50%
OVERALL % U/C   44% 49% 44% 50% 51% 43% 40% 29% 32% 37% 34% 37%

 

(Attached Dwelling – Inventory)

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

18’

  151 100 117 129 157 173 181 182 184 192 173 179 159

 

(Attached Dwelling – # Sold)

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

18’

  49 44 37 37 42 49 71 63 58 50 36 45 37

 

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

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

18’

    1.85 2.31 2.74 3.46 2.81 3.85 3.65 3.53 3.46 3.17 3.32 3.03