Boulder Monthly Market Update – Single Family Homes

City of Boulder Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison:

BOULDER SINGLE FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 676 551
Average Sales Price $1,094,053 $1,230,233 +12.4%
Median Sales Price $911,400 $960,000 +5.3%
Average Days to Contract 33 30 -9%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
UNDER $750K 37% 72% 48% 84% 81% 73% 61% 69% 63% 33% 44% 44% 31%
$750K-$1MM 41% 38% 50% 72% 50% 46% 58% 55% 44% 45% 34% 48% 38%
$1MM-$1.5MM 25% 30% 47% 44% 65% 47% 52% 46% 40% 36% 34% 32% 37%
$1.5MM-$2MM 39% 44% 14% 37% 47% 50% 35% 35% 25% 35% 33% 26% 28%
$2MM – $2.5MM           60% 56% 39% 21% 33% 27% 19% 21%
$2.5MM – $3MM           20% 8% 20% 12% 0% 7% 13% 0%
$3MM+           6% 20% 18% 32% 8% 8% 19% 13%
OVERALL % U/C     41% 54% 49% 56% 46% 45% 39% 33% 32% 34% 30%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
  175 149 89 107 117 131 183 198 192 191 193 183 170

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
  63 49 47 36 40 57 38 67 72 56 46 49 59

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
      1.63 2.1 2.44 2.69 3.42 4.16 3.71 3.41 3.44 3.35 2.82