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 676 545 –
Average Sales Price $1,094,053 $1,270,673 +11.5%
Median Sales Price $911,400 $954,300 +5%
Average Days to Contract 33 29 -12%

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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 $750K 72% 48% 84% 81% 73% 61% 69% 63% 33% 44% 44% 31% 60%
$750K-$1MM 38% 50% 72% 50% 46% 58% 55% 44% 45% 34% 48% 38% 41%
$1MM-$1.5MM 30% 47% 44% 65% 47% 52% 46% 40% 36% 34% 32% 37% 36%
$1.5MM-$2MM 44% 14% 37% 47% 50% 35% 35% 25% 35% 33% 26% 28% 25%
$2MM – $2.5MM         60% 56% 39% 21% 33% 27% 19% 21% 13%
$2.5MM – $3MM         20% 8% 20% 12% 0% 7% 13% 0% 9%
$3MM+         6% 20% 18% 32% 8% 8% 19% 13% 23%
OVERALL % U/C   41% 54% 49% 56% 46% 45% 39% 33% 32% 34% 30% 34%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
  149 89 107 117 131 183 198 192 191 193 183 170 141

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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 47 36 40 57 38 67 72 56 46 49 59 34

 

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

SINGLE FAMILY HOMES 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’
    1.63 2.1 2.44 2.69 3.42 4.16 3.71 3.41 3.44 3.35 2.82 2.68