How is the real estate market in Boulder?
In this post and video I will outline the fundamentals of the Boulder Colorado real estate market by reviewing demand (sold and under contract listings) and supply levels (active and new listings) within the city of Boulder for the month of January 2019 as well as review where the market has been via lagging indicators (sales price), and current market health with month’s supply of inventory, days on market and list to sales price ratio.
Oh, by the way, do not forget to check out how the overall metro Denver Real Estate market is doing by clicking here!
|Year to Year||Month to Month|
|Jan-18||Jan-19||% change||Dec-18||Jan-19||% change|
|New Listings||156||162||4%||New Listings||43||162||73%|
|Homes for Sale||181||250||28%||Homes for Sale||224||250||10%|
|Under Contract||86||81||-6%||Under Contract||58||81||28%|
|Closed Sales||96||65||-48%||Closed Sales||104||65||-60%|
|Average Days on Market||66||77||14%||Average Days on Market||74||77||4%|
|Months Supply of Inventory||1.5||3.1||52%||Months Supply of Inventory||3.9||3.1||-26%|
|Average Sale Price||$ 879,601||$ 880,279||0%||Average Sale Price||$ 894,398||$880,279||-2%|
|Average Percent of Original List Price||95.70%||94.80%||-1%||Average Percent of Original List Price||95.50%||94.80%||-1%|
|Avg. Price Per Tot Sq Ft||391||375||-4%||Avg. Price Per Tot Sq Ft||381||375||-2%|