Is Boulder, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boulder is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Boulder has remained a Seller's Market.

Key Takeaway

Boulder is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Boulder, CO

How much do homes in Boulder, CO cost?

Median Sold Price

$965,444

$534/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$42,753(-4.2%)

Key Takeaway

Homes in Boulder have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in Boulder was $965,444 in February 2024, down 4.2% from last year, and the median price per square foot was $534.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $369K$370K
0.3%
2 $549.9K$529.7K
-3.7%
3 $1.0M$984.5K
-6.2%
4 $1.4M$1.4M
+2.1%
5+ $1.8M$1.7M
-2.4%

Summary: Boulder housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Boulder
-4.2%
Bald Mountain
-10.4%

Housing Supply in Boulder, CO

How many homes are available in Boulder, CO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
445579+30.1%

Summary: The Boulder real estate market had 579 homes for sale in February 2024, a 30.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 3945
+15.4%
2 86124
+44.2%
3 125155
+24.0%
4 112154
+37.5%
5+ 83101
+21.7%

Summary: The Boulder housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 44.2%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 21.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
81104+28.4%

Asking Price vs. Sold Price

61 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boulder, you may be able to get a good deal. 58.7% of homes here sold below asking price last month.

Summary: A total of 104 homes were sold or pending in Boulder in February 2024, up by 28.4% month-over-month. Of the 104 sold homes, 59% were sold under asking, 19% were sold at asking, and 22% were sold over asking.

Days on Market for Boulder, CO

How long does it take to sell a home in Boulder, CO?

Average Sale Time

Feb 2023Feb 2024CHANGE
68 Days58 Days-14.0%

Summary: Homes in Boulder had an average of 58 days on market in Feb 2024, down by 14% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boulder are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 104 homes were sold in Boulder; 43% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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