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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boulder is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Boulder was a Seller's Market.

Key Takeaway

Boulder is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Boulder, CO

How much do homes in Boulder, CO cost?

Median Sold Price

$1,019,722

$548/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$39,222(+4.0%)

Key Takeaway

Homes in Boulder have sold for 4% more than they did a year ago.

Summary: The median home sold price in Boulder was $1,019,722 in August 2024, up 4% from last year, and the median price per square foot was $548.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $367.5K$370K
+0.7%
2 $546.6K$534.7K
-2.2%
3 $991.6K$1.0M
+3.8%
4 $1.4M$1.4M
+5.0%
5+ $1.8M$1.7M
-4.0%

Summary: Boulder housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Cities

Bald Mountain
+6.1%
Boulder
+4.0%

Housing Supply in Boulder, CO

How many homes are available in Boulder, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
790876+10.9%

Summary: The Boulder real estate market had 876 homes for sale in August 2024, a 10.9% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 7490
+21.6%
2 181208
+14.9%
3 186201
+8.1%
4 216241
+11.6%
5+ 133136
+2.3%

Summary: The Boulder housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 2.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
134115-14.2%

Asking Price vs. Sold Price

80 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

12 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. 69.6% of homes here sold below asking price last month.

Summary: A total of 115 homes were sold or pending in Boulder in August 2024, down by 14.2% month-over-month. Of the 115 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% 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

Aug 2023Aug 2024CHANGE
34 Days48 Days+42.0%

Summary: Homes in Boulder had an average of 48 days on market in Aug 2024, up by 42% compared to last year.

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

16 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 August 2024, 115 homes were sold in Boulder; 52% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Boulder, CO

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