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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Central Boulder is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in North Central Boulder, CO

How much do homes in North Central Boulder, CO cost?

Median Sold Price

$1,200,000

$601/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in North Central Boulder has remained the same since last year.

Summary: The median home sold price in North Central Boulder was $1,200,000 in March 2024, the same as last year, and the median price per square foot was $601.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $295K$269K
-8.8%
2 $545K$485K
-11.0%
3 $1.0M$1.2M
+13.4%
4 $1.5M$1.5M
-1.1%
5+ $1.8M$2.3M
+29.7%

Summary: North Central Boulder housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 29.7%.

Housing Supply in North Central Boulder, CO

How many homes are available in North Central Boulder, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5260+15.4%

Summary: The North Central Boulder real estate market had 60 homes for sale in March 2024, a 15.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 69
+50.0%
2 03
+100.0%
3 1513
-13.3%
4 2224
+9.1%
5+ 911
+22.2%

Summary: The North Central Boulder housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
147-50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Central Boulder, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in North Central Boulder in March 2024, down by 50.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for North Central Boulder, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
49 Days96 Days+95.5%

Summary: Homes in North Central Boulder had an average of 96 days on market in Mar 2024, up by 95.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Central Boulder has remained consistent over time.

Summary: During March 2024, 7 homes were sold in North Central Boulder; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% 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 18 Days Ago

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