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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southwest Boulder is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Southwest Boulder, CO

How much do homes in Southwest Boulder, CO cost?

Median Sold Price

$1,134,250

$609/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$155,750(-12.1%)

Key Takeaway

Homes in Southwest Boulder have sold for 12.1% less than they did a year ago.

Summary: The median home sold price in Southwest Boulder was $1,134,250 in March 2024, down 12.1% from last year, and the median price per square foot was $609.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $365K$359K
-1.6%
2 $620K$680K
+9.7%
3 $1.1M$955K
-20.1%
4 $1.4M$1.3M
-6.5%
5+ $1.7M$1.2M
-29.3%

Summary: Southwest Boulder housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 20.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 29.3%.

Median Sold Price Compared To Nearby Neighborhoods

Southwest Boulder
-12.1%
Table Mesa
-14.7%

Housing Supply in Southwest Boulder, CO

How many homes are available in Southwest Boulder, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3651+41.7%

Summary: The Southwest Boulder real estate market had 51 homes for sale in March 2024, a 41.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1422
+57.1%
4 1720
+17.6%
5+ 59
+80.0%

Summary: The Southwest Boulder housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
10100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southwest Boulder, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Southwest Boulder in March 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Southwest Boulder, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days86 Days+202.8%

Summary: Homes in Southwest Boulder had an average of 86 days on market in Mar 2024, up by 202.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 10 homes were sold in Southwest Boulder; 10% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 40% 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 27 Days Ago

Newest Listings in Southwest Boulder, CO

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