Is Southwest Boulder, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Southwest Boulder has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $359K | -1.6% |
2 Bedrooms | $620K | $680K | +9.7% |
3 Bedrooms | $1.1M | $955K | -20.1% |
4 Bedrooms | $1.4M | $1.3M | -6.5% |
5+ Bedrooms | $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 | $1.2M | $1.1M | -12.1% |
Table Mesa | $1.4M | $1.1M | -14.7% |
Housing Supply in Southwest Boulder, CO
How many homes are available in Southwest Boulder, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 51 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 14 | 22 | +57.1% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 5 | 9 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
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 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 86 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
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.