Is West Boulder, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, West Boulder was a Seller's Market.
Housing Prices in West Boulder, CO
How much do homes in West Boulder, CO cost?
Median Sold Price
$1,236,639
$746/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in West Boulder was $1,236,639 in March 2024, down 12.1% from last year, and the median price per square foot was $746.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $404K | $439.1K | +8.7% |
2 Bedrooms | $950K | $817.5K | -13.9% |
3 Bedrooms | $1.6M | $1.6M | -2.5% |
4 Bedrooms | $2.6M | $1.8M | -28.0% |
5+ Bedrooms | $2.6M | $2.2M | -15.1% |
Summary: West Boulder housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes decreased by 15.1%.
Housing Supply in West Boulder, CO
How many homes are available in West Boulder, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
129 | 159 | +23.3% |
Summary: The West Boulder real estate market had 159 homes for sale in March 2024, a 23.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 23 | +43.8% |
2 Bedrooms | 28 | 41 | +46.4% |
3 Bedrooms | 31 | 34 | +9.7% |
4 Bedrooms | 27 | 27 | 0.0% |
5+ Bedrooms | 27 | 34 | +25.9% |
Summary: The West Boulder housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 46.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in West Boulder in March 2024, up by 33.3% month-over-month. Of the 24 sold homes, 79% were sold under asking, 13% were sold at asking, and 8% were sold over asking.
Days on Market for West Boulder, CO
How long does it take to sell a home in West Boulder, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 77 Days | -16.0% |
Summary: Homes in West Boulder had an average of 77 days on market in Mar 2024, down by 16% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in West Boulder; 29% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.