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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Boulder is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

West Boulder is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

-$170,860(-12.1%)

Key Takeaway

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

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

# BEDSMar 2023Mar 2024CHANGE
1 $404K$439.1K
+8.7%
2 $950K$817.5K
-13.9%
3 $1.6M$1.6M
-2.5%
4 $2.6M$1.8M
-28.0%
5+ $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 2024Mar 2024CHANGE
129159+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

# BEDSFeb 2024Mar 2024CHANGE
1 1623
+43.8%
2 2841
+46.4%
3 3134
+9.7%
4 2727
0.0%
5+ 2734
+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 2024Mar 2024CHANGE
1824+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Boulder, you may be able to get a good deal. 79.2% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
92 Days77 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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