Is Boulder, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Boulder has remained a Seller's Market.
Key Takeaway
Boulder is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boulder, CO
How much do homes in Boulder, CO cost?
Median Sold Price
$1,004,781
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Boulder have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Boulder was $1,004,781 in April 2024, down 5.4% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $378.5K | $382.4K | +1.0% |
| 2 Bedrooms | $550K | $535.6K | -2.6% |
| 3 Bedrooms | $1.0M | $1.0M | -4.9% |
| 4 Bedrooms | $1.4M | $1.5M | +9.8% |
| 5+ Bedrooms | $1.8M | $1.7M | -5.3% |
Summary: Boulder housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Boulder | $1.0M | $1.0M | -5.4% |
| Bald Mountain | $1.0M | $950K | -5.9% |
Housing Supply in Boulder, CO
How many homes are available in Boulder, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 559 | 766 | +37.0% |
Summary: The Boulder real estate market had 766 homes for sale in April 2024, a 37.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 55 | 75 | +36.4% |
| 2 Bedrooms | 111 | 166 | +49.5% |
| 3 Bedrooms | 132 | 161 | +22.0% |
| 4 Bedrooms | 154 | 208 | +35.1% |
| 5+ Bedrooms | 107 | 156 | +45.8% |
Summary: The Boulder housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 49.5%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes increased by 45.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 | 147 | +58.1% |
Asking Price vs. Sold Price
78 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boulder, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.
Summary: A total of 147 homes were sold or pending in Boulder in April 2024, up by 58.1% month-over-month. Of the 147 sold homes, 53% were sold under asking, 28% were sold at asking, and 19% were sold over asking.
Days on Market for Boulder, CO
How long does it take to sell a home in Boulder, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 52 Days | +15.1% |
Summary: Homes in Boulder had an average of 52 days on market in Apr 2024, up by 15.1% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
75 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Boulder has remained consistent over time.
Summary: During April 2024, 147 homes were sold in Boulder; 39% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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