Boulder County – Q1 2019
Boulder County is a sought-after location for many, offering an unmatched lifestyle with easy access to nature. Living in this esteemed area provides close proximity to bike paths, great walkability, a vibrant economy, a community feel, and a health-conscious environment. While 2018 was an active year for real estate in Boulder County, 2019 is off to a great start with many notable increases in performance.
LIV Sotheby’s International Realty produces a Micro Market Report focused on Boulder County and the neighborhoods within it. As a whole, Boulder County is seeing an increase in new listings, up 12.4% compared to Q1 of 2018. Average days on market are down 1.5%, resulting in homes selling within 66 days on average.
Breaking down into the different areas of Boulder County, there are significant increases including the most notable, a 61.6% increase in average price for Boulder County Plains. This increase drove the average price from $704,939 in 2018 to $1,139,008 in Q1 of 2019. Impressively, Boulder County Plains also sold more properties so far with an increase of 55.6% of properties sold to 14 in 2019 (from 9 in 2018). Foothills Communities also saw a significant increase in performance with a 24.7% increase in average price and a 16.7% increase in properties sold. Following closely behind, North Boulder & Gunbarrel resulted in a 20.3% increase in average price and a 7.1% increase in properties sold.
Across the board for Boulder County, it’s evident that buyers are very much interested in investing in the community and taking part in the sought-after Boulder lifestyle.
This Colorado Micro Market Report Includes Real Estate data statistics for the following neighborhoods (single family, unless otherwise indicated): Central Boulder, East Boulder, Gunbarrel, Mapleton Hill, Newlands, Niwot, Northeast Boulder, Northwest Boulder, South Boulder, Southeast Boulder, Southwest Boulder.