Boulder County – Quarter 3 2018
The ever-popular Boulder County offers an unmatched lifestyle including easy access to nature and bike paths, walkability, a vibrant economy, a community feel, and a health-conscious environment. As expected, Boulder County continues to report an active real estate market January through September 2018.
Overall, many factors reported remain relatively the same year-over-year for Boulder County. Sold listings, average days on market, and percentage sold-price to original list-price remain level. However, a dip in new listings possibly caused the notable 9.6% increase in average price to $663,938 in 2018. Total dollar volume sold also increased in 2018 by a similar 9.5%. Interestingly, sold condos resulted in a 6.2% increase to 1,050 condos sold in 2018, compared to 989 condos sold in 2017.
Highlights of January through September 2018, compared to 2017, for Boulder County include a 63% increase in highest price for Central & Historic Boulder to $4,537,500 in 2018 and a 61.8% increase in highest price for Lyons to $1,594,000 in 2018. In addition, LIV Sotheby’s International Realty represented a Downtown Boulder sale of $5,500,000, increasing the highest price for the area by 151.4% in 2018. This notable sale was a 4th floor, three-bedroom, four-bathroom condo, complete with Flatiron views, movable walls, and one of the first buildings in the country to achieve the Silver LEEDS certification.
Boulder County continues to rank as one of the happiest and healthiest areas in the country. While the market should continue to remain dynamic for Boulder County, the data proves that now is a great time for sellers in this area as listings have decreased and prices have increased.
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.