Boulder County – Year End 2018
The ever-popular Boulder County offers an unmatched lifestyle including easy access to nature and bike paths, great walkability, a vibrant economy, a community feel, and a health-conscious environment. With an increase of demand for real estate in Boulder County, buyers were having to act quicker and pay more in 2018 than in 2017.
The Boulder County Micro Market Report by LIV Sotheby’s International Realty indicates this rise in demand with a 9.3% increase in average price from $601,432 in 2017 to $657,387 in 2018, in addition to a decrease in average days on market by 3.4%. Interestingly, new listings and sold listings saw a decrease while total dollar volume sold increased by 5.9%. This decrease in inventory combined with an increase in total dollar volume sold represents a very healthy and active market.
Numerous neighborhoods within Boulder County reported strong in 2018, with an increase of average price and a decrease of average days on market. North Boulder & Gunbarrel displayed a complimenting mix of these two metrics with a 9.3% increase in average price and an 11.5% decrease in average days on market. University Hill & Chautauqua presented the highest increase in average price of 25%, from $1,137,824 in 2017 to $1,422,613 in 2018. Lafayette saw the most dramatic decrease in average days on market, dropping 22.2% from 54 days in 2017 to 42 days in 2018.
Boulder County continues to rank as one of the happiest and healthiest areas in the country, driving potential buyers to invest 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.