2022 | Boulder County Single Family Home Statistics by JanetLeapRealEstate

2022 Boulder Single Family Housing Stats

Change in Single-Family Avg $ from 2nd Qtr YTD and 4th Qtr YTD Numbers 2016 2017 2018 2019 2020 2021 2022 Boulder 0.4% -2.1% -3.5% 1.3% 5.7% -1.0% -2.1% Louisville -0.6% -2.0% -0.2% -4.9% 0.4% 1.2% -5.4% Lafayette -0.5% -2.4% -0.3% 4.7% 6.3% 0.7% -4.4% Longmont 2.2% -0.9% 1.7% 1.2% 3.6% 3.2% -3.0% Plains 0.1% 0.1% -1.0% 0.0% 7.9% -0.8% -6.8% Mountains 0.5% -8.9% 2.8% 2.9% 5.2% -1.5% -10.0% Superior -2.9% -1.8% 1.0% 3.4% 7.3% 5.9% -4.2% Boulder County -1.1% -2.0% -2.8% 0.5% 7.5% -0.9% -4.4% Broomfield 0.1% -2.0% -4.4% -0.1% 0.7% -1.6% -5.9% Erie 3.9% 1.6% 0.4% 1.6% 4.1% -2.3% -5.4%

Single Family

Boulder County Boulder County

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 281 106.6% 136 -10.2% 313 Median Sales Price $875,000 7.4% $815,000 37.0% $638,500 Average Sales Price $1,143,282 9.2% $1,046,626 42.9% $799,844 SP/LP Ratio 101.3% -0.4% 101.7% 2.6% 98.7% Average Market Time 43 -2.3% 44 -24.6% 57 Number of Sales YTD 2374 -27.0% 3252 -35.0% 3651 Expired Listings 665 34.9% 493 -30.4% 956 Months of Inventory 1.4 180.0% 0.5 40.0% 1 % Under Contract 32% -53.6% 69% -42.9% 56% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 102 82.1% 56 -16.4% 122 Median Sales Price $1,454,250 7.7% $1,350,070 45.4% $1,000,000 Average Sales Price $1,746,046 7.8% $1,619,794 35.2% $1,291,130 SP/LP Ratio 100.9% 0.4% 100.5% 2.7% 98.2% Average Market Time 44 -8.3% 48 -25.4% 59 Number of Sales YTD 537 -28.4% 750 -25.1% 717 Expired Listings 167 -5.1% 176 -48.0% 321 Months of Inventory 2.3 155.6% 0.9 15.0% 2 % Under Contract 31% -38.0% 50% -20.5% 39% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023 Boulder County City of Boulder

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 16 45.5% 11 -20.0% 20 Median Sales Price $958,000 11.4% $860,000 34.9% $710,000 Average Sales Price $1,069,437 13.0% $946,393 39.2% $768,251 SP/LP Ratio 103.6% -0.4% 104.0% 3.5% 100.1% Average Market Time 36 20.0% 30 -20.0% 45 Number of Sales YTD 148 -16.4% 177 -29.9% 211 Expired Listings 44 238.5% 13 7.3% 41 Months of Inventory 1.3 62.5% 0.8 18.2% 1.1 % Under Contract 13% -85.7% 91% -84.7% 85% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023

Louisville

Boulder County City of

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 29 38.1% 21 -44.2% 52 Median Sales Price $924,857 23.3% $750,000 56.8% $590,000 Average Sales Price $999,979 24.1% $805,493 52.9% $653,892 SP/LP Ratio 102.7% -1.3% 104.1% 2.7% 100.0% Average Market Time 45 7.1% 42 0.0% 45 Number of Sales YTD 194 -23.0% 252 -39.8% 322 Expired Listings 58 141.7% 24 13.7% 51 Months of Inventory 1.8 80.0% 1 -5.3% 1.9 % Under Contract 59% -11.9% 67% -1.7% 60% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023

County City of Lafayette

Boulder

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 111 37.0% 81 -11.9% 126 Median Sales Price $614,900 14.2% $538,500 32.8% $463,000 Average Sales Price $661,031 11.6% $592,117 30.0% $508,361 SP/LP Ratio 103.1% -0.5% 103.6% 3.4% 99.7% Average Market Time 34 3.0% 33 -39.3% 56 Number of Sales YTD 737 -30.1% 1054 -42.4% 1279 Expired Listings 122 56.4% 78 -38.4% 198 Months of Inventory 1.8 100.0% 0.9 50.0% 1.2 % Under Contract 33% -62.5% 88% -56.0% 75% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023 Boulder County City of Longmont

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 78 36.8% 57 -24.3% 103 Median Sales Price $952,450 4.2% $914,140 30.5% $729,950 Average Sales Price $1,297,449 3.6% $1,252,477 40.2% $925,626 SP/LP Ratio 99.9% -1.3% 101.2% 2.1% 97.8% Average Market Time 47 -11.3% 53 -28.8% 66 Number of Sales YTD 428 -23.0% 556 -35.5% 664 Expired Listings 121 16.3% 104 -37.6% 194 Months of Inventory 2.2 83.3% 1.2 15.8% 1.9 % Under Contract 23% -64.6% 65% -60.3% 58% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023 Boulder County Suburban Plains

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 38 52.0% 25 -15.6% 45 Median Sales Price $925,000 4.7% $883,750 39.9% $661,000 Average Sales Price $1,220,386 11.8% $1,091,683 47.2% $828,933 SP/LP Ratio 99.6% -0.4% 100.0% 2.0% 97.6% Average Market Time 60 -9.1% 66 -15.5% 71 Number of Sales YTD 242 -34.9% 372 -18.0% 295 Expired Listings 117 39.3% 84 -12.7% 134 Months of Inventory 1.9 137.5% 0.8 5.6% 1.8 % Under Contract 34% -39.3% 56% 25.9% 27% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023 Boulder County Suburban Mountains

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 14 7.7% 13 40.0% 10 Median Sales Price $973,000 -0.4% $976,700 44.1% $675,000 Average Sales Price $991,280 -3.0% $1,021,782 38.6% $714,998 SP/LP Ratio 103.8% -3.4% 107.5% 3.2% 100.6% Average Market Time 45 15.4% 39 15.4% 39 Number of Sales YTD 81 -4.7% 85 -35.7% 126 Expired Listings 32 220.0% 10 166.7% 12 Months of Inventory 2.1 16.7% 1.8 110.0% 1 % Under Contract 50% -7.4% 54% 0.0% 50% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023 Boulder County Town of Superior

Family

Boulder County City

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 158 953.3% 15 485.2% 27 Median Sales Price $685,000 5.0% $652,500 20.2% $570,000 Average Sales Price $761,027 5.2% $723,422 19.9% $634,888 SP/LP Ratio 102.0% -1.3% 103.3% 2.3% 99.7% Average Market Time 33 3.1% 32 -25.0% 44 Number of Sales YTD 803 185.8% 281 81.3% 443 Expired Listings 146 356.3% 32 102.8% 72 Months of Inventory 2.36 293.3% 0.6 237.1% 0.7 % Under Contract 42% -58.0% 100% 13.5% 37% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023

of Broomfield Single

Single Family

Year 2022 % Change Year 2021 2 yr. Change Year 2020 Total Active Listings 112 300.0% 28 387.0% 23 Median Sales Price $773,574 12.5% $687,500 35.7% $570,000 Average Sales Price $833,155 13.2% $735,789 38.5% $601,581 SP/LP Ratio 101.3% -1.9% 103.3% 2.1% 99.2% Average Market Time 26 -18.8% 32 -55.9% 59 Number of Sales YTD 624 95.0% 320 18.2% 528 Expired Listings 85 174.2% 31 -7.6% 92 Months of Inventory 2.2 100.0% 1.1 340.0% 0.5 % Under Contract 52% -36.6% 82% 0.0% 52% 30 Year Mortgage 6.42% 107.1% 3.10% 139.6% 2.68% From IRES MLS 1/5/2023 Boulder County Town of Erie

Single-Family Recap

Single Family Sold by Area Year End 2022 2014 2015 2016 2017 2018 2019 2020 2021 2022 Boulder 723 693 625 675 628 664 717 750 537 Louisville 179 204 182 235 193 230 211 177 148 Lafayette 314 291 221 290 274 318 322 252 194 Longmont 1100 1236 1103 1152 1125 1197 1279 1054 737 Plains 560 652 627 644 645 600 664 556 428 Mountains 250 333 265 269 266 260 295 372 242 Superior 120 128 135 114 95 134 126 85 81 Boulder County 3251 3539 3163 3393 3236 3411 3651 3252 2374 Broomfield 803 Erie 624

Single Family Median Price by Area Year End 2022 2016 2017 2018 2019 2020 2021 2022 Boulder $885,000 $910,000 $954,700 $976,250 $1,000,000 $1,350,070 $1,454,250 Louisville 594,500 630,000 669,000 651,000 710,000 860,000 958,000 Lafayette 483,500 525,000 585,000 607,500 590,000 750,000 924,857 Longmont 357,900 390,500 429,000 435,000 463,000 538,500 614,900 Plains 615,000 645,575 650,000 678,000 729,950 914,140 952,450 Mountains 525,000 592,500 621,500 643,580 661,000 883,750 925,000 Superior 596,000 618,250 645,000 676,750 675,000 976,700 973,000 Boulder County 529,000 555,000 595,000 601,000 638,500 815,000 875,000 Broomfield 450,000 500,000 525,000 549,000 570,000 652,500 685,000 Erie 455,000 480,000 510,000 536,220 570,000 687,500 773,574

Single Family Average Sales Price Year End 2022 2016 2017 2018 2019 2020 2021 2022 Boulder $1,071,554 $1,094,319 $1,215,000 $1,246,250 $1,291,130 $1,619,794 $1,746,046 Louisville 634,438 666,128 749,600 724,100 768,250 946,393 1,069,437 Lafayette 552,981 570,010 618,000 646,240 653,892 805,493 999,979 Longmont 387,832 422,178 461,700 470,450 508,361 592,117 661,031 Plains 731,698 796,447 839,200 842,600 925,626 1,252,477 1,297,449 Mountains 691,252 632,256 777,800 817,500 828,933 1,091,683 1,220,386 Superior 614,912 635,117 677,200 708,900 714,998 1,021,782 991,280 Boulder County 652,214 680,647 745,985 755,000 799,844 1,046,626 1,143,282 Broomfield 496,456 537,262 561,700 595,400 634,888 723,422 761,027 Erie 496,007 508,303 535,900 586,684 601,581 735,789 833,155

U/C at Year End - Single Family 2016 2017 2018 2019 2020 2021 2022 Boulder 53% 47% 38% 33% 39% 50% 31% Louisville 45% 62% 54% 45% 85% 91% 13% Lafayette 49% 53% 46% 47% 60% 67% 59% Longmont 52% 63% 48% 43% 75% 88% 33% Sub. Plains 31% 32% 31% 36% 58% 65% 23% Mountains 32% 33% 35% 28% 27% 56% 34% Superior 45% 50% 67% 52% 50% 54% 50% Boulder County 44% 48% 42% 38% 56% 69% 32% Broomfield 42% Erie 52%

This representation is based in whole or in part on data supplied by IRES MLS for the time period above

on Jan 6 2023 PRICE RANGE # ON MARKET MONTHS OF INVENTORY # SOLD # Listed 4th Qtr 2022 $0 - $99,999 1 0 0 0 $100,000 - 149,999 0 0 0 0 $150,000 - 199,999 0 0 0 0 $200,000 - 249,999 1 1 3 1 $250,000 - 299,999 3 1 1 1 $300,000 - 349,999 7 1 0 1 $350,000 - 399,999 5 1 1 1 $400,000 - 449,999 13 2 0 2 $450,000 - 499,999 26 8 1 1 $500,000 - 549,999 34 5 0 5 $550,000 - 599,999 26 10 1 5 $600,000 - 649,999 30 10 1 5 $650,000 - 699,999 25 18 2 12 $700,000 - 749,999 26 9 1 7 $750,000 - 799,999 21 8 1 3 $800,000 - 849,999 24 3 0 3 $850,000 - 899,999 22 10 1 8 $900,000 - 949,999 18 5 1 4 $950,000 - 999,999 12 5 1 3 $1,000,000 - 1,099,999 13 6 1 3 $1,100,000 - 1,199,999 26 14 2 7 $1,200,000 - 1,299,999 19 10 2 8 $1,300,000 - 1,399,999 17 4 1 3 $1,400,000 - 1,499,999 12 7 2 3 $1,500,000 - 1,599,999 6 8 4 7 $1,600,000 - 1,699,999 10 5 2 5 $1,700,000 - 1,799,999 5 3 2 2 $1,800,000 - 1,899,999 5 4 2 1 $1,900,000 - 1,999,999 7 1 0 1 $2,000,000 - 31 65 6 35 TOTALS: 445 224 1.51 137

Prepared by RE/MAX of Boulder, Inc. For Boulder County

2. Boulder, CO

According to data from the Federal Housing Administration (FHA), the home price index in Boulder, Colorado rose by more than 277% from 1997 through 2021. Additionally, home prices in Boulder have been relatively stable during that 25-year period, with a 1% chance of a 5% or more drop in home price within a decade of buying.