Boulder County Real Estate Report 4th Quarter 2023
3. Boulder, CO Home to the University of Colorado’s flagship campus, Boulder ranks third-best for housing market growth and stability. Between 1998 and 2022, home prices rose 256.48%, 33rd-most out of the 400 metro areas. While Boulder hasn’t experienced quite the same population spike as the top two cities for housing and growth, it hosts offices of Google and IBM and has a reputation as a startup city.
Attached Dwellings
Boulder County Attached Dwelling Listing Inventory
Boulder County County Boulder
Attached Dwelling Q4
Total Active Listings Median Sales Price Average Sales Price SP/LP Ratio Average Market Time Number of Sales YTD Expired Listings Months of Inventory % Under Contract 30 Year Mortgage From IRES MLS 1/3/2024
2023 116 $492,250 $569,170 99.2% 65 830 261 1.7 32% 6.61%
% Change
63.4% -4.4% -11.4% -2.1% 20.4% -19.3% 29.2% 112.5% 0.0% 3.0%
2022 71 $515,000 $642,549 101.3% 54 1028 202 0.8 32% 6.42%
2 yr. Change
73.1% 7.5% 6.4% -1.4% 14.0% -41.0% 15.5% 183.3% -55.6% 113.2%
2021 67 $458,000 $535,053 100.6% 57 1406 226 0.6 72% 3.10%
of Boulder CityCounty Boulder
Attached Dwelling Q4
Total Active Listings Median Sales Price Average Sales Price SP/LP Ratio Average Market Time Number of Sales YTD Expired Listings Months of Inventory % Under Contract 30 Year Mortgage From IRES MLS 1/3/2024
2023 76 $540,000 $645,416 98.9% 59 367 148 2.5 22% 6.61%
% Change
33.3% -7.7% -16.9% -2.0% -13.2% -29.6% 42.3% 92.3% -47.6% 3.0%
2022 57 $585,000 $776,210 100.9% 68 521 104 1.3 42% 6.42%
2 yr. Change
-19.1% 5.9% 3.8% -0.8% -11.9% -46.5% -3.9% 56.3% -64.5% 113.2%
2021 94 $510,000 $621,543 99.7% 67 686 154 1.6 62% 3.10%
Louisville City of County Boulder
Attached Dwelling Q4
Total Active Listings Median Sales Price Average Sales Price SP/LP Ratio Average Market Time Number of Sales YTD Expired Listings Months of Inventory % Under Contract 30 Year Mortgage From IRES MLS 1/3/2024
2023 8 $535,000 $630,042 98.4% 57 34 15 2.3 13% 6.61%
% Change
100.0% -1.4% 10.8% -3.4% 39.0% -22.7% 150.0% 109.1% -48.0% 3.0%
2022 4 $542,350 $568,674 101.9% 41 44 6 1.1 25% 6.42%
2 yr. Change
300.0% 10.8% 23.4% -2.3% -16.2% -50.7% 200.0% 666.7% -87.0% 113.2%
2021 2 $483,010 $510,536 100.7% 68 69 5 0.3 100% 3.10%
County Boulder Lafayette City of
Attached Dwelling Q4
Total Active Listings Median Sales Price Average Sales Price SP/LP Ratio Average Market Time Number of Sales YTD Expired Listings Months of Inventory % Under Contract 30 Year Mortgage From IRES MLS 1/3/2024
2023 14 $510,000 $501,491 99.6% 55 79 14 2.1 57% 6.61%
% Change
-6.7% -3.2% -2.9% -2.9% 5.8% -18.6% 0.0% 10.5% 21.3% 3.0%
2022 15 $527,000 $516,283 102.6% 52 97 14 1.9 47% 6.42%
2 yr. Change
-39.1% 9.7% 8.0% -3.1% 17.0% -48.4% -22.2% 16.7% -37.4% 113.2%
2021 23 $465,000 $464,453 102.8% 47 153 18 1.8 91% 3.10%
Boulder Longmont City ofCounty
Attached Dwelling Q4
Total Active Listings Median Sales Price Average Sales Price SP/LP Ratio Average Market Time Number of Sales YTD Expired Listings Months of Inventory % Under Contract 30 Year Mortgage From IRES MLS 1/3/2024
2023 70 $454,825 $476,947 99.7% 86 220 59 3.8 37% 6.61%
% Change
-32.7% 0.0% 0.7% -2.3% 138.9% -2.2% 40.5% 322.2% -17.8% 3.0%
2022 104 $455,000 $473,678 102.1% 36 225 42 0.9 45% 6.42%
2 yr. Change
337.5% 13.1% 15.3% -2.5% 115.0% -23.3% 118.5% 442.9% -54.3% 113.2%
2021 16 $402,000 $413,763 102.3% 40 287 27 0.7 81% 3.10%
County Boulder Plains Suburban
Attached Dwelling Q4
Total Active Listings Median Sales Price Average Sales Price SP/LP Ratio Average Market Time Number of Sales YTD Expired Listings Months of Inventory % Under Contract 30 Year Mortgage From IRES MLS 1/3/2024
2023 8 $435,000 $451,476 99.8% 44 77 16 1.2 13% 6.61%
% Change
-11.1% 1.2% -4.7% -1.4% 18.9% -13.5% -20.0% 0.0% -70.5% 3.0%
2022 9 $430,000 $473,810 101.2% 37 89 20 1.2 44% 6.42%
2 yr. Change
-38.5% 17.0% 13.2% -1.2% -8.3% -45.0% 0.0% 9.1% -85.9% 113.2%
2021 13 $371,750 $398,967 101.0% 48 140 16 1.1 92% 3.10%
Boulder of Superior Town County
Attached Dwelling Q4
2023 Total Active Listings 9 Median Sales Price $685,000 Average Sales Price $680,261 SP/LP Ratio 99.2% Average Market Time 79 Number of Sales YTD 49 Expired Listings 8 Months of Inventory 2.2 % Under Contract 66% 30 Year Mortgage 6.61% From IRES MLS 1/3/2024
% Change
-50.0% 10.5% 5.8% -2.2% 102.6% 4.3% -50.0% -52.2% 32.0% 3.0%
2022 18 $620,000 $643,086 101.5% 39 47 16 4.6 50% 6.42%
2 yr. Change
-57.1% -2.1% 5.6% -2.1% 61.2% -27.9% 33.3% -26.7% -13.4% 113.2%
2021 21 $700,000 $644,273 101.4% 49 68 6 3 76% 3.10%
Boulder Broomfield City of County
Attached Dwelling Q4
2023 Total Active Listings 74 Median Sales Price $531,250 Average Sales Price $516,789 SP/LP Ratio 99.3% Average Market Time 62 Number of Sales YTD 234 Expired Listings 36 Months of Inventory 3.8 % Under Contract 39% 30 Year Mortgage 6.61% From IRES and Metrolist MLS 1/3/2024
% Change
-3.9% 0.4% 0.8% -1.6% 87.9% -15.5% 24.1% 15.2% -27.8% 3.0%
2022 77 $529,375 $512,695 100.9% 33 277 29 3.3 54% 6.42%
2 yr. Change
2021
16.1% 14.2% -2.8% 82.4%
$457,500 $452,486 102.1% 34
280.0% -56.7% 113.2%
1 90% 3.10%
BoulderTown County of Erie
Attached Dwelling Q4
Total Active Listings Median Sales Price Average Sales Price SP/LP Ratio Average Market Time Number of Sales YTD Expired Listings Months of Inventory % Under Contract 30 Year Mortgage
2023 27 $528,657 $502,357 98.2% 68 116 23 2.8 41% 6.61%
From IRES and Metrolist MLS 1/3/2024
% Change
-27.0% 8.4% 3.2% -1.8% 78.9% -0.9% -37.8% -26.3% 7.9% 3.0%
2022 37 $487,510 $486,714 100.0% 38 117 37 3.8 38% 6.42%
28.8% 18.4% -3.8% 94.3%
2021 11 $410,300 $424,348 102.1% 35
12.0% -21.2% 113.2%
2.5 52% 3.10%
2 yr. Change
Attached Dwelling Recap
Attached Dwelling Sold by Area Year End 2017
2018
2019
2020
2021
2022
2023
Boulder
569
592
564
646
686
521
367
Louisville
70
71
83
106
69
44
34
Lafayette
136
134
159
138
153
97
79
Longmont
354
336
374
316
287
225
220
Plains
129
126
130
121
140
89
77
Superior
51
89
68
57
68
47
49
Boulder County
1,312
1,351
1,379
1,039
1,108
1028
830
Broomfield
277
234
Erie
117
116
Attached Dwelling Median Sales Price Year End 2017
2018
2019
2020
2021
2022
2023
Boulder
$405,000 $460,000 $450,000 $486,825 $510,000 $585000 $540,000
Louisville
408,455
385,100
430,635
451,200
483,010
542,350
535,000
Lafayette
365,000
366,500
400,900
398,250
465,000
527,000
510,000
Longmont
299,460
332,200
329,900
353,750
402,000
455,000
454,825
Plains
339,900
355,000
349,000
353,000
371,750
430,000
435,000
Superior
336,500
462,400
442,500
525,000
700,000
620,000
685,000
Boulder County
352,758
385,100
385,000
410,000
451,887
515,000
492,250
Broomfield
375,000
335,000
355,000
405,000
457,500
529,375
531,250
Erie
285,000
310,000
332,500
315,000
410,300
487,510
528,657
Attached Dwelling Average Sales Price Year End 2017
2018
2019
2020
2021
2022
2023
Boulder
$465,077 $525,490 $538,360 $564,721 $621,543 $776,210 $645,416
Louisville
435,501
430,100
452,100
479,332
510,536
568,674
630,042
Lafayette
356,169
374,300
405,200
398,309
464,453
516,283
501,491
Longmont
316,613
353,100
345,800
367,732
413,763
473,678
476,947
Plains
358,831
382,000
376,100
377,073
398,967
473,810
451,476
Superior
429,759
458,900
476,150
529,157
644,273
643,086
680,261
Boulder County
400,883
444,600
447,000
479,360
531,870
642,549
569,170
Broomfield
363,124
344,025
365,345
395,972
452,486
512,695
516,789
Erie
321,222
340,000
353,000
353,038
424,348
486,714
502,357
U/C at Year End – Attached Dwelling 2017
2018
2019
2020
2021
2022
2023
Boulder
47%
42%
39%
39%
62%
42%
22%
Louisville
40%
45%
68%
68%
100%
25%
13%
Lafayette
53%
64%
52%
55%
91%
47%
57%
Longmont
70%
31%
50%
78%
81%
45%
37%
Sub Plains
59%
25%
33%
53%
92%
44%
13%
Superior
84%
55%
41%
70%
76%
50%
66%
Boulder County
56%
41%
45%
49%
60%
32%
32%
Broomfield
39%
Erie
41%
# SOLD
# ON MARKET
MONTHS OF INVENTORY
# Listed 4th Qtr 2023
$0 - $99,999
0
0
0
0
$100,000 - 149,999
0
0
0
0
$150,000 - 199,999
0
0
0
0
$200,000 - 249,999
7
2
1
2
$250,000 - 299,999
2
4
6
3
$300,000 - 349,999
8
5
2
5
$350,000 - 399,999
20
13
2
5
$400,000 - 449,999
27
14
2
5
$450,000 - 499,999
33
14
1
9
$500,000 - 549,999
26
11
1
6
$550,000 - 599,999
15
7
1
6
$600,000 - 649,999
9
4
1
0
$650,000 - 699,999
8
2
1
2
$700,000 - 749,999
3
5
5
2
$750,000 - 799,999
7
3
1
2
$800,000 - 999,999
11
12
3
5
$1,000,000 -
13
22
5
10
TOTALS:
189
118
1.87
62
PRICE RANGE
This representation is based in whole or in part on data supplied by IRES MLS for the time period above
Prepared by RE/MAX of Boulder, Inc. For Boulder County on Jan 4 2024
REMAX of Boulder Company Statistics
• Janet Leap, CRS, GRI • Broker Associate • 720.938.4197 • janetleap@boulderco.com • janetleap.com