BOULDER LUXURY MARKET

Boulder County is an eclectic community filled with plenty of natural spaces, a lively restaurant and entertainment scene, and one of the most desirable lifestyles in the country. Recently ranked as the No. 1 city in the nation to live in by U.S. News & World Report, Boulder is a popular destination for buying and selling luxury real estate.

Overall, Boulder County has seen a 13.0% increase in the number of luxury properties sold in 2022 compared to 2021. The average sale price for luxury homes in this area decreased slightly by 2.5%, bringing the average price for local luxury properties to $1,753,231. The increase in the number of properties sold boosted the total dollar volume sold by 10.2%, which brings the total to $2,309,005,093.

Looking at individual neighborhoods, Downtown Boulder had the most impressive increase in luxury listings sold. In 2022, there were 33 luxury homes sold, which is 22.2% more than during 2021. This community also saw the most appreciation 2022, with average sale prices for luxury homes rising by 44.1% to reach an average price of $2,465,328.

The speed of the luxury real estate market in Boulder County decreased over the course of the last 12 months. University Hill and Chautauqua had the quickest pace of sale out of the local luxury markets with homes in the area remaining on the market for an average of just 52 days. Other neighborhoods saw slightly longer average days on market for luxury homes, such as Boulder County Plains where homes spent 62 days on the market.

22.7%

The highest sale price in Boulder County Plains increased by 22.7% January through December 2022 compared to that of 2021.

The highest sale price in the Foothills Communities increased by 26.6% in 2022 compared to that of 2021.