Is West Boulder, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Boulder is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Boulder has remained a Seller's Market.

Key Takeaway

West Boulder is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Boulder, CO

How much do homes in West Boulder, CO cost?

Median Sold Price

$1,236,639

$719/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$103,360(-7.7%)

Key Takeaway

Homes in West Boulder have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in West Boulder was $1,236,639 in November 2024, down 7.7% from last year, and the median price per square foot was $719.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $429K$445K
+3.7%
2 $835K$833.2K
-0.2%
3 $1.7M$1.3M
-22.8%
4 $2.2M$1.9M
-9.8%
5+ $3.2M$2.2M
-31.3%

Summary: West Boulder housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 22.8%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 31.3%.

Housing Supply in West Boulder, CO

How many homes are available in West Boulder, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
149150+0.7%

Summary: The West Boulder real estate market had 150 homes for sale in November 2024, a 0.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1824
+33.3%
2 4138
-7.3%
3 3027
-10.0%
4 3535
0.0%
5+ 2526
+4.0%

Summary: The West Boulder housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1832+77.8%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Boulder, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in West Boulder in November 2024, up by 77.8% month-over-month. Of the 32 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.

Days on Market for West Boulder, CO

How long does it take to sell a home in West Boulder, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days75 Days+59.6%

Summary: Homes in West Boulder had an average of 75 days on market in Nov 2024, up by 59.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Boulder has remained consistent over time.

Summary: During November 2024, 32 homes were sold in West Boulder; 31% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in West Boulder, CO

Nearby Markets to West Boulder, CO