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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Boulder was a Seller's Market.

Key Takeaway

West Boulder is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Boulder, CO

How much do homes in West Boulder, CO cost?

Median Sold Price

$1,250,000

$705/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$150,000(-10.7%)

Key Takeaway

Homes in West Boulder have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in West Boulder was $1,250,000 in October 2024, down 10.7% from last year, and the median price per square foot was $705.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $410K$445K
+8.5%
2 $905K$799.9K
-11.6%
3 $1.7M$1.4M
-16.6%
4 $2.3M$2.0M
-13.0%
5+ $3.2M$2.1M
-32.8%

Summary: West Boulder housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes decreased by 16.6%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 32.8%.

Housing Supply in West Boulder, CO

How many homes are available in West Boulder, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
150162+8.0%

Summary: The West Boulder real estate market had 162 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1620
+25.0%
2 3844
+15.8%
3 2834
+21.4%
4 4037
-7.5%
5+ 2827
-3.6%

Summary: The West Boulder housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1519+26.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was 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. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in West Boulder in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% 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

Oct 2023Oct 2024CHANGE
94 Days56 Days-39.6%

Summary: Homes in West Boulder had an average of 56 days on market in Oct 2024, down by 39.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 19 homes were sold in West Boulder; 21% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 21% 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 16 Days Ago

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