|A LOOK AT THE MARKET
Real estate in the city of Boulder mostly reflected what’s typically a slower season for buying and selling. The number of new single-family homes for sale decreased from 153 in June to 124 in July. However, days on market decreased and sales ticked up from 89 in June to 97 last month.
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The median sales price was $1,275,000, down compared to the month prior and 6.6% below July of 2022. By the close of the month, there was a 3.7-month supply of homes for sale in the city of Boulder. While that number has been creeping up, it seems to be holding for now.
As for Boulder County as a whole, the median single-family home price inched up slightly from $839,000 in June to $840,000 in July. That’s even 1.7% higher than 2022 prices. The standout here was Louisville where the median home price jumped to $1,075,000.