|A LOOK AT THE MARKET!
In Boulder, median single-family home prices came down month-over-month from $1,370,000 to $1,198,350 in November. Thats also 11.2% lower than homes were selling for a year ago.
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Looking at the Boulder County market as a whole, the pattern repeats. Prices came down by $70K and homes are selling for 5.2% less than they were in 2021. In Longmont, prices are more resilient. While down month-over-month, theyre still 1.1% higher compared to November 2021.
Meanwhile, condos and townhomes jumped in price as buyers look for more affordable options. And inventory continues to keep the market steady with steep declines in new homes for sale.