|A LOOK AT THE MARKET
Compared to the prior month, the Boulder real estate market came to life in February. Though not a repeat of the last couple of years, a lack of home inventory continues to drive the market.
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Taking a closer look, the median single-family home price in the city of Boulder hit $1,400,000, a significant increase compared to $1,140,000 in January. The percentage of list price received also jumped from 96.8% to 98.9% in February.
Across all of Boulder County, the median home price increased to $842,500 versus $762,714 the prior month. Attached homes also increased by $50k. Longmont had another strong month with the median price increasing from $617,825 in January to $660,000 in February.