Whether you’re looking to settle into Boulder or itching to sell, here are some real estate market updates that could be the push you need. Here’s the breakdown on how the county fared for February 2025. Thanks to Anthony Meisner with Land Title for providing this data!
Inventory Is Increasing
Like last month, inventory continues to grow and stay strong in Boulder County, increasing up to 34%. This is an ideal time for buyers to explore listings without feeling rushed as there are more sellers than buyers (140 more sellers). For sellers, this means standing out from other properties is essential. Set your home apart by investing in staging, quality photographs, and marketing.
Single Family Homes And Condos/Townhouses
For those looking to buy a single-family home, the market is stable. The average sale price of a single-family home is precisely where it was last year (under $1.1 million on average). As a seller, luxury home sales are on the downturn, but more modest homes are what buyers are looking for. On the other hand, luxury condos are the most profitable in the market compared to low-end condos. Due to the extra inventory, per square footage pricing is decreasing. This price decrease is excellent for buyers looking to move into a luxury building in Boulder.
Days In MLS
The days in the MLS and the percentage closed price to list price appear the same as they did this time last year. The higher inventory level means it takes a little longer to sell—business as usual compared to the previous year. Showings are down 25%; however, contacts are increasing due to an elevated number of buyers. People are buying more than the increasing inventory and going under contract quicker in that three-month selling and showing period.
Interest Rates
Interest rates are currently stable, but they are predicted to drop moderately by the end of the year. This would boost contract numbers positively, with more deals closing. Boulder is looking to exceed last year’s inventory levels unless interest rates decrease and more real estate is sold.
Overall, Boulder County’s vast real estate market offers many options for buyers and sellers. Whether you’re buying or selling, hang in there! Spring is a busy season for Boulder County’s real estate demand and having guidance can be a huge help. Have questions about navigating our market? Please don’t hesitate to contact me!