I always like to look at data to get a true picture of what is happening in our local market. The Boulder/Denver Metro area is performing very well. The most significant factor affecting our statistics today is the lack of inventory due to the reduced numbers of foreclosures and lack of new housing units for sale. New contruction has been very slow over the last five years. Some highlights:
- On a year to year comparison the number of condominium units sold in Boulder increased by 21.8% (single family increased by 27.6%)
- Most communities saw an increase in prices. Median condo price in Boulder increased by 5.4%. Denver condos by 15.1%. Single family homes in Boulder saw an increase of 4.7%.
