Boulder Area Real Estate Market Report YTD February 2021

Inventory levels in the Boulder area have remained low throughout the month of February and prospective buyers are writing offers
well over asking to compete with the multiple-offers scenario. I have come across several situations where offers were $50,000 to
$80,000 over asking with full appraisal gap clauses.

Boulder Area Real Estate YTD February 2021 and Market Outlook

Boulder Area Real Estate Single Family Homes

Boulder Area Real Estate Market Report February 2021

As of February 28th, there were 221 homes for sale in Boulder! As shown on the Overall February page of my report, 71 homes sold in Boulder during the month of February. As is noted on the Boulder page which shows the stats for the last 12 months, the median sold price per square foot is $306 and the discount from ask to sold is 2.1%. Year over year, the days on market has also dropped significantly.

Superior Single Family Homes YTD Over the Last 5 Years

Boulder Area Real Estate Market Report February 2021

Superior and Louisville are both showing extreme inventory shortages with only 13 homes on the market at the end of February in
Superior and 17 in Louisville.

Louisville Single Family Homes YTD Over the Last 5 Years

Boulder Area Real Estate Market Report February 2021

Lafayette Single Family Homes YTD Over the Last 5 Years

Boulder Area Real Estate Market Report February 2021

Lafayette has a bit more inventory with 62 homes at the end of February with homes selling at 99.9% of asking price. Days on the market have dropped considerably year over year. 19 homes sold in Lafayette last month.

If you want similar in-depth information and a breakdown of different areas including Boulder, Superior, Lafayette and Louisville download the full 10-page Boulder Area Real Estate Market Report YTD February 2021!

Once the majority of people are vaccinated and homeowners are comfortable with letting prospective buyers into their homes, there will be a marked increase in inventory. Buyers that have been frustrated submitting offers without success, will be very pleased when this happens.

Helping You Make Informed Decisions Regarding Boulder Area Real Estate

I produce this monthly report to provide you with a high-level overview by looking at the patterns and trends. My goal is to help YOU make sense of the numbers so you can make an informed decision. It is my hope that this report helps you to ”See the Big Picture and All the Details!”

If you see a segment of the market that you would like additional help with understanding please contact me. Or if you desire a specific Home Estimate that I routinely prepare for my clients, please contact me, I would be happy to go to work and get that to you.

This report covers Single Family Homes for the Boulder, Superior, Louisville, and Lafayette communities in the Boulder area.

You will also see a ”slice” of the data by Price Range and by Area for Single Family Homes to provide a more insightful view of the market.

Get your Boulder Area YTD February 2021 Real Estate Market Report

How can I help you with Your Boulder Area Real Estate Needs?

This Boulder Area Real Estate Market Report YTD February 2021 and the level of detail is representative of what you can expect from me as your Real Estate Agent. I hope I can provide the same amount of expertise and insight for you when you are looking to buy or sell in the Boulder area.

Are you wondering what your home is worth in the current market? Do you have questions or want more information about something in the market report? Do you desire a specific Home Estimate that I routinely prepare for my clients? Please contact me or visit this link to get the ball rolling.

Elisabeth Nelson
Broker-Associate
Luxury Home Specialist & New Home Specialist
Coldwell Banker Residential Brokerage
(303)-916-5859
elisabeth.nelson@coloradohomes.com