Boulder Real Estate May Stats Update

Our statistics for sold Boulder real estate as of June 2, 2008 need to be updated now that there’s been some time for all the data to get in. I previously noted that records showed 55 homes were sold in May this year. The latest numbers show that a total of 78 homes were sold in May at an average price of $672,322, and the average days on market for those was 110 days.

When compared with May 2007, we show that 115 homes were sold at an average price of $671,239 and the average days on the market last May was 79. That’s a pretty flat market if we compare these two months.

Here’s some additional quarterly data that might be interesting to those of you who like numbers.

Boulder Single Family Homes Sold Data Comparing First Quarter 2008 vs First Quarter 2007 :

Units Sold 2008 Qtr 1: 152

% diff from prev year: -12%

Sales Volume 2008 Qtr 1: $100,818,392

% diff from prev year: -20%

Median Price 2008 Qtr 1: $539,000

% diff from prev year: -7%

It’s time to buy.

Comments

One Response to “Boulder Real Estate May Stats Update”

  1. jocko on June 29th, 2008 5:57 am

    Actually, it’ll be time to buy when prices start to reflect that 32% drop in year over year volume, which they do not yet.

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