Annual Market Statistics - City of Boulder
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Boulder single family median home prices have been flat
over the last five years. Both
2010 and 2011 saw a slight increase (about 1.5% each year)
in median price.
Boulder has been very fortunate so far with the state of
the current economy and housing situation to remain
fairly stable.
The median price on attached dwellings (condos) has been
flat (on average) over the last five years. 2011 was a tough year
for condo sales. Number of sales was down almost 10% (though part of
that is due to the higher sales in 2010 due to the first time home
buyer tax credit). 2011 also saw a drop of
5.1% in median price over 2010.
With the University, high tech companies, and more, Boulder is and will
continue to be a great place to invest in real estate.
|
2011 |
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
| 2011 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
633 |
417,005,761 |
658,777 |
540,000 |
1.5 |
| Attached |
614 |
179,378,389 |
292,147 |
236,250 |
-5.1 |
| Income |
33 |
25,475,200 |
771,975 |
670,000 |
-4.3 |
| Lease |
1 |
15 |
15 |
N/A |
N/A |
| Commercial |
9 |
5,551,500 |
616,833 |
365,000 |
59.2 |
| Vacant Land |
11 |
8,002,788 |
727,526 |
373,788 |
-34.2 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
1301 |
635,413,653 |
|
|
|
| 2010 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
639 |
412,806,978 |
646,020 |
532,000 |
1.4 |
| Attached |
676 |
202,547,136 |
299,626 |
248,718 |
2.8 |
| Income |
33 |
32,990,665 |
999,717 |
700,000 |
0.8 |
| Lease |
2 |
24 |
12 |
N/A |
-38.9 |
| Commercial |
9 |
1,729,200 |
192,133 |
149,000 |
N/A |
| Vacant Land |
5 |
3,940,420 |
788,084 |
567,500 |
N/A |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
1364 |
654,014,423 |
|
|
|
| 2009 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
563 |
364,589,983 |
647,584 |
525,000 |
-2.4 |
| Attached |
628 |
194,004,134 |
308,923 |
242,000 |
-5.1 |
| Income |
21 |
17,959,000 |
855,190 |
695,000 |
29.3 |
| Lease |
1 |
18 |
18 |
N/A |
5.9 |
| Commercial |
4 |
1,519,500 |
379,875 |
N/A |
-59.8 |
| Vacant Land |
4 |
2,937,500 |
734,375 |
N/A |
-43.3 |
| Farms |
0 |
0 |
0 |
N/A |
-100 |
| Total |
1225 |
581,168,135 |
|
|
|
| 2008 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
753 |
494,472,280 |
656,669 |
539,000 |
-2.0 |
| Attached |
712 |
211,995,367 |
297,746 |
249,000 |
3.8 |
| Income |
26 |
17,268,500 |
664,173 |
537,500 |
-18.6 |
| Lease |
3 |
38,553 |
12,851 |
N/A |
--- |
| Commercial |
8 |
8,684,000 |
1,085,500 |
845,000 |
38.5 |
| Vacant Land |
6 |
4,850,000 |
808,333 |
750,000 |
30.4 |
| Farms |
1 |
1,400,000 |
1,400,000 |
N/A |
--- |
| Total |
1511 |
738,827,200 |
|
|
|
| 2007 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
934 |
619,105,162 |
662,853 |
550,500 |
1.0 |
| Attached |
796 |
223,603,444 |
280,908 |
240,000 |
no change |
| Income |
48 |
45,130,356 |
940,215 |
660,000 |
-2.2 |
| Lease |
0 |
0 |
0 |
0 |
-100.0 |
| Commercial |
16 |
13,761,740 |
860,108 |
585,000 |
1.7 |
| Vacant Land |
11 |
8,933,766 |
812,160 |
575,000 |
-2.5 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
1805 |
910,534,468 |
|
|
|
| 2006 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
994 |
635,084,258 |
638,917 |
545,000 |
4.9 |
| Attached |
825 |
224,150,418 |
271,697 |
240,000 |
no change |
| Income |
32 |
27,449,610 |
857,800 |
660,000 |
5.3 |
| Lease |
1 |
1,160 |
1,160 |
1,160 |
-- |
| Commercial |
11 |
9,204,000 |
836,727 |
575,000 |
-35 |
| Vacant Land |
18 |
11,289,000 |
627,166 |
607,500 |
10.5 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
1883 |
907,228,446 |
|
|
|
| 2005 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
1004 |
609,571,562 |
607,142 |
519,500 |
11.7 |
| Attached |
902 |
248,282,084 |
275,257 |
239,750 |
4.2 |
| Income |
62 |
41,715,376 |
672,828 |
617,500 |
8.3 |
| Lease |
0 |
0 |
0 |
0 |
-- |
| Commercial |
10 |
8,756,000 |
875,600 |
769,000 |
13.9 |
| Vacant Land |
7 |
3,807,000 |
543,857 |
450,000 |
42.9 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
1979 |
909,848,522 |
|
|
|
| 2004 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
1035 |
554,774,727 |
536,014 |
467,000 |
11.3 |
| Attached |
772 |
192,957,529 |
249,944 |
230,000 |
4.1 |
| Income |
57 |
34,724,100 |
609,194 |
570,000 |
3.7 |
| Lease |
0 |
0 |
0 |
0 |
-- |
| Commercial |
10 |
7,617,500 |
761,750 |
675,000 |
14.4 |
| Vacant Land |
6 |
3,011,500 |
501,916 |
315,000 |
-20.5 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
1880 |
793,085,356 |
|
|
|
| 2003 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
955 |
459,219,426 |
480,858 |
419,900 |
3.7 |
| Attached |
700 |
164,958,226 |
235,654 |
221,660 |
2.1 |
| Income |
40 |
24,493,940 |
612,348 |
549,900 |
15.8 |
| Lease |
0 |
0 |
0 |
0 |
-- |
| Commercial |
8 |
8,055,905 |
1,006,988 |
590,000 |
96.7 |
| Vacant Land |
11 |
5,868,500 |
533,500 |
396,000 |
2.9 |
| Farms |
0 |
0 |
0 |
0 |
-100 |
| Total |
1714 |
662,595,997 |
|
|
|
| 2002 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
844 |
407,385,551 |
482,684 |
405,000 |
-1.2 |
| Attached |
665 |
153,572,014 |
230,935 |
217,100 |
5.3 |
| Income |
32 |
16,050,700 |
501,584 |
475,000 |
-3.1 |
| Lease |
0 |
0 |
0 |
0 |
-100 |
| Commercial |
2 |
1,075,000 |
537,500 |
300,000 |
20.5 |
| Vacant Land |
5 |
3,150,000 |
630,000 |
385,000 |
35.6 |
| Farms |
1 |
405,000 |
405,000 |
405,000 |
-43.0 |
| Total |
1549 |
581,638,265 |
|
|
|
| 2001 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
811 |
384,798,218 |
474,473 |
410,000 |
9.6 |
| Attached |
616 |
136,824,697 |
222,118 |
206,250 |
17.9 |
| Income |
23 |
11,646,574 |
506,372 |
490,000 |
11.6 |
| Lease |
2 |
4,415 |
2,207 |
15 |
-95.1 |
| Commercial |
5 |
4,364,000 |
872,800 |
249,000 |
-62.6 |
| Vacant Land |
5 |
1,749,000 |
349,800 |
284,000 |
22.9 |
| Farms |
1 |
710,000 |
710,000 |
710,000 |
80.5 |
| Total |
1463 |
540,096,904 |
|
|
|
| 2000 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
933 |
406,373,042 |
435,555 |
374,000 |
24.7 |
| Attached |
632 |
118,821,680 |
188,008 |
174,900 |
24.9 |
| Income |
25 |
12,278,540 |
491,141 |
439,000 |
21.9 |
| Lease |
4 |
501,409 |
125,352 |
305,000 |
-99.9 |
| Commercial |
7 |
6,750,000 |
964,285 |
665,000 |
-19.4 |
| Vacant Land |
12 |
3,206,800 |
267,233 |
231,000 |
-35.8 |
| Farms |
1 |
393,250 |
393,250 |
393,250 |
107.0 |
| Total |
1614 |
548,324,721 |
|
|
|
| 1999 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
1024 |
353,875,973 |
345,582 |
300,000 |
9.5 |
| Attached |
741 |
113,035,245 |
152,544 |
140,000 |
7.7 |
| Income |
47 |
21,866,643 |
465,247 |
360,000 |
15.0 |
| Lease |
3 |
1,455,281 |
485,093 |
240,000 |
500.0 |
| Commercial |
5 |
7,304,645 |
1,460,929 |
825,000 |
91.7 |
| Vacant Land |
4 |
1,545,000 |
386,250 |
360,000 |
278.9 |
| Farms |
2 |
521,000 |
260,500 |
190,000 |
--- |
| Total |
1826 |
499,603,787 |
|
|
|
| 1998 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
1083 |
342,148,953 |
315,927 |
274,000 |
--- |
| Attached |
705 |
95,605,920 |
135,611 |
130,000 |
--- |
| Income |
37 |
12,389,574 |
334,853 |
313,000 |
--- |
| Lease |
1 |
40,000 |
40,000 |
40,000 |
--- |
| Commercial |
10 |
6,637,900 |
663,790 |
430,300 |
--- |
| Vacant Land |
7 |
945,077 |
135,011 |
95,000 |
--- |
| Farms |
0 |
0 |
0 |
0 |
--- |
| Total |
1843 |
457,767,424 |
|
|
|
Source: IRES - Information Real Estate Services