Median home prices in region up in January, except for Boulder

LOVELAND — The median sales price of single-family homes in markets that make up Northern Colorado and the Boulder Valley increased in January compared with prices that closed out 2016 with one exception — Boulder.

Boulder had the highest median sales price at $825,000 in January, but it was a 16.6 percent decline compared with $989,000 at the end of last year. There were 46 home sales out of 109 listings with an average of 85 days on the market, according to a report released Tuesday by Information Real Estate Services Inc., a multiple-listing service based in Loveland.

Estes Park registered the second-highest median sales price in January — $464,500 — a 26 percent increase compared with the end of 2016. It had 13 sales from 104 listings with an average of 125 days on the market — the longest time period in the region.

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The median price during January in Longmont of $376,950, a 25.6 percent increase, passed Fort Collins, which had a median sales price during the month of $361,275, a 9.5 percent increase. Longmont had 42 sales, 131 listings and the shortest length of time on the market at 60 days. Fort Collins had 142 sales, 487 listings and an average of 84 days on the market.

The Loveland/Berthoud market’s median sales price increased 5.1 percent to $341,0000 with 115 sales, 347 listings and an average time on the market of 87 days.

The Greeley/Evans market’s median sale price increased 21 percent to $257,000. Ninety-nine sales were recorded from 241 listings with an average time on the market of 61 days.