Economy & Economic Development  July 14, 2016

Boulder tallied 57 million-dollar home sales in June

BOULDER — Boulder saw a whopping 57 million-dollar home sales in June, twice as many as the same month a year ago.

That’s according to the latest luxury homes report released by Coldwell Banker Residential Brokerage, which bases figures on Multiple Listing Service data of all homes sold for $1 million or more in the region.

The report comes on the heels of data released earlier this week showing that the median price of a detached single-family home in Boulder fell just shy of $1 million for the month of June at $992,500.

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Boulder boasted 28 million-dollar home sales in June 2015. But luxury-home sales climbed across the region this year, going from 179 in June of last year to 223 this year. Denver led the way, with 68 such sales, followed by Boulder, Greenwood Village with 15 and Castle Rock with 10.

June’s figure rose from May’s level of 168, though some of that gain is due to normal seasonal fluctuation entering the summer months.

Included in the 223 million-dollar sales metrowide were 35 sales of $2 million or more, up from 14 in June of last year. Nine of those were sold for $3 million or more, up from four last year.

“We’ve started seeing a few more listings coming on the market this spring, and those are turning into more closed sales this summer as they work their way through the pipeline,” Coldwell Banker Residential Brokerage president Chris Mygatt said in a release.

The most-expensive home sale in the metro area in June was a six-bedroom, 11,500-square-foot home in Cherry Hills Village that sold for $5,275,000. Luxury homes in the metro area sold in an average of 65.6 days on the market, down from 68.6 a year earlier.

BOULDER — Boulder saw a whopping 57 million-dollar home sales in June, twice as many as the same month a year ago.

That’s according to the latest luxury homes report released by Coldwell Banker Residential Brokerage, which bases figures on Multiple Listing Service data of all homes sold for $1 million or more in the region.

The report comes on the heels of data released earlier this week showing that the median price of a detached single-family home in Boulder fell just shy of $1 million for the month of June at $992,500.

Boulder boasted 28 million-dollar home sales in June 2015. But…

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