Real Estate & Construction  January 15, 2015

Luxury home sale prices drop in Boulder County, climb in Larimer/Weld

The median sale price of luxury homes sold in Boulder County declined from November to December while it increased in Larimer and Weld counties, according to a report released Thursday by Coldwell Banker Residential Brokerage.

The report, based on Information and Real Estate Services LLC data, defines a luxury home as a single-family home or a condominium that sells for $500,000 or more.

In Boulder County, 91 luxury homes sold at a median price of $666,000 in December, compared with the same number of homes selling in November for a median price of $700,000, according to the report.

SPONSORED CONTENT

Business Cares: March 2024

WomenGive, a program of United Way of Larimer County, was started in Larimer County in 2006 as an opportunity for women in our community to come together to help other women.

For the year, 1,350 luxury homes were sold compared with 1,316 in 2013, a 2.6 percent increase.

The number of unsold luxury homes on the market in Boulder County was 399 in December, up from 355 in November, but down from 485 in December 2013.

The report combined sales of luxury homes in Larimer and Weld counties. In those counties, 51 luxury single-family homes and condominiums were sold in December at a median price of $575,000, compared with 47 sold in November at a median price of $570,000.

For the year, 706 luxury homes were sold, a 20.5 percent increase compared with 586 sold in 2013.

The number of unsold luxury homes on the market in Larimer and Weld counties was 497 in December, down from 531 in November and up from 467 in December 2013.

The median sale price of luxury homes sold in Boulder County declined from November to December while it increased in Larimer and Weld counties, according to a report released Thursday by Coldwell Banker Residential Brokerage.

The report, based on Information and Real Estate Services LLC data, defines a luxury home as a single-family home or a condominium that sells for $500,000 or more.

In Boulder County, 91 luxury homes sold at a median price of $666,000 in December, compared with the same number of homes selling in November for a median price of $700,000, according to the report.

For the year, 1,350 luxury homes…

Sign up for BizWest Daily Alerts