The median price for single-family homes in the Loveland and Berthoud area hit a high for the year in August, while the median price in Boulder dropped for the third month in a row after eclipsing $750,000 in May
The figures are from the latest IRES report on home sales in the Boulder Valley and Northern Colorado
If asked to identify any emerging theme resulting from the events of 2020, I’d have to say that we are challenging historical norms at a record-setting pace. There is a large degree of discord in our political system regarding the state of our economy and the suggestions on how to fix it are endless.
The Loveland/Berthoud area median price in May was $300,000 on 189 sales. That median was up from $260,000 in July and $255,100 for August 2013. Loveland/Berthoud’s previous high for the year had been $279,630 in May.
The median price for a single-family home in Boulder was $630,000 on 75 sales in August, down from $701,500 on 92 sales in July. Despite the big decrease, the median was still 6.5 percent higher than for the same month a year ago
Both Fort Collins and Greeley/Evans saw median prices dip slightly in August after 2014 highs in July. The median price in Fort Collins was $286,650, down from $291,157 but up from $266,900 a year ago. In Greeley, the median price dropped from $206,500 in July to $199,950 in August. However, Greeley’s August mark was still 19 percent higher than for the same month a year ago.
In Longmont, meanwhile, the median home price rose more than $9,000 in August to $274,000 on 110 sales.