Residential housing market continues at breakneck pace

Residential home sales in the four-county BizWest region of Boulder, Broomfield, Larimer and Weld counties continue on a record breaking pace. The 2,215 homes sold in June represented a 10 percent increase over last year, and the median price broke $300,000 for the first time, hitting $305,000, an increase of 14.2 percent from June last year.

For the first six months of the current year, home sales are up 8.3 percent, and the median price is up 14.9 percent, to $298,725.

By area, Weld County leads the way with a 15.2 percent increase in sales, and Larimer County…