Average selling price in Boulder nearing $1 million

After several months of double-digit increases in monthly residential sales, things slowed a bit in July with a total of 2,064 homes sold in Boulder, Broomfield, Larimer and Weld counties. This represented a 3.6 percent drop in sales compared with a year earlier and is the first decrease this year. The median selling price is another story, as it reached $302,675 in July, the highest monthly figure ever and a 12.6 percent increase from a year ago. We also recorded the first month when the median selling price actually was more than the median asking price for all…