Economy & Economic Development  September 11, 2018

Median single-family home prices climb in region — with one notable exception

LOVELAND — Median home sale prices for single-family homes in August climbed from the previous month in every city in the region except for Boulder.

In July, the median sales price for Boulder was nearly $1.05 million while in August that price dropped slightly to more than $958,000, according to a report released by Information and Real Estate Services Inc., a multiple-listing service based in Loveland.

However, year-over-year, prices increased for every city in the region in August. IRES tracks home sales in Boulder, Fort Collins, Longmont, Loveland/Berthoud, Greeley/Evans and Estes Park, all markets within Boulder, Broomfield, Larimer and Weld counties.

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In Boulder, the August median sales price was $958,250, a climb of $118,000 more than it was for the same month in 2017. In August, there were 46 sales from 178 listings with an average time on the market of 68 days.

In Fort Collins, the August median sales price was $425,000, almost $54,000 more than it was a year ago. There were 289 sales from 723 listings with an average time on the market of 62 days.

In the Greeley/ Evans market, the August median sales prices was $304,550, an increase of about $22,500 from the same period last year. There were 304 listings with 175 sales and an average of 57 days on the market.

The August median sales price in the Longmont market was $450,000, about $10,000 more than the previous year. Of 198 listings, there were 137 sales with an average of 49 days on the market.

In the Loveland/ Berthoud market, the August median sales price was $400,000, almost $17,000 more than the year before. There were 205 sales from 475 listings with an average time on the market of 71 days.

In the Estes Park market, the median sales prices was $469,000, a $69,000 increase from the previous year. There were 41 sales from 146 listings with an average of 90 days on the market.

 

LOVELAND — Median home sale prices for single-family homes in August climbed from the previous month in every city in the region except for Boulder.

In July, the median sales price for Boulder was nearly $1.05 million while in August that price dropped slightly to more than $958,000, according to a report released by Information and Real Estate Services Inc., a multiple-listing service based in Loveland.

However, year-over-year, prices increased for every city in the region in August. IRES tracks home sales in Boulder, Fort Collins, Longmont, Loveland/Berthoud, Greeley/Evans and Estes Park, all markets within…

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