December home price changes mixed in NoCo, Boulder Valley

Editor’s note: The headline and first sentence of this story have been changed to reflect monthly price increases in parts of Boulder and Longmont.

LOVELAND — Median home prices across much of Northern Colorado fell during December, while Longmont and Boulder saw increases for the month, according to a recently released report from Loveland-based multiple-listing service Information and Real Estate Services LLC.

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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Fort Collins saw median prices drop slightly in December after prices had bounced back in November following several down months. Median prices for the month were $400,000, down from $405,000 in November. December’s year-over-year prices were up from $375,500 in 2017. There were 195 sales made during the month from 440 listings. The average time on the market was 81 days.

December median prices also fell a bit in the Greeley/Evans area. The median was $304,900 compared with $316,900 in November. Prices in that market are up 10.9 percent since last December, when the median was $275,000. There were 119 sales made during the month from 193 listings. The average time on the market was 68 days.

In the Loveland-Berthoud market, prices fell from more $408,000 in November to more than $370,000 in December. That figure is up 3.9 percent from December 2017, when median prices were $385,000. There were 149 sales made during the month from 307 listings. The average time on the market was 76 days.

Following two consecutive months of increased median prices, Estes Park prices dropped from $557,500 in November to $492,250 in December. The December median price was up 5.5 percent over the same month last year. There were 19 sales made during the month from 84 listings. The average time on the market was 111 days.

In Boulder, the median single-family home sale price in December climbed to $985,000, up from $907,500 in November. December prices were up 27.10 percent from the same month in 2017. There were 43 sales made during the month from 82 listings. The average time on the market was 69 days.

Median home prices in Longmont bounced from $405,000 in November to more than $456,000 in December. The year-over-year price was up 14.7 percent from the December 2017 mark of $397,500. There were 78 sales made during the month from 117 listings. The average time on the market was 71 days.