August 17, 2022

Home prices moderate in face of rising interest rates

In the face of rising interest rates, median home prices dipped in most communities in the Boulder Valley and Northern Colorado, except for Boulder and Loveland/Berthoud.

Boulder median prices rose to $1.55 million from $1.49 million the month prior, compared with $1.35 million in July 2021, according to statistics maintained by Information and Real Estate Services LLC, the multiple listing service based in Loveland.

Boulder had 143 active listings, which was more than the 109 in July a year ago; 44 single-family properties sold during the month.

The median sales price in LovelandBerthoud rose to $595,000 for July, a jump from $545,000 in…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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