Depending on which city you look at the Boulder Valley and Northern Colorado markets, you could see a double-digit increase in November median prices year-over-year, or an equally significant price decline.
There were 34 homes sold in Boulder last month, down from 39 in October, according to new data from Information and Real Estate Services LLC, a Loveland-based multi-listing service. The median home price in Boulder was nearly $1.35 million in November, down from October’s 2023 high of $1.55 million, but up 3.6% from a year ago.
In Estes Park, 19 homes were sold in November, down nine from the previous month. The average price of homes sold last month was $750,000, down 10.2% from the same month in 2022.
In Fort Collins, 125 homes were sold last month, down from 145 in October. The median sales price in November was $575,000, down 1.7% from the same month last year.
In the Greeley-Evans area, there were 64 sales in November. This is the lowest monthly total sales this year, lower than the 87 units sold in October. The median sales price last month was $397,450, down 4.2% from November 2022.
There were 34 homes sold in Longmont last month, 14 fewer than in October. The median sales price in November was $665,000, the highest monthly price of the year and an 18.8% increase from the previous year.
There were 96 homes sold in the Loveland-Bertheux market last month, 12 fewer than in October. The median sales price in November was $519,912, down 1% from the same month last year.