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Boulder Real Estate Market Stats: August 2022

Boulder Real Estate Market Stats | August 2022 | PorchLight Real Estate Group

What an interesting month for real estate in the city of Boulder. Compared to July, days on market for single-family properties increased from 34 to 47 in August. Yet homes are moving and average sales prices increasing. In July, the average sales price was $1,513,705 and in August, that rose to $1,668,794. That's also 15.2% higher than the same time period in 2021 and a considerable gain in equity for recent buyers.

Common Costs for Home Maintenance & Repair

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Buying a home is likely one of, if not, the biggest investment you'll make in your life. And protecting that investment is an important responsibility. Along with purchasing top-notch insurance, performing ongoing repairs and maintenance are the key to your safety, the enjoyment of your home, and the ability to sell it for top dollar down the road.

Boulder Real Estate Market Stats: July 2022

Boulder Real Estate Market Stats | July 2022 | PorchLight Real Estate Group

The real estate market across Boulder county continues to shift as days on the market increased to 31 and the average price decreased to $1,006,954 for single-family homes. We're even seeing that homes are going for 99.6% of their asking price instead of well over the 100% mark which became normal for quite a bit of time. With rising interest rates, sellers now need to be smart about their pricing strategy.

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