Boulder, Colorado Real Estate Market Report

The Boulder, Colorado real estate market suffered a setback during the recession. The market is beginning to even out and will hopefully begin recovering soon. Be it single homes or condos, Boulder real estate property prices are evening out. The median market action index in October 2009 was 13.

The statistics of the Boulder, Colorado real estate market can give a clear view.

As the graph above shows, the average price of a home for sale in Boulder, Colorado was about $1,160,000 in October 2009. This shows a decrease in the price by about 1% from that recorded in September 2009 and a decrease of about 10% from October 2008.

As the graph above shows, the average number of days a house in Boulder has been on the market has been increasing over the past year. In October 2009, a house was on the market for 155 days on average. This shows an increase of 7% when compared to the average days on market in September 2009 and an increase of 72% from October 2008.

As the graph above shows, the number of houses sold in Miami, Florida in October 2009 was 2.75 houses. When compared to the number of houses sold in September 2009, there has been very little change in the number of houses sold. This shows an increase of 38% in the number of houses sold compared to October 2008.