Summer Market Update

The Boulder County real estate story for 2026 is shaping up to be A Tale of Two Markets - single family homes are holding steady while attached dwellings are struggling.

The median price of single family homes is up 2.3% over this time last year and the number of sales is virtually the same compared to last year. Meanwhile, the median price of attached dwellings has decreased 7.6% compared to this time last year and the number of sales has decreased 10.5%.

Statistics show that the market has become more competitive for all types of property and not every property will sell - just 24% of single family homes are currently under contract and only 17% of attached dwellings are under contract. At the top of the market in 2021/2022, 65% of single family homes were under contract and 76% of attached dwellings were under contract.

As a result, buyers have more choices and are taking their time to make decisions. In the current market, buyers are purchasing the most updated properties in the best locations, while homes that are outdated, have less than perfect locations or are priced too high are sitting. For single family homes, it's mostly an even playing field between buyers and sellers. For attached dwellings, it's definitely a buyer's market.

At this point you may be wondering, how should I proceed? For sellers, being priced properly based on condition and location is a must and will help you sell. For buyers, there are more choices and opportunities than we are used to seeing, whether that means getting the most updated property available at a reasonable price or getting a bargain on a condo/town home. For investors, this is a great time to pick up a property at a favorable price.

Whether you are considering buying or selling, please reach out and let me help you explore the opportunities.

I hope you have some fun plans and enjoy the rest of summer!

Rich

Spring Market Update

We are a few months into 2026 and the spring market has started to take off. The current market feels a lot like the last couple of years in that the market is inconsistent. Some segments of the market are hot with multiple offers and some segments are sluggish. Lower priced single family homes within Boulder are moving quickly as are single family homes in the surrounding towns within Boulder County. The condo and townhome market is a bit slow all over the county as well as the market for high-end single family homes.

Property values in Boulder County traditionally flatten out when the market slows and we are currently in that cycle. With the slight ups and downs over the last few years, prices for single homes are approximately where they were at the top of the market in 2022. For attached dwellings, prices have decreased a bit or have remained flat depending on where they are located within Boulder County. The good news is that prices haven't dropped dramatically even though interest rates have still been hovering around 6%. Also, the number of sales of single-family homes as well as condos throughout Boulder County have not decreased in the last three years, however the amount of inventory has substantially increased. Not every property that comes on the market will sell. As a result, I am recommending that Sellers price their listings competitively.

The good news is that Boulder County continues to be rated one of the most stable real estate markets in the country. In the context of other investments – stocks, bonds, crypto-currency, etc. – buying REAL property in Boulder County rises to the top as a powerful and consistent way to build wealth.



If you’re going to sell in 2026, the first half of the year is traditionally the best time to be on the market. Buyers have a higher sense of urgency before we get into summer and before school starts.

2026 marks my 32nd year in real estate. I couldn't have made it this far without you and it has truly been a privilege working with you! I hope I’ll have the opportunity to put my experience and passion for real estate to work for you – whether I'm helping you buy & sell or just providing some straightforward advice. Also, please know that I always have time for your friends, family and co-workers and greatly appreciate your referrals. I promise to provide outstanding service that will make us both look good.

Best, Rich

Quick Market Update and Happy Thanksgiving!

The real estate market has slowed as we enter the holiday season. This is completely normal for this time of year and as always, the slower market offers an excellent opportunity for investors and owner occupants alike. I have investor clients who have done incredibly well buying rental properties during the holidays and it's also a great time for owner occupants who happen to be looking to buy right now. As the holidays approach, some sellers become very motivated. Please call me to discuss the opportunities that the current market presents.

For sellers considering going on the market, it's best to wait at this point and list after the New Year since the market will pick up once the holidays are over. The National Association of Realtors (NAR) is forecasting a 14% increase in real estate sales in 2026 and predicting that mortgage rates will decrease to 6% which is a slight drop from where they stand today. With Buyers being more motivated in the first half of the year and lower interest rates, I'm predicting an active market in the first half of 2026.

Lastly, I'd like to take a moment to express my gratitude to you, my clients, for your business, referrals and friendship. I am sincerely thankful for you. Happy Thanksgiving to you and your family! 

All the Best, 

Rich