Wednesday, October 24, 2012

A look at Boulder County Home Prices


Residential Homes Sales in Boulder, Colorado. These statistics include the city of Boulder and the communities that are part of Boulder County, including Longmont, Gunbarrel, Niwot, Louisville, Lafayette, Superior and parts of Erie. It reads like a history of the last 8 years. 2005 was a good year but nothing extraordinary. We had come to expect appreciation 7%+ appreciation. Fortunately in Boulder we had no huge spike before the fall. You can see that things started to slow in 2006 and by 2007, the economy was in retreat in a big way, culminating in 2008 and the greatest recession since the Great Depression. By 2010, Boulder was reversing the trend and slowing coming back.
Year     Median Price Appreciation
2005    +11%
2006    +5%
2007    +4%
2008    -2%
2009    -3%
2010    +2%
2011    +2%

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