Boulder, CO housing market

The story in Boulder this June is a gentle cooling. The typical home is worth about nine hundred ninety-nine thousand dollars, down roughly 1.6 percent over the past year. That decline is small, but it changes the mood. Buyers no longer feel rushed. Right now there are about 665 homes for sale, and only around 186 new listings came on this past month, so the market is fed by homes that are already sitting. And they are sitting. The median time on market is about fifty-three days, which is a real stretch of waiting for a seller. About one in five listings, roughly 20 percent, has already cut its price. The median list price is around nine hundred thirty-four thousand dollars, sitting below that typical value, another sign sellers are adjusting. Put it together and the message is clear. If you price ahead of the market here, you will wait, then cut anyway. Price it right the first time, and be ready for buyers who feel no urgency.