Report Paints Grim Picture Of Boulder Affordability

Dated: 03/20/2017

Views: 185

The report extends past Boulder County and into Weld and Larimer counties, covering Boulder, Longmont, Lafayette, Louisville, Superior, Erie, Loveland, Berthoud, Firestone, Frederick, Mead and Dacono.


Not one of the 12 towns has an average home price under $250,000, the study’s threshold for entry-level affordability. Dacono is the closest, with a $265,363 average cost.


“Our conclusion from the information presented here is that there are no entry level housing options,” reads the report. “The lines we drew in the sand as reasonably priced in both categories will soon be obsolete.”


Nationally, the median purchase price for first-time buyers was $170,000 in 2016, according to the National Association of Realtors. (The figure does not distinguish between attached and detached dwellings.)

Low inventory has been a huge challenge for Boulder County and much of the Front Range, particularly at lower price points.

Only 99 single-family homes sold for less than $250,000 in Boulder County last year, and just 22 attached units went for under $150,000.

Currently, there is one house and two attached dwellings for sale under those prices, all in Boulder.

“The $150,000-or-below condo or townhome is becoming extinct,” concludes the report.



Denver Colorado Real Estate Professional -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

eNewsletter Sign Up

Blog author image

Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

Latest Blog Posts

This home decor sale is a STEAL

Nothing is more fun than shopping for new items to perk up your Denver home! We do know that sometimes it can be expensive! Here is a great sale on home decor items! CLICK HEREStill don't own your

Read More

Don't miss out on this HOT property!

Just like new! This gorgeous townhome has everything you could ask for! Located just west of Denver University this home has quality and style to the max! Beautiful quartz countertops and a modern

Read More

Check out this AMAZING condo!

Don't miss this opportunity to live in one of Denver's most popular UPTOWN! This beautifully updated condo is a one bedroom.. right in the middle of the restaurants and shops on 17th Avenue in.

Read More

Should I Update my home before Selling???

I think one of the biggest questions when thinking about listing your home is "Should I Rennovate?" There are so many variables invovled and it can be overwhelming to say the least! I found this

Read More