City of Boulder
In the City of Boulder, 718 homes were actively for sale in May, a new all-time high. 347 new listings came to market—down slightly from April’s peak but still elevated—and closed sales rose to 178. Homes under contract climbed to 174, the highest May level in over three years. This spring’s momentum has been building since February, and despite broader economic noise, demand remains strong.
Total residential dollar volume reached $228.86M, the highest monthly total since June 2022. That represents a +7.5% increase over April and a +19.6% jump year-over-year.
- Homes under $2M accounted for $137.3M across 151 sales (60% of total volume)
- The $2M–$5M range made up $71M across 25 sales (31%)
- The $5M+ tier contributed $20.6M from two sales (9%), including a record-breaking $14.5M closing at 1505 Sunset Blvd
Luxury: $2M–$5M
In the $2M–$5M segment, 65 new homes came to market, a strong year-over-year increase, and total inventory rose to 169—another record for this price range. 25 homes sold, matching last May and marking the strongest month since June 2023. With 22 homes under contract and average days on market at 68, this tier remains highly active and increasingly competitive.
Ultra Luxury: $5M+
The ultra-luxury market remains selective but continues to move. Ten new listings came to market, all within city limits, and two homes closed, including a landmark $14.5M sale at 1505 Sunset Blvd—the highest MLS-recorded sale in Boulder history. Inventory stood at 47 homes, with 2 homes under contract at the end of the month. While volume is lower, this segment remains impactful and headline-making.
Louisville
Louisville’s inventory climbed to new 10-year highs in both new listings and total homes for sale, even surpassing last month’s record. Much of this is driven by new construction homes in the Marshall Fire re-build areas coming to market this Spring. There are 85 active listings, a +31% increase year-over-year, and the 56 new listings that came to market. Buyers remained engaged, with 32 homes under contract and 27 closings in May.
Lafayette
Lafayette also saw record-setting inventory growth in May, with 144 active listings, up from 88 in May 2024, and 76 new listings, a new high that surpassed both last month and last year. Buyer activity remained steady, with 55 homes going under contract—on par with May 2023 and slightly above last year—and 32 closings for the month.
