As we move further into 2025, Boulder’s luxury market continues to shift, with rising inventory creating new opportunities for buyers.
LUXURY $2M-$5M: HIGH INVENTORY, CONSISTENT SALES
- In February, 56 new listings came to market in the City of Boulder, with an additional 5 listings in Boulder County outside of the city.
- There are now 110 active luxury homes in Boulder, along with 35 more in the surrounding county.
- A total of 16 luxury homes sold last month, representing 21.9% of all closed sales in the city.
- The average days on market for this price range is 89, which is in line with the overall Boulder market.
ULTRA-LUXURY $5M+: GROWING INVENTORY AND STEADY DEMAND
- The ultra-luxury market saw 9 new listings in February, holding steady from January, with no additional listings outside Boulder.
- Inventory continues to grow at this price point, with 35 active ultra-luxury homes in Boulder and 7 more in Boulder county, bringing the total to 42 homes priced at $5M or more.
- There are currently 8 properties in Boulder that have either contracted or closed over $5M YTD. 19% of the $5M+ inventory has already contracted or closed this year, which is great to see.
- The highest-priced home currently on the market is listed at $29.7M, and there are 9 homes in Boulder County priced above $10M. However, there are additional off-market opportunities available for buyers in this range.
WHAT THIS MEANS FOR BOULDER'S LUXURY MARKET:
- Luxury homes between $2M-$5M continue to be a key driver of the market, making up 27.5% of new listings and 21.9% of closed sales.
- At the ultra-luxury level, activity has increased significantly. The market has absorbed 19% of the $5M+ inventory in Boulder YTD.
- With spring approaching, sellers—especially in the ultra-luxury market—should be strategic as inventory builds and buyers remain selective.
