Boulder Real Estate Market Insights | February 2026
February continued to highlight a divide in the City of Boulder market, with steady demand in homes under $2M and a more measured pace at the luxury level. Single-family homes under $2M saw closed sales jump +65% year over year while months of supply tightened to just 2 months, reinforcing continued competition for well-priced homes. The attached segment experienced a different dynamic, with new listings rising +25% and sales easing -14%. However, homes under contract climbed +45%, suggesting buyer momentum for condos and townhomes may be building as we move toward spring.
Within Boulder’s luxury segment above $2M, activity has slowed. Sales declined -33% year over year and homes under contract dropped -24%, while months of supply rose to 7.8 months. This indicates a market where buyers are taking more time to evaluate options as inventory levels gradually expand.
At the very top of the market, the ultra-luxury segment above $5M is seeing a notable increase in available inventory. Fifteen new listings came to market (+66.7% year over year), bringing the total number of homes for sale to 43 (+26.5%). Despite the growing selection, activity remains limited, with just one home under contract and no closed sales during the period.
Across Boulder County, similar trends are emerging. Detached homes under $2M remain the most active segment, with sales up +21% and months of supply tightening to 1.8 months. Meanwhile, the $2M+ market has slowed countywide, with pending activity down -36% and months of supply rising to 7.6 months.
These conditions are reflected in overall market totals as well. Total dollar volume in the City of Boulder declined -14.3% year over year to $101,175,731, largely driven by fewer luxury transactions closing during the month.
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