Boulder Real Estate Market Update: August 2026
Prepared by The Zach Zeldner Team at Compass. Data source: IRES MLS via BrokerMetrics. Reporting period: August 2026 compared with August 2025.
Summary
In August 2026, the City of Boulder recorded $123.5 million in residential dollar volume, down 11% year over year, as closings slowed across the lower end of the market. Single-family homes under $2 million and the attached market both cooled, while the $2 million to $5 million segment gained significant momentum, with homes under contract nearly doubling year over year.
Is Boulder's luxury real estate market heating up in 2026?
Yes, at least in the $2 million to $5 million range. Homes under contract in the City of Boulder nearly doubled in August 2026, rising to 24 from 13 a year earlier, and days on market fell sharply to 35 from 84. Closed dollar volume in this range rose 21% year over year to $48.6 million, even as closings increased only modestly, pointing to a pipeline of pending sales building beneath the surface. Countywide, the pattern was the same, with homes under contract in the $2 million to $5 million range up 28% year over year. Above $5 million, the ultra-luxury segment was comparatively quiet in August following a strong July, with one home closing at $9.5 million and no new contracts during the month. Given the small number of transactions at this level, month-to-month activity can vary considerably.
How much does a home cost in Boulder, Colorado right now?
The median sale price for a home in the City of Boulder was $885,000 in August 2026, down 9% from a year earlier. For single-family homes under $2 million, the median reached $1,000,999, down 12% year over year, even as days on market improved to 48 from 66. Total residential dollar volume across the City of Boulder was $123.5 million in August 2026, down 11% year over year, reflecting fewer closings at the lower end of the market.
Is now a good time to buy a condo or townhome in Boulder?
For buyers, conditions continued to ease in August 2026. Months supply for attached homes under $2 million rose to 7.2, up 38% from August 2025, as 35 homes closed, down 22% year over year, and homes under contract fell 21% to 41. Days on market increased to 78, up from 63 a year earlier, and the median price fell to $370,000, down 11% year over year, giving buyers more room to negotiate than in most other segments of the Boulder market.
How is the Boulder County market performing overall?
Across all of Boulder County, sales and dollar volume declined in August 2026 even as inventory held steady. A total of 314 homes sold, down 20% from August 2025, producing $289.1 million in dollar volume, down 21% year over year, and the median sale price fell to $700,000, down 7% year over year. Entry-level single-family homes under $2 million saw 217 closings, down 18% year over year, with months supply holding at 3.0.
Which towns near Boulder have the tightest housing inventory?
Lafayette had the tightest market among the towns surrounding Boulder in August 2026, with months supply falling to 2.3, down 26% year over year, even as its median price was the only one to rise among the three, up 5% to $830,000. Louisville saw the sharpest slowdown in sales, down 36% year over year to 21 homes closed, while months supply eased to 2.8. Longmont, coming off a strong July, saw closed sales fall 11% year over year to 124, with the median price down 4% to $585,000.
Frequently asked questions
- What is the median home price in Boulder, Colorado in 2026? In August 2026, the median sale price for a home in the City of Boulder was $885,000, down 9% from August 2025.
- Is Boulder a buyer's or seller's market right now? It depends on the segment. Single-family homes under $2 million remain tight, with 3.3 months of supply, favoring sellers. Attached homes and the surrounding towns of Louisville and Longmont are giving buyers more room to negotiate, while the $2 million to $5 million luxury segment is moving quickly on rising demand.
- What does "months supply" mean in real estate? Months supply estimates how long it would take to sell every home currently on the market at the current pace of sales, assuming no new homes are added. A lower number favors sellers and a higher number favors buyers.
- Is Boulder's luxury real estate market a good investment in 2026? The $2 million to $5 million segment has shown strong buyer engagement in 2026, with homes under contract nearly doubling year over year in August. The Zach Zeldner Team at Compass can help you understand how these trends apply to a specific property or neighborhood.
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About The Zach Zeldner Team
The Zach Zeldner Team produces this Boulder Real Estate Insights market report each month using IRES MLS data. The team works with buyers and sellers across the City of Boulder, Boulder County, Louisville, Lafayette, and Longmont. To talk through how the current market applies to your specific price range and neighborhood, contact The Zach Zeldner Team.
