- In the first section, you’ll see that median prices on a mid-sized home in Boulder went from $560,000 in 2010 to $650,000 in 2014.
- In the second, you might note that that prices of small homes were going up between 8% and 15% in 2013, 2014, and 2015, the increases in 1999, 2000, and 2001 were higher yet.
- The third section summarizes data on the cumulative price changes during key periods in our local real estate history. For example, you can see that condos and townhomes in Erie, Broomfield and Westminster dropped in price by 15-25% during the 2008-2011 recession, while they’ve rebounded 50-70% by 2015, for a net increase of 25-30%.
And don’t skip over the fourth section. That contains data we’ve compiled based on the FHFA House Price Index where you’ll see annual and cummulative price changes from 1980 to date, for Boulder County, the Denver Metro area, Colorado and the US. In that section, we also link to interactive data that the New York Times has compile from the S&P/Case-Shiller index, allowing you to compare price changes for the Denver Metro area and 19 other major US cities.
Median Sale Prices
Median Sales Prices (Line Charts)
Median Sales Prices (Bar Charts)
Change in Price: Year to Year
Percent Change in Price Year to Year
Change in Price: Recession, Post-Recession & Cummulative
Percent Change in Price Over Time
Change in Price: History Since 1980s
FHFA House Price Index
We’ve compiled three charts based on data provided by the Federal Housing Finance Agency’s House Price Index. The first chart just provides a house price trend line from 1980 to the present, providing a common 1980 starting value of 100 for each region and tracking the subsequent pricing to show the net increase in prices over time.
The second chart is base on the same data, but shows how much housing prices increased or decreased quarter by quarter on a percentage basis. This chart highlights periods when prices were rising quickly, staying relatively flat, or dropping.
The third chart shifts focus to how often we see periods of rapidly rising prices, price drops, or more moderate price increases. Since prices increases on homes tend to average between 4% and 6%, we focus on this chart on the percent of quarters since 1984 where we’ve seen increases within this “average” range…versus higher or lower rates of appreciation. You’ll see that what’s “normal” is not what’s average, and that price changes are usually substantially higher or lower than average…at least in our local markets.
S&P CoreLogic Case-Shiller Index
While it doesn’t provide data on Boulder County, the S&P CoreLogic Case-Shiller Index allows you to compare pricing history for the Denver metro area to data for 20 other major cities in the US.
When you link to the site, you’re initially presented with their 20 city composite history of prices since June of 2006.
If you select “City” on the menu a the top of the chart, you can select any of the 20 cities they cover, including Denver. Move your cursor across the chart and you can see that prices started to drop in Denver after August of 2007 and that they began their post recession climb in the spring of 2012.
If you want to compare Denver to any of their composite indexes, or to indexes for other cities, you can click the “Compare an Index” link below the chart and superimpose comparative data over the Denver chart for easy comparisons.
If you’d like to focus on data from only one of the communities we cover (e.g., Boulder or Longmont), or if you want to compare pricing changes for different sizes or types of homes within a single community, you should check out our section entitled Stats for Each Community.
If you’re interested in stats for neighborhoods in Boulder & Longmont, or in stats for some of the small towns or rural moutains and plains of Boulder County, see our section titled Towns, Rural Areas, & Neighborhoods.