…for luxury home price appreciation at 34.7% year over year for the 3rd quarter from 2016 to 2017.
The luxury home category, defined as the top 5% of home sales, saw a nationwide average increase of 4.9% to $1.71 Million, according to this article. Another Colorado city seeing strong increases in luxury home sales is Littleton, the ninth highest at a 15.1% increase to $1.11 Million during the same period.
For the Longmont home sales overall, the average single-family home price increased 12.1% from $409,253 to $458,775 as of October 2017. During the same period, average attached home sales increased 7.1% to $337,207.