Berthoud
Berthoud runs 5.8 months of single-family supply, up from 4.2 a year ago, the one corridor town that loosened. Its month median went $722,500 in June, $590,000 in July, $650,000 in August, on under 30 sales each: a construction-mix artifact, not a price.
Loveland
Loveland's single-family supply fell from 3.9 months to 3.0 in a year, and its median went nowhere: $528,750 year to date, against $530,000 a year earlier. Tightness and price are different variables, and Loveland shows it plainly. Why the move-up band above the median behaves differently again.
Longmont
Longmont runs 2.8 months of supply against Boulder's 4.2, and its homes go under contract about two weeks faster year to date, 57 days against 72. Yet the year-to-date median is down 2.4%, to $610,000. Both are true at once, and together they price a move-up trade.
Boulder
Boulder's single-family median is $1,299,900 year to date through August, level with last year, even though the month figure swung from $1,355,000 in July to $1,157,500 in August. Supply is 4.2 months. That median isn't your price: the move-up band straddles it.