'Global Affordability' & Out-Of-Town Buyers Thrust Home Prices Up

BOULDER, Colo. (CBS4) - The average price for a home in Boulder has skyrocketed to more than $1 million.

The Boulder Daily Camera reports a wave of out-of-town buyers have pushed the average up after homes have been selling at $2 million.

Real estate agents credit Boulder's global affordability to the increase.

The increase is making condos and townhomes more expensive as well -- one condo in downtown Boulder sold for $5.5 million.

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