The average cost of a home in Longmont for March was $418,465, the highest-ever monthly average in the city’s history, according to a new report from Kyle Snyder at Land Title Guarantee.

March’s monthly average price is “not a great big deal,” Snyder said, “because there are still fewer than 100 homes sold in a month.” But the average price for the entire first quarter — $412,467 — also set a record for first-quarter sales price.

Longmont’s average home price first passed the $400,000 mark in September, but settled around just shy of that for the whole year of 2016. The city saw the biggest increases in prices (15.5 percent) of any municipality in Boulder County.

Snyder, along with the CEO of Longmont Association of Realtors, recently released a report that found the supply of entry-level homes (lower than $250,000 for a single-family) dropped 72 percent in Boulder County and the Carbon Valley since 2014.

Shay Castle: 303-473-1626, castles@dailycamera.com or twitter.com/shayshinecastle