Your Local Market Report

Broomfield, CO

Single-Family Homes

How's the Market?



Broomfield, CO

Wed May 22 2024
This week the median list price for Broomfield, CO is $729,500 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has increased to 108. Click here to stay informed with the Broomfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Broomfield, CO

Wed May 22 2024
This week the median list price for Broomfield, CO is $729,500 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has increased to 108. Click here to stay informed with the Broomfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Broomfield market.
Median List Price $729,500
Median Price of New Listings $680,000
Per Square Foot $267
Average Days on Market 63
Median Days on Market 21
Price Decreased 39%
Price Increased 2%
Relisted 4%
Inventory 108
Median Rent
Market Action 51
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,400,000 5,390 0.25 - 0.5 acre 5 4.5 15 3 5 42
$845,000 3,695 6,500 - 8,000 sqft 4 3 18 7 6 21
$646,000 2,341 4,500 - 6,500 sqft 3 2.5 28 7 5 21
$544,000 1,970 4,500 - 6,500 sqft 3 2 49 5 7 14