Kirk Wittig

Broomfield, CO

Single-Family Homes

Real Estate Consultant | Boulder County Realty | 720-339-1500



Broomfield, CO

Thu Sep 16 2021
This week the median list price for Broomfield, CO is $720,000 with the market action index hovering around 84. This is an increase over last month's market action index of 81. Inventory has decreased to 44. 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

Thu Sep 16 2021
This week the median list price for Broomfield, CO is $720,000 with the market action index hovering around 84. This is an increase over last month's market action index of 81. Inventory has decreased to 44. 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 $720,000
Median Price of New Listings $674,500
Per Square Foot $245
Average Days on Market 46
Median Days on Market 21
Price Decreased 27%
Price Increased 7%
Relisted 14%
Inventory 44
Median Rent
Market Action 84
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,571,800 5,488 0.25 - 0.5 acre 4 4 2 1 0 63
$859,900 4,088 8,000 - 10,000 sqft 5 3 6 5 6 14
$640,000 2,909 6,500 - 8,000 sqft 4 3 22 5 6 14
$499,000 1,800 6,500 - 8,000 sqft 3 2 37 5 6 7