First American Market Report

Broomfield, CO

Single-Family Homes

First American Title | 303.305.1350 | www.firstam.com/title/co



Broomfield, CO

Fri Feb 21 2020
This week the median list price for Broomfield, CO is $612,570 with the market action index hovering around 53. This is an increase over last month's market action index of 47. Inventory has held steady at or around 66. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Broomfield, CO

Fri Feb 21 2020
This week the median list price for Broomfield, CO is $612,570 with the market action index hovering around 53. This is an increase over last month's market action index of 47. Inventory has held steady at or around 66. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Broomfield market.
Median List Price $612,570
Per Square Foot $239
Days on Market 81
Price Decreased 36%
Price Increased 14%
Relisted 6%
Inventory 66
Median Rent $2,240
Most Expensive $1,995,000
Least Expensive $387,000
Market Action 53
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$897,450 4,214 0.25 - 0.5 acre 5 3 5 1 2 113
$710,000 3,417 6,500 - 8,000 sqft 4 3 6 5 5 42
$580,000 2,104 4,500 - 6,500 sqft 3 2 1 3 3 56
$495,000 1,790 4,500 - 6,500 sqft 2 2 1 3 6 112