Your Local Market Report

Broomfield, CO

Single-Family Homes

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Broomfield, CO

Fri Feb 26 2021
This week the median list price for Broomfield, CO is $732,500 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has held steady at or around 28. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Broomfield, CO

Fri Feb 26 2021
This week the median list price for Broomfield, CO is $732,500 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has held steady at or around 28. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Broomfield market.
Median List Price $732,500
Per Square Foot $192
Days on Market 4
Price Decreased 14%
Price Increased 4%
Relisted 14%
Inventory 28
Median Rent $2,100
Most Expensive $1,850,000
Least Expensive $387,000
Market Action 73
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
$990,000 5,346 0.25 - 0.5 acre 5 4 6 2 3 28
$785,000 4,385 8,000 - 10,000 sqft 4 4 16 5 3 0
$600,000 3,236 6,500 - 8,000 sqft 3 3 11 3 3 7
$415,000 1,670 8,000 - 10,000 sqft 3 3 44 5 4 0