Your Local Market Report

Broomfield, CO

Condos/Townhomes

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



Broomfield, CO

Tue Mar 02 2021
This week the median list price for Broomfield, CO is $369,900 with the market action index hovering around 73. This is an increase over last month's market action index of 65. Inventory has held steady at or around 7. 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

Tue Mar 02 2021
This week the median list price for Broomfield, CO is $369,900 with the market action index hovering around 73. This is an increase over last month's market action index of 65. Inventory has held steady at or around 7. 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 $369,900
Per Square Foot $305
Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent $1,711
Most Expensive $400,000
Least Expensive $289,000
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
$400,000 1,739 - 3 4 20 1 1 0
$397,450 1,361 0 - 4,500 sqft 3 3 3 1 0 3
$357,900 1,108 0 - 4,500 sqft 2 2 13 2 2 0
$289,000 754 - 1 1 8 1 1 73