First American Market Report

Broomfield, CO

Condos/Townhomes

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Broomfield, CO

Sat Jul 11 2020
This week the median list price for Broomfield, CO is $431,432 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has held steady at or around 19. 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 and prices have recently resumed upward pressure.

Broomfield, CO

Sat Jul 11 2020
This week the median list price for Broomfield, CO is $431,432 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has held steady at or around 19. 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 and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Broomfield market.
Median List Price $431,432
Per Square Foot $266
Days on Market 17
Price Decreased 21%
Price Increased 0%
Relisted 16%
Inventory 19
Median Rent $1,600
Most Expensive $498,500
Least Expensive $339,000
Market Action 60
Strong Seller's Market

Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. 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
$470,347 1,765 0 - 4,500 sqft 2 2 0 2 0 14
$450,000 2,341 0 - 4,500 sqft 3 2 7 3 1 12
$384,500 1,411 0 - 4,500 sqft 3 2 2 2 1 12
$347,000 1,278 0 - 4,500 sqft 2 2 13 2 0 26