Jennifer Stuckey, Realtor, PhD, GRI, CNE, CLHMS, SRS

Broomfield, CO

Single-Family Homes

303.335.7413/jennifer@jenstuckeyhome.com/jenstuckeyhome.com



Broomfield, CO

Mon Jun 24 2024
This week the median list price for Broomfield, CO is $740,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 129. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Broomfield, CO

Mon Jun 24 2024
This week the median list price for Broomfield, CO is $740,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 129. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Broomfield market.
Median List Price $740,000
Median Price of New Listings $700,000
Per Square Foot $270
Average Days on Market 62
Median Days on Market 28
Price Decreased 47%
Price Increased 2%
Relisted 6%
Inventory 129
Median Rent
Market Action 49
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
$1,499,500 5,426 0.25 - 0.5 acre 5 4.5 18 5 4 35
$875,000 3,682 8,000 - 10,000 sqft 4 3 14 7 2 21
$650,000 2,409 6,500 - 8,000 sqft 4 2.5 26 8 2 31
$550,000 1,858 4,500 - 6,500 sqft 3 2.5 45 7 7 35