First Integrity Title Market Report

Broomfield, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Broomfield, CO

Mon Apr 22 2019
This week the median list price for Broomfield, CO is $631,382 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 172. Click here to stay informed with the Broomfield market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Mon Apr 22 2019
This week the median list price for Broomfield, CO is $631,382 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 172. Click here to stay informed with the Broomfield market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $631,382
Per Square Foot $175
Days on Market 55
Price Decreased 30%
Price Increased 12%
Relisted 5%
Inventory 172
Median House Rent $2,195
Most Expensive $3,500,000
Least Expensive $299,000
Market Action Index
Strong Seller's Market
51

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
$950,000 5,232 0.25 - 0.5 acre 4 3 11 4 4 75
$699,324 4,210 8,000 - 10,000 sqft 4 3 8 9 4 55
$575,000 3,398 6,500 - 8,000 sqft 3 3 3 6 8 71
$440,000 2,224 6,500 - 8,000 sqft 3 2 25 18 18 19