First Integrity Title Market Report

Broomfield, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Broomfield, CO

Sun Aug 01 2021
This week the median list price for Broomfield, CO is $689,000 with the market action index hovering around 88. This is less than last month's market action index of 92. Inventory has decreased to 55. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Sun Aug 01 2021
This week the median list price for Broomfield, CO is $689,000 with the market action index hovering around 88. This is less than last month's market action index of 92. Inventory has decreased to 55. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $689,000
Median Price of New Listings $650,000
Per Square Foot $248
Average Days on Market 25
Median Days on Market 21
Price Decreased 25%
Price Increased 7%
Relisted 9%
Inventory 55
Median Rent $2,089
Market Action 88
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
$1,356,000 4,967 0.25 - 0.5 acre 4 4 4 4 6 49
$759,300 3,596 6,500 - 8,000 sqft 3 3 17 6 8 14
$577,450 2,261 6,500 - 8,000 sqft 3 3 28 6 10 17
$469,900 1,599 6,500 - 8,000 sqft 3 2 48 5 6 7