First Integrity Title Market Report

Broomfield, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Broomfield, CO

Fri Sep 30 2022
This week the median list price for Broomfield, CO is $699,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has decreased to 131. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Broomfield, CO

Fri Sep 30 2022
This week the median list price for Broomfield, CO is $699,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has decreased to 131. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Broomfield market.
Median List Price $699,000
Median Price of New Listings $692,500
Per Square Foot $255
Average Days on Market 52
Median Days on Market 35
Price Decreased 58%
Price Increased 0%
Relisted 18%
Inventory 131
Median Rent
Market Action 48
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,212,500 4,753 0.25 - 0.5 acre 5 4 15 4 5 35
$779,000 3,315 6,500 - 8,000 sqft 4 3 7 3 6 77
$624,900 2,084 6,500 - 8,000 sqft 3 3 24 4 6 28
$517,000 1,896 6,500 - 8,000 sqft 4 2 46 6 8 42