First Integrity Title Market Report

Broomfield, CO

Single-Family Homes

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Broomfield, CO

Sat Mar 02 2024
This week the median list price for Broomfield, CO is $790,000 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has decreased to 69. 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

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

Sat Mar 02 2024
This week the median list price for Broomfield, CO is $790,000 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has decreased to 69. 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

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 $790,000
Median Price of New Listings $622,500
Per Square Foot $279
Average Days on Market 113
Median Days on Market 84
Price Decreased 41%
Price Increased 4%
Relisted 16%
Inventory 69
Median Rent
Market Action 47
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
$1,500,000 5,599 0.25 - 0.5 acre 5 4.5 13 2 1 133
$935,000 3,988 6,500 - 8,000 sqft 4 3.5 18 1 0 133
$638,000 2,341 0 - 4,500 sqft 3 3 11 6 5 49
$507,000 1,547 4,500 - 6,500 sqft 3 2 39 5 2 38