First Integrity Title Market Report

Broomfield, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Broomfield, CO

Mon Nov 18 2019
This week the median list price for Broomfield, CO is $564,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 137. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Broomfield, CO

Mon Nov 18 2019
This week the median list price for Broomfield, CO is $564,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 137. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Broomfield market.
Median List Price $564,000
Per Square Foot $178
Days on Market 74
Price Decreased 48%
Price Increased 9%
Relisted 6%
Inventory 137
Median Rent $1,825
Most Expensive $2,695,000
Least Expensive $72,500
Market Action 48
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
$912,450 5,134 0.25 - 0.5 acre 5 4 12 4 1 102
$649,950 3,929 6,500 - 8,000 sqft 4 3 10 2 8 88
$522,445 2,999 4,500 - 6,500 sqft 3 2 7 6 6 62
$399,000 1,927 6,500 - 8,000 sqft 3 2 43 6 7 42