First Integrity Title Market Report

Broomfield, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Broomfield, CO

Sat Aug 17 2019
This week the median list price for Broomfield, CO is $603,228 with the market action index hovering around 41. This is less than last month's market action index of 47. Inventory has held steady at or around 198. 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

Slight Seller's Advantage

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

Sat Aug 17 2019
This week the median list price for Broomfield, CO is $603,228 with the market action index hovering around 41. This is less than last month's market action index of 47. Inventory has held steady at or around 198. 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

Slight Seller's Advantage

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 $603,228
Per Square Foot $177
Days on Market 61
Price Decreased 54%
Price Increased 6%
Relisted 8%
Inventory 198
Median House Rent $3,500
Most Expensive $3,500,000
Least Expensive $335,000
Market Action Index
Slight Seller's Advantage
41

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$900,000 5,442 0.25 - 0.5 acre 4 4 11 4 2 83
$672,000 4,020 8,000 - 10,000 sqft 4 3 11 6 3 67
$565,690 2,974 6,500 - 8,000 sqft 3 2 6 6 10 56
$422,250 2,174 4,500 - 6,500 sqft 3 2 39 12 7 38