Is Broomfield, CO a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Broomfield is a seller's market


Difference Since March 2023

Since last year, Broomfield has remained a Seller's Market.

Key Takeaway

Broomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Broomfield, CO

How much do homes in Broomfield, CO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Broomfield have sold for 1% more than they did a year ago.

Summary: The median home sold price in Broomfield was $615,477 in March 2024, up 1% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $315K$330K
2 $527.6K$520K
3 $574.9K$579.9K
4 $660K$645K
5+ $837K$899.9K

Summary: Broomfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 7.5%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Broomfield, CO

How many homes are available in Broomfield, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Broomfield real estate market had 491 homes for sale in March 2024, a 34.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 25
2 6485
3 123155
4 113158
5+ 6288

Summary: The Broomfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 32.8%, 3 bedroom homes increased by 26%, 4 bedroom homes increased by 39.8%, and 5+ bedroom homes increased by 41.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

43 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Broomfield, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.

Summary: A total of 128 homes were sold or pending in Broomfield in March 2024, up by 33.3% month-over-month. Of the 128 sold homes, 37% were sold under asking, 30% were sold at asking, and 34% were sold over asking.

Days on Market for Broomfield, CO

How long does it take to sell a home in Broomfield, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days54 Days+28.2%

Summary: Homes in Broomfield had an average of 54 days on market in Mar 2024, up by 28.2% compared to last year.

Breakdown of Home Sale Times

72 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

26 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Broomfield are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 128 homes were sold in Broomfield; 56% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Broomfield, CO

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