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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Broomfield County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Broomfield County, CO

How much do homes in Broomfield County, CO cost?

Median Sold Price

$630,000

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in Broomfield County has remained the same since last year.

Summary: The median home sold price in Broomfield County was $630,000 in April 2024, up 0.1% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $338.7K$354.7K
+4.7%
2 $527.5K$555K
+5.2%
3 $580K$587K
+1.2%
4 $670K$674.9K
+0.7%
5+ $950K$972.5K
+2.4%

Summary: Broomfield County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Counties

Jefferson County
+2.6%
Adams County
+0.7%
Boulder County
+0.6%
Weld County
0.3%
Broomfield County
0.1%

Housing Supply in Broomfield County, CO

How many homes are available in Broomfield County, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
248310+25.0%

Summary: The Broomfield County real estate market had 310 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 3844
+15.8%
3 6386
+36.5%
4 85104
+22.4%
5+ 6073
+21.7%

Summary: The Broomfield County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 36.5%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 21.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4090+125.0%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Broomfield County, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 90 homes were sold or pending in Broomfield County in April 2024, up by 125.0% month-over-month. Of the 90 sold homes, 39% were sold under asking, 27% were sold at asking, and 34% were sold over asking.

Days on Market for Broomfield County, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days37 Days+88.2%

Summary: Homes in Broomfield County had an average of 37 days on market in Apr 2024, up by 88.2% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 90 homes were sold in Broomfield County; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% 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 1 Day Ago

Newest Listings in Broomfield County, CO

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