Is Broomfield County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Broomfield County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $338.7K | $354.7K | +4.7% |
2 Bedrooms | $527.5K | $555K | +5.2% |
3 Bedrooms | $580K | $587K | +1.2% |
4 Bedrooms | $670K | $674.9K | +0.7% |
5+ Bedrooms | $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 | $638.2K | $655.1K | +2.6% |
Adams County | $509.9K | $513.4K | +0.7% |
Boulder County | $775.2K | $779.8K | +0.6% |
Weld County | $470K | $471.5K | 0.3% |
Broomfield County | $629.5K | $630K | 0.1% |
Housing Supply in Broomfield County, CO
How many homes are available in Broomfield County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
248 | 310 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 38 | 44 | +15.8% |
3 Bedrooms | 63 | 86 | +36.5% |
4 Bedrooms | 85 | 104 | +22.4% |
5+ Bedrooms | 60 | 73 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 90 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 37 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
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.