Broomfield Monthly Market Update – Condominium/Townhome

Broomfield City and County Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

BROOMFIELD ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 227 181 –
Average Sales Price $349,388 $344,612 -1.4%
Median Sales Price $360,000 $338,000 -6.1%
Average Days to Contract 23 19 -17%

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
OVERALL % U/C       73% 85% 84 60% 71% 64% 63% 63% 66% 63%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
  31 26   30 27 32 40 35 42 38 38 41 41

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
  18 19   14 17 13 18 20 17 21 16 12 19

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
        2.88 1.5 1.97 1.72 2.13 2.54 2.15 2.17 3.41 2.34