Broomfield Monthly Market Update – Single Family Homes

Broomfield City and County Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

BROOMFIELD SINGLE-FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 914 51 Insufficient YTD Data
Average Sales Price $530,486 $515,835 -4%
Median Sales Price $485,450 $479,000 -2.2%
Average Days to Contract 36 59 +64%

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov 18’ Dec 18’ Jan 19’
UNDER $500K 85% 78% 78% 70% 67% 60% 51% 60% 55% 55% 61% 58% 70%
$500k+ 41% 48% 50% 48% 49% 39% 36% 36% 33% 31% 33% 30% 44%
OVERALL % U/C 49% 58% 59% 55% 55% 47% 42% 47% 45% 42% 45% 42% 55%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  142 180 196 159 259 238 228 242 255 253 228 190 225

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  45 33 68 33 99 110 87 69 69 82 71 73 50

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  3.57 3.04 3.37 5.4 4.6 3.68 3.18 3.11 3.69 2.94 2.8 2.53 3.2