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 2017 YTD 2018 % Change
Total Units Sold 963 890
Average Sales Price $507,196 $539,738 +6.4%
Median Sales Price $459,366 $490,553 +6.79%
Average Days to Contract 36 36 0%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov 18’
UNDER $500K     85% 78% 78% 70% 67% 60% 51% 60% 55% 55% 61%
$500k+     41% 48% 50% 48% 49% 39% 36% 36% 33% 31% 33%
OVERALL % U/C     49% 58% 59% 55% 55% 47% 42% 47% 45% 42% 45%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

  188   142 180 196 159 259 238 228 242 255 253 228

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

  71   45 33 68 33 99 110 87 69 69 82 71

 

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

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

      3.57 3.04 3.37 5.4 4.6 3.68 3.18 3.11 3.69 2.94 2.8