Broomfield Monthly Market Update – Condominium/Townhome

City of Broomfield Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

BROOMFIELD ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 227 88
Average Sales Price $349,388 $344,274 -1.45
Median Sales Price $360,000 $335,000 -6.9%
Average Days to Contract 23 16 -30.4%

 

(Attached Dwelling – % Under Contract)

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

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
BROOMFIELD 49 46 50 58 47 31 26   30 27 32 40 35

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
BROOMFIELD 22 26 10 23 22 18 19   14 17 13 18 20

 

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

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
BROOMFIELD                 2.88 1.5 1.97 1.72 2.1