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 227 129
Average Sales Price $349,388 $342,879 -1.9%
Median Sales Price $360,000 $335,000 -6.9%
Average Days to Contract 23 17 -26%

 

(Attached Dwelling – % Under Contract)

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

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’
BROOMFIELD 50 58 47 31 26 30 27 32 40 35 42 38

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’
BROOMFIELD 10 23 22 18 19 14 17 13 18 20 17 21

 

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

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