Broomfield Monthly Market Update – Single Family Homes

City of Broomfield Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

BROOMFIELD SINGLE-FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 963 544
Average Sales Price $507,196 $546,575 +7.8%
Median Sales Price $459,366 $500,000 +8.8%
Average Days to Contract 36 31 –13.9%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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’
UNDER $500K             85% 78% 78% 70% 67% 60% 51%
$500k+             41% 48% 50% 48% 49% 39% 36%
OVERALL % U/C             49% 58% 59% 55% 55% 47% 42%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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 277 245 235 207 188   142 180 196 159 259 238 228

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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 66 104 74 73 71   45 33 68 33 99 110 87

 

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

SINGLE FAMILY HOMES Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun18’ Jul 18’
BROOMFIELD             3.57 3.04 3.37 5.4 4.6 3.68 3.18