$6,828 Closing Credit*
$575,000
3,589 SqFt
3 Beds
•2 Full Baths, 1 Partial
Justin Hermes, Listing Office: The Property Group, Inc.
Is Broadmoor, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Broadmoor was a Seller's Market.
Key Takeaway
Broadmoor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Broadmoor, CO
How much do homes in Broadmoor, CO cost?
Median Sold Price
$809,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$88,931(-9.9%)
Key Takeaway
Homes in Broadmoor have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Broadmoor was $809,000 in October 2024, down 9.9% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.8M | N/A |
| 2 Bedrooms | - | $370K | N/A |
| 3 Bedrooms | $520K | $777K | +49.4% |
| 4 Bedrooms | $897.9K | $848.7K | -5.5% |
| 5+ Bedrooms | $1.6M | $1.1M | -29.1% |
Summary: Broadmoor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 49.4%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 29.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Broadmoor Hills | $445K | $702.5K | +57.9% |
| Broadmoor | $897.9K | $809K | -9.9% |
Housing Supply in Broadmoor, CO
How many homes are available in Broadmoor, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 54 | +20.0% |
Summary: The Broadmoor real estate market had 54 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 16 | 22 | +37.5% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Broadmoor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broadmoor, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Broadmoor in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Broadmoor, CO
How long does it take to sell a home in Broadmoor, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 191 Days | 52 Days | -72.8% |
Summary: Homes in Broadmoor had an average of 52 days on market in Oct 2024, down by 72.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Broadmoor has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Broadmoor; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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