$10,000 Closing Credit*
$1,250,000
4,584 SqFt
5 Beds
•1 Full Bath, 3 Partial
Shallana Baillargeon, Listing Office: Compass
Is Broadmoor Hills, 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 Hills was a Seller's Market.
Key Takeaway
Broadmoor Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Broadmoor Hills, CO
How much do homes in Broadmoor Hills, CO cost?
Median Sold Price
$702,500
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$257,500(+57.9%)
Key Takeaway
Homes in Broadmoor Hills have sold for 57.9% more than they did a year ago.
Summary: The median home sold price in Broadmoor Hills was $702,500 in October 2024, up 57.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $340K | $332K | -2.4% |
| 3 Bedrooms | - | $436K | N/A |
| 4 Bedrooms | $550K | $765K | +39.1% |
| 5+ Bedrooms | - | $989K | N/A |
Summary: Broadmoor Hills 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 decreased by 2.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Broadmoor Hills | $445K | $702.5K | +57.9% |
| Broadmoor | $897.9K | $809K | -9.9% |
Housing Supply in Broadmoor Hills, CO
How many homes are available in Broadmoor Hills, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Broadmoor Hills real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Broadmoor Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Hills, 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 Hills in October 2024, the same as the previous 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 Hills, CO
How long does it take to sell a home in Broadmoor Hills, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 104 Days | +92.6% |
Summary: Homes in Broadmoor Hills had an average of 104 days on market in Oct 2024, up by 92.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Broadmoor Hills are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Broadmoor Hills; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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