$4,572 Closing Credit*
$385,000
1,852 SqFt
3 Beds
Larry Passalacqua, Listing Office: HOMESTAR PROPERTIES
Is Broadmoor Hills, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Broadmoor Hills was a Buyer's Market.
Key Takeaway
Broadmoor Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadmoor Hills, CO
How much do homes in Broadmoor Hills, CO cost?
Median Sold Price
$825,000
$190/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$60,000(+7.8%)
Key Takeaway
Homes in Broadmoor Hills have sold for 7.8% more than they did a month ago.
Summary: The median home sold price in Broadmoor Hills was $825,000 in November 2024, up 7.8% from last month, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $360K | N/A |
| 4 Bedrooms | $765K | $987.5K | +29.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Broadmoor Hills housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Broadmoor Hills | $765K | $825K | +7.8% |
| Southwest Colorado Springs | $765K | $815K | +6.5% |
| Broadmoor Bluffs | $920K | $815K | -11.4% |
| Cheyenne Hills | $417.5K | $338.2K | -19.0% |
Housing Supply in Broadmoor Hills, CO
How many homes are available in Broadmoor Hills, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Broadmoor Hills real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Broadmoor Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broadmoor Hills, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Broadmoor Hills in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 Days | 95 Days | -8.0% |
Summary: Homes in Broadmoor Hills had an average of 95 days on market in Nov 2024, down by 8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were 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 November 2024, 3 homes were sold in Broadmoor Hills; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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