Is Broomfield County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Broomfield County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Broomfield County has remained a Seller's Market.

Key Takeaway

Broomfield County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Broomfield County, CO

How much do homes in Broomfield County, CO cost?

Median Sold Price

$616,168

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,831(-3.0%)

Key Takeaway

Homes in Broomfield County have sold for 3% less than they did a year ago.

Summary: The median home sold price in Broomfield County was $616,168 in November 2024, down 3% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $347.2K$347.5K
0.1%
2 $525.7K$525K
-0.1%
3 $589K$573.9K
-2.5%
4 $677.5K$639.9K
-5.5%
5+ $910K$952K
+4.6%

Summary: Broomfield County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Counties

Weld County
+5.0%
Adams County
+2.2%
Jefferson County
-0.4%
Broomfield County
-3.0%
Boulder County
-3.1%

Housing Supply in Broomfield County, CO

How many homes are available in Broomfield County, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
353313-11.3%

Summary: The Broomfield County real estate market had 313 homes for sale in November 2024, a 11.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 35
+66.7%
2 6051
-15.0%
3 8684
-2.3%
4 120101
-15.8%
5+ 8472
-14.3%

Summary: The Broomfield County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9681-15.6%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Broomfield County, you may be able to get a good deal. 54.3% of homes here sold below asking price last month.

Summary: A total of 81 homes were sold or pending in Broomfield County in November 2024, down by 15.6% month-over-month. Of the 81 sold homes, 54% were sold under asking, 28% were sold at asking, and 17% were sold over asking.

Days on Market for Broomfield County, CO

How long does it take to sell a home in Broomfield County, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days43 Days+53.1%

Summary: Homes in Broomfield County had an average of 43 days on market in Nov 2024, up by 53.1% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Broomfield County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 81 homes were sold in Broomfield County; 54% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Broomfield County, CO

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