$3,086 Closing Credit*
$259,900
1,908 SqFt
3 Beds
•2 Full Baths
Carol Phillips, Chris Harmon, Listing Office: Berkshire Hathaway HomeServices Ally Real Estate
Is Broadmoor, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Broadmoor has remained a Seller's Market.
Key Takeaway
Broadmoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadmoor, LA
How much do homes in Broadmoor, LA cost?
Median Sold Price
$186,412
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,887(-3.6%)
Key Takeaway
Homes in Broadmoor have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Broadmoor was $186,412 in October 2024, down 3.6% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.7K | $67.2K | +3.9% |
| 2 Bedrooms | $153K | $160K | +4.6% |
| 3 Bedrooms | $195K | $191K | -2.1% |
| 4 Bedrooms | $235K | $225K | -4.3% |
| 5+ Bedrooms | $244.9K | - | N/A |
Summary: Broadmoor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| South Highland | $269K | $277.5K | +3.2% |
| Shreve Island | $192.5K | $197.5K | +2.6% |
| Fairfield | $182K | $184K | +1.1% |
| Broadmoor | $193.3K | $186.4K | -3.6% |
Housing Supply in Broadmoor, LA
How many homes are available in Broadmoor, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 85 | +10.4% |
Summary: The Broadmoor real estate market had 85 homes for sale in October 2024, a 10.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 57 | 64 | +12.3% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Broadmoor 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 25%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 16 | +60.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Broadmoor, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Broadmoor in October 2024, up by 60.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 31% were sold at asking, and 6% were sold over asking.
Days on Market for Broadmoor, LA
We’re sorry, we don't have information for this market at the moment
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