$2,173 Closing Credit*
$183,000
1,860 SqFt
4 Beds
•2 Full Baths
Tena Hines, Listing Office: Coldwell Banker Apex, REALTORS
Is Broadmoor, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, LA
How much do homes in Broadmoor, LA cost?
Median Sold Price
$184,925
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,225(-4.3%)
Key Takeaway
Homes in Broadmoor have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Broadmoor was $184,925 in November 2024, down 4.3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.7K | $67.2K | +3.9% |
| 2 Bedrooms | $143.5K | $160.9K | +12.2% |
| 3 Bedrooms | $194K | $190K | -2.1% |
| 4 Bedrooms | $238K | $215K | -9.7% |
| 5+ Bedrooms | $244.9K | - | N/A |
Summary: Broadmoor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Fairfield | $175K | $185K | +5.7% |
| South Highland | $270K | $275K | +1.9% |
| Shreve Island | $195.7K | $197.5K | +0.9% |
| Broadmoor | $193.1K | $184.9K | -4.3% |
Housing Supply in Broadmoor, LA
How many homes are available in Broadmoor, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 79 | +3.9% |
Summary: The Broadmoor real estate market had 79 homes for sale in November 2024, a 3.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 56 | 57 | +1.8% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Broadmoor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was 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. 90.9% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Broadmoor in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 91% were sold under asking, 9% were sold at asking, and 0% 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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