Monthly Broomfield Real Estate Market News

Breaking news on the Broomfield real estate market, buying a home in Broomfield, and real estate issues in the Denver-Metro area, every day, on The Skinny on Real Estate.

For the month of January, according to Metrolist data, the average home “sold” price in Broomfield was $353,466. 37 homes sold with an average of 135 days on the market.

In December (2007) the average “sold” price was $320,005. Recall that 47 homes sold in December with an average of 110 days on the market.

A year ago January (2007) the average “sold” price was higher at $391,505 (but note that 67 homes sold) with an average of 98 days on the market.

Does this mean values in Broomfield have dropped overall? Absolutely not! It can vary widely from neighborhood to neighborhood, within our fair city, and we have several brand new upscale neighborhoods here, which can lead to fluctuations depending on the number of new homes sold within that area in any given month.

135 days on the market is a lot of days if you’re the seller. BUT this means that if you want to sell your home, and have it priced correctly, AND it is in fantastic shape, you gain a serious advantage over your overly-priced less “shapely” competition.

Thinking about buying or selling a home? Call me! I can help you make your home competitively priced and ready to sell quickly.

Beth Skinner is a real estate professional who actually returns phone calls and emails! Click here to search the MLS for your dream home.

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