Broomfield Real Estate Activity for February

Posted by admin - March 7th, 2008

Residential activity for Broomfield Real Estate for February 2008 according to Metrolist statistics:



$319,984 average “sold price” (single family homes)(44 sold)


$214,763 average “sold price” (condominium)



Average Days On Market (single family homes): 94


Average Days On Market (condominium): 247



Compare these numbers to January 2008:



$353,466 average “sold price” (single family homes)(37 sold)


$186,496 average “sold price” (condominium)



Average Days On Market (single family homes): 135


Average Days On Market (condominium): 166



Compare the February 2008 numbers to the February 2007 numbers:



Single family homes, Feb. 2007, average “sold” price: $343,020 (51 sold)


Single family homes, Feb. 2007, average Days On Market: 112



Condominium, Feb. 2007, average “sold” price: $175,700


Condominium, Feb. 2007, average Days On Market: 191



The National Association of Realtors had this to say this week on the state of the real estate market:


The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors®.

Related Articles:

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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