Broomfield Real Estate Statistics March 2006, 2007, 2008

Metrolist recently released their monthly real estate statistics and since it’s typically considered best to compare data from the same time each year, rather than month to month in any given year, I used data from Broomfield real estate in March 2006, 2007, 2008 because I thought it was very interesting and it’s the most readily available on Metrolist.

March 2008 – Residential – Average “sold” price for Broomfield real estate: $351,206

March 2007 – Residential – Average “sold” price for Broomfield real estate: $326,692

March 2006 – Residential – Average “sold” price for Broomfield real estate: $289,741

As you can see, Broomfield’s average “sold” price has increased considerably since 2006. Also, just to give you an idea, the February 2008 average “sold” price in Broomfield real estate was: $319,884.

As far as number of homes sold:

March 2008 – Residential – Number of homes sold in Broomfield real estate: 67

March 2007 – Residential – Number of homes sold in Broomfield real estate: 57

March 2006 – Residential – Number of homes sold in Broomfield real estate: 77

March of 2008 was not as “busy” as March of 2006 but “busier” than 2007. In other words the housing market in Broomfield may not be smoking hot but it’s far from a disaster.

As I have mentioned in this blog before, unfortunately most of what the media comments on are national average figures which is akin to having a national average weather temperature. This real estate “crisis” is STILL and always was being driven primarily by FOUR states: Florida, California, Arizona and Nevada where investors were more prevalent than in other areas and when their investment values began to slide, they simply walked away which greatly exacerbated the problems in those areas.
photo credit: Jacob.Enos

I’m so happy you took the time to read one of my blog posts! Click here to search for a home for sale in the Broomfield, Westminster, Thornton or Northglenn, CO area. OR click here to find out what your current home is worth. As always, no registration is required, and any information you give me will NEVER be used to spam you or sold to someone else. EVER!

If you have any questions about buying or selling a home in the north metro Denver area don’t hesitate to contact me at 303.887.1883 or beth@bethskinner.com – and yes I actually return phone calls and emails! I am an extraordinary Realtor who strives to constantly go above and beyond what you might expect from your real estate professional and I love to surprise my clients with phenomenal results.

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

Did you like this? If so, please bookmark it, about it, and subscribe to the blog RSS feed.