The average home sale price in Broomfield for August 2009 was the lowest it has been all year at $299,934. 66 homes sold, while 91 were under contract and 292 were still active.
A year ago at this same time the average sale price was $397,314 which was the highest at that time last year.
The disparity in prices is likely due to the fact Broomfield has a number of high-end, new home communities and not so much due to a sudden plummet in overall Broomfield home values. In some months there are simply more brand new, higher priced homes sold than others. This again highlights the problem in trying to compare real estate figures across the board. Not only do they vary widely by community, they can vary widely per neighborhood.
Are you thinking of relocating to the Broomfield, CO area? Start your home search here.
Based on information from Metrolist, Inc. for the period August 1, 2008-August 1, 2009. Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.
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