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Broomfield Real Estate Market Report | May 2019

 

Broomfield Real Estate Market Snapshot

This Broomfield Real Estate Market Snapshot takes a look at the real estate market as a whole in Broomfield for April 2019. There was a huge increase in market activity in April as buyers and sellers got an early jump on the Summer buying and selling season. In total, 307 homes were sold with an average purchase price of $538,123. Although this is slightly less than the same time period in 2018, sellers are still in a good position moving forward into Summer.

Homes priced at $300k or less continue to be hard to come by in Broomfield as just four of these homes have sold in 2019. If you are lucky enough to have a home to sell in this price range you can expect it to sell quickly as the average days on market for a home in this price range is just 17.

 

 

 

 

 

 

 

 

If you are a homeowner that is looking to sell in the a home for around $750k it is important to consider the impact of pricing above or below this threshold. Homes in the $500k to $750k price tier have an average days on market of 42. Compare that to the $750k to $1M price tier and average days on market of 58. If you need to move quickly it would be in your best interest to keep your home priced in the slightly lower price tier and save you over two weeks on the market.

Broomfield Real Estate Market Report | May 2019

Below is a link to the full version of my monthly market report for Broomfield. In addition to the information above you will find micro market information on the following neighborhoods:

  • Anthem Highlands
  • Anthem Ranch
  • Aspen Creek
  • Country Estates
  • Lambertson Farms
  • McKay Landing
  • Redleaf
  • Silverleaf
  • Spruce Meadows
  • The Broadlands
  • Wildgrass

Don’t see your neighborhood on the report? Contact me today and I will prepare a similar report about the market activity in your neighborhood and include it in all future months of the Broomfield Real Estate Market Report.

Download the Broomfield Real Estate Market Report for May here.

Helping You Make Informed Decisions Regarding Broomfield Real Estate

6-3 I produce this monthly report to provide you with a high level overview by looking at the patterns and trends.

I hope to help YOU make sense of the numbers so you can make informed decision. It is my hope that this report helps you to ”See the Big Picture and All the Details!”

If you see a segment of the market that you would like additional help with understanding please contact me.  Or if you desire a specific Property Valuation Report that I routinely prepare for my clients, please contact me.

This report covers Broomfield Single Family Homes/Luxury Homes, Broomfield Condos and Broomfield Town Homes.

You will also see a ”slice” of the data by Price Range and by Area for Single Family Homes to provide a more insightful view of the market.

See the big picture and all the details of the Broomfield Real Estate Market and more –> Download the full market report as well as find more valuable information about Broomfield Real Estate here.

How can I help you with your Broomfield, CO Real Estate Needs?

This Broomfield Real Estate Market Report and the level of detail is representative of what you can expect from me as your Real Estate Agent.

I am a Colorado native and Broomfield resident with years of local knowledge and insight to help meet your needs, and I strive to exceed client expectations.

You May Be Wondering… What is My Home Worth?

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Do you wonder what your home is worth in the current market? Do you desire a specific Property Valuation Report that I routinely prepare for my clients? Please contact me.

If you are considering buying or selling a home, I would appreciate the opportunity to earn your business (or that of a friend you think I could help).

Visit www.RefRealty.net. Phone: 720.351.8488 or John@RefRealty.net

For questions regarding this Broomfield Real Estate Market Report or the Broomfield Real Estate Market in general contact:

 

 

 

John Grandt

Global Luxury Property Specialist | Certified Real Estate Negotiation Expert

Coldwell Banker Residential Brokerage | Ref Realty

John@RefRealty.net

720.351.8488

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