Ready to Make Your Move?
Text or Call David and Tom
720-408-7409

Broomfield Homes for Sale

Front Range Real Estate Market Update, March 7, 2024

Detached homes are selling faster than they have been, but attached homes are taking longer to sell due to the increase in condo inventory. Rising inventory gives buyers more to choose from and puts pressure on sellers to price right. 

Our local market in February:

Residential – Detached and Attached Homes

Average Closed Price: $676,575
+3.27% month-over-month
+3.04% year-over-year

Median Closed Price: $576,584
+2.05% month-over-month
+2.41% year-over-year

Active Listings at the End of the Month: 5,511
+13.14% month-over-month
+45.87% year-over-year

Closed Homes: 2,864
+31.20% month-over-month
-0.45% year-over-year

Average Days in MLS: 47
-4.08% month-over-month
-2.08% year-over-year

Detached Homes

Average Closed Price: $753,920
+3.09% month-over-month
+3.40% year-over-year

Median Closed Price: $633,000
+1.28% month-over-month
+5.50% year-over-year

Active Listings at the End of the Month: 3,748
+12.35% month-over-month
+43.16% year-over-year

Closed Homes: 2,084
+33.16% month-over-month
+2.01% year-over-year

Average Days in MLS: 46
-8.00% month-over-month
-6.12% year-over-year

Attached Homes

Average Closed Price: $469,923
+1.65% month-over-month
-1.89% year-over-year

Median Closed Price: $410,000
+4.13% month-over-month
+1.23% year-over-year

Active Listings at the End of the Month: 1,763
+14.85% month-over-month
+51.98% year-over-year

Closed Homes: 780
+26.21% month-over-month
-6.47% year-over-year

Average Days in MLS: 48
+2.13% month-over-month
+9.09% year-over-year