See Broomfield CO Homes for Sale Above $500,000
See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
Read on for a report on Broomfield Home Sales:
What this report tells you: With a huge improvement in days on market for the Broomfield homes selling at above $500,000, and nearly a 2-year inventory, it seems Broomfield homes are either selling quickly, or sitting a long time.
Home buyers in this price range have got it made. Home sellers in this price range must content with the allure of new construction, creating a downward pressure on prices.
Broomfield absorption rate: 20 months (Yikes!)
Broomfield homes sold last month at or above list price: None
Click this link to see Broomfield CO Home Sales in the other price categories.
This report includes only detached single family Broomfield CO homes that sold at $500,000 and up. I'm using the term 'distressed sales' to refer to short sales and foreclosures. A 'regular' sale may also have been 'distressed' in the sense that the home was in need of major work.
- Currently, there are 41 Broomfield CO homes for sale in this price range. One of them is a short sale, none are foreclosures. That's a measly 2% rate of distressed sales for Broomfield homes in the price range.
If you would like any more details or to see any of these Broomfield CO homes for sale, please call me at 720-353-8031.
- Currently, there are 30 Broomfield CO homes under contract in this price range. None of these homes is a foreclosure or short sale.
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Only two Broomfield CO homes sold last month at $500,000 and up, with 50 median days on market. None of them was a foreclosure or short sale.
- One year ago, five Broomfield CO homes sold at $500,000 and up. 128 median days on market. None of them were short sales, two were foreclosures. 40% rate of distressed sales.
- Two years ago, three Broomfield CO homes sold at $500,000 and up. 186 days on market. None of them were foreclosures or short sales.
Click this link to see Broomfield CO Home Sales in the other price categories.
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Copyright © 2013 Joetta Fort, The DiGiorgio Group
Based on information from Metrolist, Inc. for the periods specified in the report.
Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist may not reflect all real estate activity in the market content.
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