See Broomfield CO Homes for Sale under $200,000
See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
Read on for a report on Broomfield CO home sales:
What this report tells you: Broomfield home sales in this price range are impacted by a majority of distressed sales (foreclosures and short sales). Normally, that fact would keep prices low and provide a possible 'bargain hunting' area for home buyers, but with only two on the market and nine sold last month, low inventory makes these homes rare, indeed.
Broomfield absorption rate: Less than a week
Broomfield homes sold at or above list price last month: Four (44%)
Click this link to see Broomfield CO Home Sales in the other price categories.
This report includes only detached single family Broomfield homes listed or sold for $200,000 or less. (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 two Broomfield homes for sale in this price range (click the link to see them!). One is a foreclosure and the other is a short sale and has been on the market for 286 days. 100% rate of distressed sales
If you would like any more details or to see any of these homes, please give me a call at 720-353-8031.
- There are currently five Broomfield CO homes under contract, none are foreclosures and one is a short sale. 20% of Broomfield homes currently under contract are distressed sales.
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Nine Broomfield homes sold last month under $200,000, having 83 median days on market. Five were foreclosures, two were short sales. So 78% were distressed sales.
- One year ago 14 Broomfield homes sold below $200,000, with 88 median days on market. Two Broomfield home were foreclosures, one was a short sale. A 21% rate of distressed sales.
- Two years ago 11 Broomfield CO homes sold below $200,000, staying on the market for a median of 96 days. Six were foreclosures, one was a short sale, for a 64% distressed sales rate.
Click this link to see market reports for Arvada, Westminster, and Broomfield CO.
Click this link to see Broomfield real estate market reports for the previous month.
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Broomfield is a thriving town between Denver and Boulder in Jefferson County, Colorado. There are many different neighborhood styles and homes prices. Call me to talk about the kind of neighborhood you dream of living in.
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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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