Real Estate Market Update for 80020 (Broomfield, CO)

Video: Real Estate Community Tour for 80020 (Broomfield, CO)

See Real estate community tour for 80020 (Broomfield, CO)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 37% from one year earlier, and down 19% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 50%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 370-thousand dollars. The number of units sold decreased 24% year-over-year, and decreased 15% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 80020 (Broomfield, CO)
Area Information for 80020 (Broomfield, CO)
  • Population: 49,118
  • Median Age: 38.36 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,486/sq mi
  • Population Change Since 2000: 8.85%
  • Closest Airport: Denver International
  • Closest College: Colorado Tech University-westminster
  • Closest Jr. College: Front Range Community College
  • Median Household Income: $79,747
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $266,000
  • Closest Major Sports Team: Colorado Rockies
  • Change Avg. Household Income Since 2000: 25.16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 80020 (Broomfield, CO)
Median Age: 38.36 Married: 45% Number of Households: 18,236 Households with Children: 6,737
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 80020 (Broomfield, CO)

      School Name Distance Type Grades School Rating Parent Rating
      Aspen Creek K-8 School 0.6 mi Public K-8 4 0
      Westlake Middle School 1.4 mi Public 6-8 4 0
      Birch Elementary School 1.6 mi Public PRESCHOOL-5 4 0
      Centennial Elementary School 1.6 mi Public PRESCHOOL-5 2 0
      Mountain View Elementary School 1.9 mi Public PRESCHOOL-5 3 0
      Broomfield Heights Middle School 1.9 mi Public 6-8 3 0
      Broomfield High School 2.1 mi Public 9-12 3 3
      Apple Tree Christian Preschool & Kindergarten 2.3 mi Private PRESCHOOL-K 0 0
      Kohl Elementary School 2.5 mi Public PRESCHOOL-5 4 0
      Nativity Of Our Lord School 2.7 mi Catholic K-8 0 0
      Kindercare Learning Centers Llc 2.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Primrose School Of Torrey Peaks 2.8 mi Private PRESCHOOL-K 0 0
      Victory Montessori And Childcare 2.8 mi Private K-K 0 0
      Emerald Elementary School 2.8 mi Public PRESCHOOL-5 3 0
      Beautiful Savior Lutheran School 2.9 mi Private PRESCHOOL-5 0 0
      Broomfield Academy 3.0 mi Private PRESCHOOL-8 0 0
      Life Christian Academy 3.3 mi Private PRESCHOOL-12 0 0
      Ryan Elementary School 3.3 mi Public K-6 4 0
      Sheridan Green Elementary School 3.9 mi Public K-6 3 0
      Hyland Christian School 5.3 mi Private K-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 80020 (Broomfield, CO)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.