Real Estate Market Update for Broomfield, CO

Video: Real Estate Community Tour for Broomfield, CO

See Real estate community tour for Broomfield, CO
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 20% from one year earlier, and down 14% 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 under 600-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 4%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 380-thousand dollars. The number of units sold decreased 23% year-over-year, and decreased 29% 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.
Show Transcript
Map Information for Broomfield, CO
Area Information for Broomfield, CO
  • Population: 63,676
  • Median Age: 38.37 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 1,927/sq mi
  • Population Change Since 2000: 61.31%
  • Closest Airport: Denver International
  • Closest College: Devry University-westminster
  • Closest Jr. College: Front Range Community College
  • Median Household Income: $81,133
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $336,000
  • Closest Major Sports Team: Colorado Rockies
  • Change Avg. Household Income Since 2000: 34.54%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Broomfield, CO
Median Age: 38.37 Married: 44% Number of Households: 24,521 Households with Children: 8,461
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 Broomfield, CO

      School Name Distance Type Grades School Rating Parent Rating
      Ryan Elementary School 0.3 mi Public K-6 4 0
      Sheridan Green Elementary School 0.5 mi Public K-6 3 0
      Life Christian Academy 0.7 mi Private PRESCHOOL-12 0 0
      Primrose School Of Torrey Peaks 0.8 mi Private PRESCHOOL-K 0 0
      Victory Montessori And Childcare 0.9 mi Private PRESCHOOL-K 0 0
      Beautiful Savior Lutheran School 0.9 mi Private PRESCHOOL-5 0 0
      Broomfield Academy 1.0 mi Private PRESCHOOL-8 0 0
      Emerald Elementary School 1.4 mi Public PRESCHOOL-5 3 0
      Nativity Of Our Lord School 1.6 mi Catholic K-8 0 0
      Kindercare Learning Centers Llc 1.7 mi Private PRESCHOOL-K 0 0
      Broomfield High School 1.8 mi Public 9-12 2 4
      Apple Tree Christian Preschool & Kindergarten 1.9 mi Private PRESCHOOL-K 0 0
      Birch Elementary School 1.9 mi Public PRESCHOOL-5 4 0
      Kohl Elementary School 2.0 mi Public PRESCHOOL-5 4 0
      Mountain View Elementary School 2.0 mi Public PRESCHOOL-5 3 0
      Jefferson Charter Academy Junior High School 2.0 mi Public 7-12 4 0
      Jefferson Charter Academy Senior High School 2.0 mi Public 9-12 5 4
      Jefferson Academy Charter School 2.0 mi Public K-6 4 3
      Hyland Christian School 2.1 mi Private K-12 0 0
      Devereux Cleo Wallace Center 2.1 mi Private 5-12 0 0
      Standley Lake High School 2.1 mi Public 9-12 2 3
      Mandalay Middle School 2.2 mi Public 7-8 4 0
      Kindercare Learning Centers Llc 2.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Adams Elementary School 2.3 mi Public PRESCHOOL-6 4 0
      Semper Elementary School 2.3 mi Public K-6 3 0
      Broomfield Heights Middle School 2.5 mi Public 6-8 2 0
      Cornerstone Christian Academy 2.8 mi Private PRESCHOOL-12 0 0
      Woodrow Wilson Charter Academy 2.8 mi Public PRESCHOOL-8 4 0
      Witt Elementary School 2.8 mi Public PRESCHOOL-6 2 0
      Lukas Elementary School 2.9 mi Public K-6 4 0
      Centennial Elementary School 2.9 mi Public PRESCHOOL-5 2 0
      Wayne Carle Middle School 3.0 mi Public 7-8 4 0
      Aspen Creek K-8 School 3.1 mi Public PRESCHOOL-8 4 0
      Coyote Ridge Elementary School 3.2 mi Public K-5 5 0
      Westview Elementary School 3.4 mi Public K-5 2 0
      Moore Middle School 3.5 mi Public 7-8 2 0
      Montessori At Interlocken 3.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Westlake Middle School 3.6 mi Public 6-8 4 0
      Shepherd Of The Valley Lutheran School 3.7 mi Private PRESCHOOL-8 0 0
      Global Village Academy 3.7 mi Public K-8 2 0
      Vantage Point 3.7 mi Public 9-12 0 4
      Legacy High School 3.7 mi Public 9-12 4 3
      Kindercare Learning Center 3.8 mi Private PRESCHOOL-K 0 0
      Arapahoe Ridge Elementary School 3.8 mi Public K-5 3 0
      Silver Hills Middle School 3.9 mi Public 6-8 2 0
      Holy Family High School 3.9 mi Catholic 9-12 0 4
      Mountain Range High School 3.9 mi Public 9-12 2 3
      Step By Step Child Development Center 3.9 mi Private PRESCHOOL-K 0 0
      Pomona High School 4.0 mi Public 9-12 1 3
      Weber Elementary School 4.2 mi Public K-6 2 0
      Meridian Elementary School 4.3 mi Public K-5 5 0
      Warder Elementary School 4.7 mi Public K-6 3 0
      Hope Montessori Academy 4.7 mi Private PRESCHOOL-K 0 0
      Excel Academy Charter School 4.9 mi Public K-12 3 0
      Sierra Elementary School 5.4 mi Public K-6 4 0
      Meiklejohn Elementary School 5.9 mi Public PRESCHOOL-6 5 0
      Oberon Junior High School 6.0 mi Public 7-8 4 0
      Ralston Valley Senior High School 6.2 mi Public 9-12 5 4
      Van Arsdale Elementary School 6.5 mi Public K-6 4 0
      Prospect Ridge Academy 6.8 mi Public K-8 4 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 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.