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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Broomfield. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 720-935-7653 or 970-412-8993
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| Average Home Price | $350,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $250,000 - $299,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Broomfield is | Increasing |
| Seller Activity for the past 90 days in Broomfield is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Sellers in Broomfield continue to see multiple offers, depending on listing price and neighborhood comparables. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 20-25% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | As prices hold staedy in Broomfield, buyer financing is readily available to qualified buyers. |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Broomfield continues to grow. It's proximity to Denver and Boulder make Broomfield a desirable place to live and commute. Broomfield has an inventory of homes from the low $200s to $2,000,000.00. |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Good economic news |
| Nearest Metro Area | Denver |
| Housing Hot Spots | Most cities within the Broomfield County area are considered 'Housing Hotspots' |
| Average Sold Price | $350,000 - View Graph Trend |
Broomfield Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
The Meadows Team
720-935-7653 or 970-412-8993
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 15th, 2012 –
---------------------------------
30 yr. fixed rate: 3.87%---------------------------------
15 yr. fixed rate: 3.18%
30 yr. jumbo rate: 4.69%
15 yr. jumbo rate: 4.00%
Home Values
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Request More Information Let me answer your questions! Ask Me!
The Meadows Team
Metro Brokers Meadows Realty
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 720-935-7653 or 970-412-8993
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