Inventory Holds Steady While Prices Push Higher Across Broomfield
Broomfield Real Estate Market Snapshot
For the week of August 18–24, 2025, the average sales price in Broomfield real estate climbed to $770,875, reflecting a strong market despite higher borrowing costs. Homes are selling faster, spending just 32 days on market, down sharply from 40 days last August. Buyers had access to 365 active listings, keeping inventory steady compared to earlier this summer.
Mortgage rates remain an important factor. The average 30-year fixed rate stood at 6.52%, creating pressure on monthly affordability but not slowing Broomfield’s momentum entirely.
Active Listings in August Over Time:
- 2021: 110
- 2023: 220
- 2024: 315
- 2025: 365
The long-term trend shows Broomfield inventory continues to expand, giving buyers more options across the best neighborhoods in Broomfield.
Weekly Activity Breakdown
Here’s how the market moved between August 18 and August 24:
- New Listings: 40
- Back on Market: 6
- Coming Soon: 1
- Active Listings: 365
- Price Reductions: 36
- Price Increases: 5
- Pending Listings: 30
- Sold Listings: 15
- Withdrawn Listings: 7
- Expired Listings: 10
Even with rising prices, 36 homes reduced their asking price this week, showing sellers are adjusting expectations to align with buyer demand.
Broomfield Real Estate Market Trends
Prices Push Higher
At $770,875, average sales prices in Broomfield are up compared to $732,212 in August 2024. This highlights continued strength, especially in upscale Broomfield neighborhoods and the best neighborhoods in Broomfield for families.
Faster Sales Pace
Homes are selling in just 32 days on average, down from 40 days in 2024. This signals strong buyer demand, particularly in popular neighborhoods in Broomfield and family-friendly communities.
Inventory Balanced but Elevated
With 365 active listings, Broomfield remains in one of its highest supply environments in recent years. Buyers can explore the best neighborhoods in Broomfield to live, raise a family, or invest without the urgency of past markets.
Mortgage Rates Add Pressure
At 6.63%, today’s 30-year fixed mortgage rate is influencing buyer budgets. Yet, demand persists, showing that buyers are willing to adjust price points in order to access the best Broomfield neighborhoods.
What It Means for Buyers and Sellers
For Buyers:
This is still an attractive market for well-prepared buyers. Elevated inventory means you can take your time evaluating good neighborhoods in Broomfield, most beautiful neighborhoods in Broomfield, and even cool neighborhoods in Broomfield while negotiating with confidence. A top Broomfield real estate agent can help you secure the right home despite higher mortgage rates.
For Sellers:
Strong prices and faster sales mean opportunity—but only with the right strategy. Homes in upscale Broomfield neighborhoods and the best family neighborhoods in Broomfield are selling quickly, while others may require adjustments. Partnering with a top Realtor in Broomfield ensures your home is priced correctly and positioned to stand out among 365 competing listings.
Partner with a Top Broomfield Real Estate Team
Whether you’re searching for the best neighborhoods in Broomfield to live or selling in Broomfield CO’s best neighborhoods, the right guidance makes all the difference.
As one of the top real estate teams in Broomfield, John Grandt and the North Star Team at Compass provide expert market knowledge, pricing strategies, and local insight that sets clients up for success.
📞 Ready to make your next move? Contact John Grandt, the best real estate agent in Broomfield, for data-driven advice and proven results.
How Can I Help You With Your Denver or Broomfield Real Estate Needs?
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You May Be Wondering… What is My Home Worth?
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Visit www.northstarcompass.net. Phone: 720.351.8488, or [email protected]
For questions regarding the Broomfield Real Estate Market in general contact:
John Grandt
Real Estate Professional | Team Lead
North Star Team at Compass
[email protected]
720.351.8488
