Balanced Inventory and Adjusted Pricing Define Broomfield’s Mid-July Market
Broomfield Real Estate Market Snapshot
From July 14–20, 2025, the Broomfield real estate market continued its summer trend of rising inventory and pricing recalibration. The average sales price was $694,526, homes spent an average of 34 days on market, and there were 356 active listings available for buyers—offering greater selection than in recent years.
To put that in perspective, active inventory has increased significantly year-over-year. In July 2023, there were 195 active listings. In 2024, that number climbed to 325. This July, we’re at 356—a welcome shift for buyers who have more choices than in previous seasons.
Weekly Activity Breakdown
Here’s what happened in the Broomfield real estate market last week:
- New Listings: 24
- Back on Market: 4
- Coming Soon: 2
- Active Listings: 356
- Price Reductions: 51
- Price Increases: 8
- Pending Listings: 23
- Sold Listings: 25
- Withdrawn Listings: 7
- Expired Listings: 9
Price reductions significantly outpaced price increases, highlighting sellers’ efforts to align with shifting buyer expectations.
Broomfield Real Estate Market Trends
Inventory Keeps Climbing
Active listings this July are at a five-year high. With 356 properties on the market, buyers are finally seeing the variety and negotiating space that was missing in prior years.
Sales Prices Remain Resilient
Despite more listings and slower-moving properties, average prices are holding relatively steady at nearly $695K—slightly below July 2023’s $718,006, but consistent with broader pricing trends over the past two years.
Moderate Days on Market
Homes are now spending 34 days on average before going under contract. This is slightly higher than last July’s 28 days but remains healthy given the seasonal pace and pricing adjustments.
Pricing Adjustments Are Common
With 51 price reductions in just one week, sellers are reacting to buyer pushback and market feedback. Smart pricing is key in this evolving environment.
What It Means for Buyers and Sellers
For Buyers:
The increase in active listings and the frequency of price reductions make this a favorable time to shop. Buyers who are prepared and working with the right agent can negotiate strategically and secure value in Broomfield’s shifting landscape.
For Sellers:
This market still rewards well-prepared and well-priced listings. With homes averaging just over a month on the market, a smart pricing and marketing strategy—like the one used by John Grandt and the North Star Team at Compass—can make the difference between interest and inaction.
Broomfield real estate is adjusting toward a more balanced dynamic. For expert local guidance, reach out to John Grandt and the North Star Team at Compass today.
If you’re thinking about buying or selling in Broomfield, now is a great time to leverage accurate local insights and expert guidance. Reach out to John Grandt and the North Star Team at Compass to navigate today’s market with confidence.
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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
