Inventory Holds Steady as Broomfield Homes Take Longer to Sell
Broomfield Real Estate Market Snapshot
For the week of July 21–27, 2025, the average sales price in Broomfield real estate was $692,227. Homes spent an average of 56 days on market, and there were 357 active listings available—a sign of continued stability in local inventory.
To give context on inventory trends:
- July 2021: 106 active listings
- July 2023: 195 listings
- July 2024: 325 listings
- July 2025: 357 listings
Home prices dipped slightly from July 2024’s average of $790,479, marking a 12% year-over-year decline. This softening aligns with rising days on market, which have doubled since July of last year.
Weekly Activity Breakdown
Here’s a snapshot of Broomfield real estate activity from July 21–27:
- New Listings: 30
- Back on Market: 11
- Coming Soon: 5
- Active Listings: 357
- Price Reductions: 48
- Price Increases: 6
- Pending Listings: 27
- Sold Listings: 21
- Withdrawn Listings: 9
- Expired Listings: 9
With nearly 50 price reductions and an average of 56 days on market, it’s clear sellers are adjusting expectations amid a more competitive landscape.
Broomfield Real Estate Market Trends
Inventory Rises but Levels Off
Active listings have grown steadily over the past few years, rising from just 106 in July 2021 to 357 today. This stability gives buyers more choices without dramatically shifting market dynamics.
Home Prices Ease Back
At $692,227, the average sales price is down significantly from last year but remains higher than pre-2023 levels. This reflects a normalization after several years of rapid appreciation.
Longer Time to Sell
Homes are staying on the market for nearly two months on average—a 93% increase from the 29 days recorded in July 2024. Buyers have more time to shop, while sellers need to be prepared for extended timelines.
More Price Reductions Signal Flexibility
The 48 price reductions this week suggest sellers are increasingly responsive to buyer feedback. Strategic pricing is key to attracting interest and securing timely offers.
What It Means for Buyers and Sellers
For Buyers:
More listings and longer days on market mean less pressure and more negotiation room. It’s a great time to find a home that fits your needs without rushing. Work with John Grandt and the North Star Team at Compass to identify the right opportunities and make confident decisions.
For Sellers:
The market remains active, but it demands precision. Pricing competitively and preparing your home for market are more important than ever. With expert guidance you can attract the right buyers and close efficiently.
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.
How Can I Help You With Your Denver or Broomfield Real Estate Needs?
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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
