Inventory holds firm as price reductions rise and days on market stay consistent.
Market Snapshot
This week in the Broomfield real estate market we continue to see signs of a summer slowdown in buyer urgency while maintaining a strong foundation of activity. The average sales price held at $835,454, with homes spending an average of 26 days on the market. Inventory remains steady, with 363 active listings currently available for buyers.
To put that in context, active listings in July have increased steadily year over year: from 160 in July 2020, to 275 in July 2022, to 325 in 2024, and now 363 in 2025. This growth reflects improved inventory conditions for buyers.
Similarly, the average sales price of $835,454 this July is the highest recorded for this month in the past six years. Compared to $718,006 in 2023 and $790,479 in 2024, this year’s figure underscores long-term appreciation in home values across Broomfield.
Days on market are holding steady as well. In July 2020, homes averaged 22 days; in 2023, that grew to 28; and in 2025, it’s now 26, pointing to continued buyer activity and appropriately priced listings moving quickly.
Weekly Activity Breakdown
In the past 7 days, Broomfield real estate saw notable activity:
- New Listings: 43
- Active Listings: 363 (43 New and 3 Back on Market)
- Back on Market: 3
- Coming Soon: 1
- Price Reductions: 66
- Price Increases: 5
- Pending: 29
- Sold: 32
- Withdrawn: 3
- Expired: 7
While there were 46 new actives, the more important figure for current housing supply is the 363 total active listings. This number sets the tone for buyer options in today’s market.
Trend Insights
Several key trends stood out this week:
- Price Reductions Are On the Rise
With 66 price reductions recorded, sellers appear to be adjusting expectations to match current buyer behavior. This could be a reflection of seasonal slowing or increased competition among listings. - Strong Closing Activity
Despite these reductions, 32 homes sold this past week, and 29 went pending. Compared to July 2023, which saw 92 total sales, July 2025 is on pace to exceed that, with 77 sales already recorded in the first two weeks. - Low Days on Market
An average of just 26 days on the market indicates that homes are still moving fairly quickly, particularly in comparison to broader regional norms. In fact, homes are selling faster than last July, when average days on market was 28. - Stable New Listing Volume
With 43 new listings and only 3 back on market, Broomfield is seeing a steady refresh in available homes. July 2025 is currently tracking slightly ahead of July 2024’s 136 new listings, with over 90 new listings already recorded this month.
What It Means for Buyers and Sellers
For Buyers:
The uptick in price reductions could offer new negotiating opportunities. If you’ve been waiting for a slight edge, this may be your moment. With 363 active listings to choose from and average days on market staying relatively low, buyers who act quickly can still secure great homes with some price flexibility.
For Sellers:
The market remains active, but pricing strategically is key. With 66 price reductions this week alone, it’s clear that buyers are pushing back on overly ambitious pricing. That said, rising average prices and stable days on market show that well-presented, fairly priced homes are still drawing offers. Working with a local expert like John Grandt and the North Star Team at Compass ensures your home is priced to sell, marketed effectively, and positioned to attract serious buyers in this dynamic environment.
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
