Tagged : Market Statistics

The Broomfield, Colorado Market is still a Buyers Market, but we are beginning to see some trending showing strengthening of the market.  When we reference the chart below:

we see we started the year with a market action index of 17.25 and dropped to 16.5 in March.  In the beginning of November the the Market Action Index increased to 18.25.  An index of 30 usually means a balanced market and anything over 30 indicates we are experiencing a Sellers market.

We are beginning to see an increase in Median Price per sq foot over the past year which is a trend we have not see for a few years in Broomfield.  The Median price per Square foot started the year at $132 and is currently just over $140, which is a 6% increase.  Some of this can be

Today we are we are taking a look at the different Boulder Valley Housing markets comparing year-over-year numbers through October 2011.

Boulder had 619 sales over the past year, compared to 642 for the same period a year ago.  Our total sales volume was down 3.6% when we look at year-over-year numbers.  The average sale price actually increased 1.5%.  Both of these numbers may be influenced by the Home Buyer Tax Credit.

Broomfield single family homes fared a bit better than Boulder with an increase of home sales from 345 to 354 for an increase of 2.6%.  Broomfield single family homes average sales price also increased by 1.8%.  Broomfield has done well over the last couple years.  Broomfield's city planners seem to have