Thursday, May 5, 2011

Broomfield, Colorado Single Family Home Sales History & Market Trends, 1st Qt. '11

Slow 20911 start.  2nd quarter '10 tax credit stole sales from 3rd quarter '10.

Steady in the mid-$300Ks but rising in mid-summer.  Significant 4th quarter '10 jump.

1st quarter '11 jump.


Steady declines in Broomfield inventory since '06.  Up at the end of '10 and 1st quarter '11.  Possibly pent-up supply coming back to the market.

2nd half of '10 plus 1st quarter '11 up for slow sales start & mild inventory increases.  5 to 6 months of inventory (listings divided by sales) is the rough dividing line between Buyer and Seller markets.

Dagmar Alford,
                                                                 Accredited Buyer's Representative
                                                                 Certified Negotiation Expert
                                                                 Transnational Referral Certified, TRC
                                                                 Broker/Owner, Options Realty, LLC
                                                                 720-352-8285
                                                                 AgentDagmar@comcast.net