Broomfield Heights Market Pulse

Last year I did a ton of research on my neighborhood, Broomfield Heights, with the idea of buying a rental property. The city is still planning to construct a civic center near the city buildings so it seemed a smart place to invest. Like most Denver areas priced under $450, this mid-century modern neighborhood  has appreciated quite a bit in the past few years. 

Those who are trying to become homeowners can purchase a fixer-upper in Broomfield Heights with good bones for the mid-$300s and live in the desirable Boulder Valley School District. Broomfield also makes open space preservation a priority, and the trail connectivity throughout the area and into other cities is invaluable. 

This March we are seeing multiple-offer situations again, with buyers waiving contract contingencies to make their offers more competitive. Buyers need to have started the pre-qualification process with their lender and review the contracts with their Realtor so they are ready to move quickly when the right property pops up.

You can see the seasonal cycles in the chart above, where sales go down in the winter and increase in the spring and summer. Property moves all year, as people still need to move for reasons they can't control. Properties that are in good shape and priced appropriately will sell during any month, so if an agent tells you they can't sell in the winter, move on!
  

---

I would love to help you with your real estate journey. 

Please contact me at 303-917-7143 or robbin@elevatedrealestate.com

---