Monday, April 5, 2021

Broomfield Heights 1st Filing 1Q21 Stats

The market is still moving quickly. Our neighborhood saw 9 ranch sales and 4 quadruplex/triplex buildings this first quarter of 2021. The income property activity was unusual; looks like one owner is trying to offload 7 properties in total.

For the non-commercial properties, they sold at a median value of 5 days, with the longest being 8 days. All except for one sold at or above listing price. 


Three of those sold privately, not being listed on the MLS. Without photographs, I can't know the condition of the interior but two of the three sold quite a bit below the median $/sqft of $393. In this market, even fixer-uppers will sell with a decent $/sqft, so don't short-change yourself by not hiring a Realtor to give you adequate market exposure.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


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