Broomfield, Colorado Real Estate and Relocation Information

The City and County of Broomfield got its official start in 2002, having been a patchwork quilt of agencies, governments and businesses all incorporated in other counties. Broomfield is between Denver and Boulder, just north of the Boulder Turnpike (U. S. Highway 36), and is about 15 minutes from either point. The Northwest Parkway connects the Turnpike to the south and I-25 to the east.

Broomfield is one of the Denver area’s most desirable communities, close to Boulder and the mountains, yet not far from downtown Denver, and to the south, the Denver Tech Center. Broomfield has been known as Denver’s second Tech Center over the last decade or two, and offers comfortable living in the midst of the best of suburban life.

Broomfield has grown over the last decade (population was estimated at 42,000 in 2004), becoming a center of high tech businesses, including Sun Microsystems, Ball Technologies, Sandoz, McData and McKesson among others. Its proximity to the University of Colorado at Boulder gives it easy access to a ready employment base plus a variety of University based research facilities.

Broomfield has an older area and a much newer area. The Broadlands is one of Broomfield’s newer master planned communities with all kinds of amenities, ranging from a golf course, swimming pool and walking trails to soccer fields and playgrounds. The community covers 820 acres and provides its residents with plenty of recreational opportunities and parks.

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Broomfield, Colorado Real Estate

• Broomfield’s older neighborhoods offer established landscaping and settled living. 3 bedroom, 2 bath homes with finished basements, a 2-car garages range from the low $200,000s to the mid-$300,000s, while the newer homes range from the low $300,000s up to about $850,000.
• Broomfield condos and townhomes, 2 bedrooms, 2 baths and a garage, range from the low $200,000s up to about $350,000 for a top-of-the-line 2-story townhome with 2 to 3 bedrooms, 2 to 3 baths and a 2-car garage.
• Broomfield builder homes and townhomes are plentiful, ranging from affordable homes (where income limits apply to homebuyers) to well over $500,000.

Broomfield Real Estate Prices for January 2008
(data from August 1, 2007 to January 31, 2008)

370 detached single family homes were sold with a median list price of $275,000. On average homes took 122 days to sell and sold for a median price of $265,500. Median price is a better measure of sold price than average, which is skewed by a few high-priced homes at the top end and low-priced homes at the bottom. Lowest sold price for detached single family homes was $115,000; highest sold price was $3,067,253. For condos and townhomes (attached family homes) the lowest sold price was $99,000 while the highest was $300,000. The median sold price was $203,700, and the average was $206,733.
 
The ratio of sold to list price was 97.28% for detached homes. The ratio of sold to original price was 95.32%. The net sold (after seller concessions such as down payment or closing cost assistance, and the like) to original list price was 94.37%. To simplify, if a seller originally listed their home at $250,000, they realized $235,925 from the sale.

Broomfield Shopping and Dining

Broomfield is home to Flatiron Crossing, Denver’s newest dining and shopping center. The combination indoor/outdoor mall hosts Nordstrom’s, Dillard’s and Macy’s department stores, plus over 200 retail shops, restaurants and movie theaters.

Broomfield Parks and Recreation

Broomfield prides itself on having over 66 miles of trails, more than 700 acres of developed parks and 45 playgrounds, or 16 acres for every 1,000 citizens. It also has facilities used for weddings, receptions and other community events. Five inline rinks are available for residents and visitors, plus the Broomfield Community Park with abundant amenities.

Broomfield, Colorado Zip Codes

• 80020
• 80021

Broomfield, Colorado Hospitals/Medical Centers

• Avista Adventist Hospital, Louisville

Broomfield, Colorado Weather

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