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.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

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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