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Town comparisons › Broomfield vs Lakewood

Broomfield vs Lakewood

Broomfield and Lakewood are both Colorado towns. There are 354 homes for sale in Broomfield and 360 in Lakewood as this page loaded. Broomfield is the more expensive of the two: a median asking price of $579,995 against $504,500 in Lakewood, about 15% higher. Homes are moving faster in Broomfield — a median of 52 days on market against 80 in Lakewood. Broomfield is a balanced market right now and Lakewood is a seller's market.

Side by side

MeasureBroomfieldLakewood
Homes for sale354360
New in last 30 days10581
Median asking price$579,995$504,500
Median price per sq ft$305$299
Median size (sq ft)2,0191,606
Median bedrooms33
Median days on market5280
Months of supply3.12.5
Sold, last 12 months1,3691,739
Median sold price$617,500$570,000
Median days to sell5655
Sold vs asking price100.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Broomfield is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Lakewood is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.

Broomfield

354
Homes for sale
$579,995
Median asking price
$305
Median per sq ft
52
Median days on market

Lakewood

360
Homes for sale
$504,500
Median asking price
$299
Median per sq ft
80
Median days on market

Look at either town on its own

Questions people ask

Is Broomfield or Lakewood more expensive?

Broomfield is more expensive. The median asking price is $579,995 in Broomfield against $504,500 in Lakewood. By price per square foot, Broomfield runs $305 and Lakewood $299.

Which moves faster, Broomfield or Lakewood?

Homes for sale in Broomfield have been on the market a median of 52 days, against 80 days in Lakewood. Of the homes that actually closed in the last twelve months, Broomfield took a median of 56 days and Lakewood 55.

Is Broomfield or Lakewood the better market for a buyer?

Broomfield is a balanced market and Lakewood is a seller's market, measured on months of supply — 3.1 months in Broomfield and 2.5 in Lakewood. More months of supply means more choice and more room to negotiate, so on that measure Broomfield is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Broomfield and Lakewood?

There are 354 homes for sale in Broomfield and 360 in Lakewood as this page loaded, 105 and 81 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.