While home prices experienced a slight dip in Metro Denver, overall trends show boom in appreciation values since 2014.
The average and median sold prices of homes both slowed down from the previous month, with appreciation slipping 1.41 percent to $404,160 and 0.46 percent to $350,000, respectively. While home prices had a slight decline month over month, Denver-area has experienced a 23 percent boom in average home appreciation values year to date in the past 24 months.
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“The thrill of victory and agony of defeat are easily interchangeable between sports and real estate,” said Anthony Rael, Chairman of the DMAR Market Trends Committee and Denver real estate agent. “As the past twenty-four…