Denver Home Prices 9% Above 2013

Prices for Denver homes continue to rise. Yesterday, Case-Shiller released their statistics for January and are showing a 9% increase in prices from the same period a year earlier.

While the Metrolist statistics are more current and very similar to the Case-Shiller numbers, Case-Shiller factors in more sales statistics than just the MLS reporting and is generally considered the standard in the industry.

Here is more information from The Denver Business Journal:

Denver-area home-resale prices rose 9 percent in January from a year earlier, the same year-over-year increase as in December, according to the latestS&P/Case-Shiller Home Prices Index, released Tuesday.

Over a shorter term, Case-Shiller’s index showed Denver prices virtually unchanged in January from the previous month, based on non-seasonally-adjusted data.

It was the 25th consecutive month with a year-over-year gain in Denver prices, according to the closely followed gauge of home resale prices in 20 cities from S&P Dow Jones Indices LLC.

For more detailed information on this report, the overall market, or homes in your neighborhood, give our team a call today at 303-726-1874. Each neighborhood is different and we would be happy to run a report for your home.


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