Property Valuations

It will likely come as no surprise that Denver real estate continues to trend upward. The Denver Metro Association of Realtors released a recent trends report this week, revealing that the average home price rose again in the last month. Median prices for Denver metro now sit at $439, 161, more than a 10% increase from last year.

To read the report and other important market data, visit Denver Metro Association of Realtors.

Denver home values have appreciated and recovered from pre-recession values. According to the Denver Post, though only one-third of home markets across the United States have recovered from the recession, 99 percent of properties in the Denver Metro area have matched or surpassed pre-recession values. In light of national conditions, some homeowners have been surprised at these valuations and county officials are having to reassure homeowners of their validity.
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If you’re curious about how your home value stacks up, the Denver Post has provided a “heat map” by neighborhood. Feel free to contact me with questions about your home’s value and comparable properties in your area.