The Metro Denver real estate market continues to show strength as 2017 progresses. Local real estate has consistently been in the top 5 markets nationally for price appreciation. February’s 8.5% increase, reported in the Case-Shiller Home Price Index, placed 4th nationally marking the first time Denver has fallen outside of the top 3 in the past 12 months. Read more about home price appreciation in this Denver Business Journal report.
In related news, New York-based SmartAsset recently ranked Denver as the 9th healthiest housing market in the nation. Factors in the rating include stability, risk, ease of sale, and affordability. The rapid rate at which homes in Denver sell helped propel the city to a high ranking. According to the report, only 3.1% of homes in Denver were decreasing in value, compared to the national average of 12.5%.
If you are ready to purchase the home of your dreams, consider Pradera. Pradera offers luxury homes starting in the $900’s in a peaceful and serene Douglas County community featuring extensive open space, a community pool, parks, playgrounds and trails, as well as the private Club at Pradera golf course. Currently there are 2 homes that are available for quick occupancy. Click here to learn more about these homes. For more information, contact Craig Penn via e-mail or call 720-851-9411.