Denver is THE place to be! We have amazing weather, year-round outdoor activities, a fantastic culinary scene, excellent job opportunities and arts & entertainment happenings that are sure to please most anyone. Even better, home owners are experiencing a real estate boom like we haven’t seen in years.
According to the latest monthly S&P/Case-Shiller Home Prices Index report, Metro Denver home resale prices are steadily increasing again this year, setting a new record high in November. Despite a nationwide dip in home-price growth, Denver is not experiencing a lull at all. In fact, November posted a 7.5% price growth over the last year.
Denver isn’t even suffering from the dreaded seasonal adjustment of home prices during the holiday months. November and December both saw monthly price gains in the local real estate market. We are among just six other cities that are experiencing the same type of growth. Most importantly, Denver seems to have a sustainable slow and steady growth pattern.
Our great city is quite a gem. Not only do you get to enjoy everything this town has to offer, but you can be a confident home buyer/owner as well! It’s a win-win for everyone! But… shhhhhh don’t tell too many people!