Following 6 months of steady improvement – the S&P Case Shiller Home Price Index data released today, indicates a small month-over-month average home price decrease for the Denver Metropolitan area.
Home prices in Denver showed a slight slide, with home prices decreasing 0.5 percent in September compared with August.
The good news is that out of 20 Cities studied – Denver tied with Dallas, showing the smallest year-over-year home price drop. Both cities weighed in with an average home priced decline of 1.2 percent when comparing data from the previous year.
Since real estate is local, you might want to check out: Denver market stats for additional information.
Michelle A. Potter
Denver Realtor
RE/MAX Professionals
