Denver Home Prices on the Rise

Denver Home Prices RiseThere was more good news for the Denver housing market this week!

Denver home prices continued to stack up well against other major cities in the recently-released S&P/Case-Shiller Home Prices Indices. The report indicated a 3.6 percent increase from February 2009 to February 2010. This sharp percentage increase – for the fourth consecutive month - was enough for Denver to have the 5th highest year-to-year price increase in the index of 20 major cities. Cities boasting a higher percentage price increase than Denver included San Francisco (11.9%), San Diego (7.6%), Los Angeles (5.3%), and Washington, D.C. (5%).

For information on the state of the Denver real estate market, please contact TeamCox Realtors at 303-400-6060.

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