Denver Average Home Price
For the first time this year the average sold price of a single family home in up year on year from a year ago. For September the average sold price for a home in the Denver Metro area was $274,433 while the average price for September 2008 was $260, 118 an increase of 5.2% . For this year the average price is up 16% from January’s average price of $230,878.
Median home prices have also shown an increase. For September the median price of a home sold was $225,000 up from January’s figure of $181,500. That is an increase of 19%. The median price in September 2008 was $216,500 a year on year increase of 3.8%.