Vanessa Abrahamson Blog: Cities with the fastest growing home prices in the Denver metro area

Saturday, October 15, 2022

Cities with the fastest growing home prices in the Denver metro area

Cities with the fastest growing real estate prices in the Denver metro area

It goes without saying that the coronavirus pandemic has unleashed a wave of uncertainty across countless industries, and no other market has felt its impact as severely as the real estate market.

The pandemic has become a driving force behind the ongoing housing boom, with high demand for vacation homes and a limited supply of housing, prompting buyers and investors to raise affordable property prices, which has sent house prices skyrocketing . The ability to work remotely played a role in demand for vacation homes in mid-2020, as affluent Americans opted to weather the pandemic with more amenities and space away from dense urban areas.

forklift compiled a list of cities with the fastest growing home prices in the Denver-Aurora-Lakewood, CO area using data from Zilov. Cities are ranked by 1-year price change from August 2022. The typical home value in the United States rose +14.1% last year to $356,054. Data was available for 87 cities and towns in Denver.

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