If you are considering buying a house or an investment property in the Denver real estate market, you’ll find all the housing statistics on this page to help you make a sound decision. Shortage of housing for a growing population, a strong economy & increasing jobs have been fueling the demand in Denver’s housing market. Despite significant gains in the housing stock in 2020, the Denver metro area house prices are holding steady year-over-year.
The year 2020 began very much still in favor of sellers for the Denver Housing Market. By the end of 2020, the house prices in Denver were expected to rise by 2 to 3 percent, which meant it was likely to be another year of affordability crisis for buyers. Despite the effects of COVID-19 which have slowed the economy since March 2020, Denver and the entire metro area remain a seller’s real estate market, especially in the $300,000 to $399,000 price range.