Denver Going Above and Beyond Pre-Recession Levels

Jan 28, 2015

According to recent data released by Zillow, home values in the Denver metro area have gone above and beyond their highest pre-recession levels.

Not only have home values in Denver returned to their peak, but only three other metro areas surveyed by Zillow have done the same: Austin, San Jose, and Pittsburgh.

In June, the median home value rose 8.9 percent year-over-year to $256,800 and rose by 0.6 percent between the first and second quarters.

The highest home values can be found in Evergreen, at $427,100.

National home values stayed much lower than Colorado’s average, at $174,200 in June, an increase of 6.3 percent from June 2013.

Meanwhile, 18.8 percent of the country remained in negative equity compared with 10.8 percent in the Denver area.

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Alaris Properties, LLC