The average price of a home that sold in April in metro Denver climbed to $439,161, up 3.41 percent from the month prior and up 10.53 percent year over year – reaching a new record high. That's according to new figures from the Denver Metro Association of REALTORS. “It now appears that we are entering a ‘high plateau’ as prices will continue a gradual leveling,” adds Danyliw. “Part of the reasoning for the high plateau is the dramatic increase in the prices of low-end properties. The condo market showed a 6.37 percent decrease in sales from the previous month, while average and median sales prices rose to $318,478 and $270,000 respectively.

Source: Forbes May 03, 2017 18:56 UTC