The stats are in, another banner year for Colorado real estate values. The Denver Metro MLS, the largest MLS in the state reported 8.31% appreciation in the average home price through November 2017. The average price of a single family home now stands ar $479,192.00
New construction starts are anticipated to be 13,000 in 2018. Based upon demand the area could absorb 16,000 homes, so we will still see price appreciation pressure and lack of supply.