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  • Amanda Nishi

Denver Market Snapshot- January 2020

Updated: Jan 14, 2020

What's the latest with the Denver real estate market and what does that mean for you?


Home Prices Mellow Out

The median home price in the Metro area sits currently at $431,790, which is an increase of 1.7% from the previous year. After a decade of astronomical growth, Zillow is projecting that prices will grow only about 1.4%, meaning home buyers on the fence about looking at homes are in a prime time to do so.


Tip:

The strong job market in Denver makes purchasing a home here a great opportunity to grow equity, edging out renting as the better option. We're slowly edging out of a seller's market, meaning a smaller opportunity for bidding wars and more negotiating power for buyers.







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