Comment on Home prices starting to fall in metro Denver, even though mortgage rates are lower

Home prices starting to fall in metro Denver, even though mortgage rates are lower

Leaves are holding tight to the trees this autumn along the Front Range, but home prices have started tumbling despite more-favorable mortgage rates for buyers, according to a monthly update from the Denver Metro Association of Realtors. The median price of a single-family or “detached” home sold in metro Denver last month was $630,000, down 3.11% from August and 1.56% from September 2023.

 

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