Two Colorado cities were listed in the top U.S. metro areas showing the greatest year-over-year increases in home value, according to Inman News.   

Ft. Collins, ranked 6^th in the top 10 markets and has a median home value of $217,300, which is an increase of 1.3% from October 2010 to October 2011. Ft. Collins was recently awarded the honor of "America's Safest Driving City" by Allstate Insurance.

Boulder, ranked 9^th in the top 10, showing an increase of .2%, year-over-year, and a median home value of $304,000. Boulder was recently voted as Number One College Town in Livability's Top 10 College Towns for 2011.

The national average sales price of a home is $169,000.  Only four of the top 10 metro area's home values are above the national average, the lowest value for a home was in Tulsa, Okla. at $101,000.

Denver's median sales price for a home is $190,000 according to Trulia.com. Denver was recently recognized as the best housing market according to Fox Business news.  Experts predict that home sales will increase in 2012 and have judged Denver as the top city for investing and making money in the housing market.

Read the full article at Inman News.

Photo Source: Ft. Collins Government

Posted in Real Estate Trends, Real Estate Market Conditions

Comment on this article

Name

Email
Your email address will not be displayed.

Site/Url
Your URL will be displayed.

Your vote

Poor Excellent

Comment text

Options

  Line breaks become <br />

  Remember me

  Allow users to contact you through a message form.

Captcha

Please enter the characters from the image above. (case insensitive)

Captcha code