Denver Home Prices Increase

Daily Real Estate News | July 23, 2009 | Share

Home Prices Increase in 22 Metro Areas
The 2.1 percent average rise in home prices in 22 out of 25 metropolitan statistical areas (MSAs) from April to May suggests that recovery could be at hand in many areas, says Radar Logic, a real estate data and analytics company.

"This is in stark contrast to the same period during 2008, when a decrease in the velocity of home price depreciation gave way to the worst loss in housing value in recent history," according to the report.

The report calculates that in the key MSAs it studies, prices have fallen 33.5 percent peak-to-trough and 31 percent peak-to-current.

Here are the 10 metropolitan areas where prices increased the most from April to May of this year:

1. Milwaukee, Wis., 4.9 percent
2. Charlotte, 4.7 percent
3. Boston, 4.6 percent
4. Cleveland, 4 percent
5. Washington, D.C., 3.7 percent
6. St. Louis, 3.3 percent
7. Columbus, Ohio, 3.2 percent
8. Seattle, 2.8 percent
9. Denver, 2.3 percent
10. Philadelphia, 1.8 percent

Source: Radar Logic (07/23/2009)


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Listings in Wash Park

1450 S. Humboldt St.
Currently listed for $659,00

Description:
AIR CONDITIONING-CENTRAL, BURGLAR ALARM, BALCONY, CEILING FAN, NO COVENANTS, DOUBLE PANE WINDOWS, DECK, DISPOSAL, DISHWASHER, EATING SPACE KITCHEN, FENCE(D), FIVE PIECE BATH, JET ACTION TUB, MASTER BATHROOM, MICROWAVE OVEN, PET FREE, PATIO, QUICK POSSESSION, REFRIGERATOR, REMODELED, SMOKE ALARM, SELF-CLEANING OVEN, SMOKE FREE, SPRINKLERS/LAWN, STOVE/RANGE/OVEN, UPDATED, VAULTED CEILING, WINDOW COVERINGS, WOOD FLOORS, WALK-IN CLOSETS, WALL TO WALL CARPETING

Public Remarks:
LESS THAN 2 BLKS FROM WASH PARK, BEAUTIFUL SINGLE FAMILY HOME, NOT A DUPLEX! LARGE DOUBLE LOT,MATURE LANDSCAPING, HARDWOOD ON MAIN,SS APPLIANCES, FINISHED BASEMENT, ROOM IN BASEMENT CAN BE USED AS A NON-CONFORMING 4TH BEDROOM OR OFFICE/STUDY.

Click here to visit our website for more information on this or any other Wash Park home for sale.