Boulder ranks 10th among metros nationwide for home-price appreciation

Posted by DB Wilson on Monday, July 2nd, 2012 at 4:37pm.

Boulder County’s home prices are gaining ground again, appreciating 2.35 percent year-over-year in the first quarter of 2012 and climbing a modest 0.04 percent over the fourth quarter of 2011. But that was enough to get Boulder ranked 10th – the highest of any Colorado city – out of 303 metropolitan statistical areas by the Federal Housing Finance Authority.


It was followed closely by Fort Collins-Loveland, which was ranked 11th with a 2.28 percent appreciation rate for the year and a 0.25 percent drop in home prices compared with the fourth quarter of 2011.


As a whole, Colorado’s home prices increased just 0.61 percent year-over-year in the first quarter of 2012 but decreased 0.64 percent compared with the fourth quarter of 2011. Nationally the state ranked 38th out of 51.


None of Colorado’s seven metros’ appreciation rate landed it in the bottom 20; Grand Junction’s was the lowest at 272nd and Pueblo’s was 227th.


Joplin, Missouri, which was virtually leveled by tornadoes last year, had the highest appreciation rate of 4.93 percent compared with a year ago, and a 0.84 percent increase in home prices since the fourth quarter of 2011.


Here’s a look at how Colorado and its seven metros’ home prices ranked compared with the rest of the nation:

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