Local home price appreciation rates still lagging but state holds its own

Posted by Admin . on Wednesday, January 11th, 2012 at 4:52pm.

Home prices in Colorado as a whole held their own during the third quarter of 2010, according to the Federal Housing Finance Agency, but many of its metro areas appeared farther down the rankings for home-price appreciation rates than they’re used to.

Colorado’s saw its home prices drop 0.24 percent in the third quarter from the previous year, but increased 0.60 percent over the second quarter, earning it a rank of six out of 51.

Fort Collins/Loveland was the highest-ranking of all Colorado metro areas, coming in 58 out 306 with a year-over-year decrease in home prices of 1.39 percent and an increase of 0.10 percent over the previous quarter. Boulder ranked 71, with a decrease in home prices of 1.65 percent compared with a year ago and an increase of 1.13 percent compared with the second quarter of 2011.

Grand Junction was the only Colorado metro that appeared in the bottom 25 ranking of metros nationwide at 297, though Colorado Springs and Pueblo weren’t far behind at 200 and 228, respectively.

Here’s a look at how Colorado and its metros’ home prices compared with the nation and metros across the country:


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