The median price for a home in metro Denver in July was $417,500, a 0.60 percent decrease from the previous month. (1)

And though a cooling down period may seem like a negative thing it actually increases the possibility for new buyers or buyers who want to move up. It also means that those who already own their own home can spend a little time and money on making the house a “dream home” so that when the market grows again they can see a larger return on their investment.

  1. https://www.thedenverchannel.com/lifestyle/real-estate/report-denver-housing-market-showing-signs-of-cooling

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