The average condo price in Metro Denver declined 4% between 2006 and 2007: from $187K to $180K. Homes dropped 3% in that time period. Looking just at the first two months of 2009 vs. the same time period in 2008, the price dropped 17%: from $170K to $141K. Homes dropped a similar amount in that time period. These numbers will be slightly different than Metrolist, as they are just Denver Metro and don’t include outlying areas like Fort Collins, Colorado Springs, or Boulder.
Source: Your Castle Real Estate analysis, MLS data

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