According to the latest S&P/Case-Shiller Home Price Index Denver is tied with San Francisco for year-over year home-resale price. Denver, as well as San Francisco, rose to 10.7% in the past 12 months which is twice the national gain. In the past half year, metro Denver had the biggest one-year gains out of 20 major US markets for single detached family homes.
Denver’s Case-Shiller home price index reached an all-time high of 172.82 in August. This means that local home resale prices averaged 72.82% higher than they were in the benchmark month of January 2000. Yet, Denver homes are still less expensive on average than San Francisco homes.