Metro Denver homeowners gained 12.8% in home value in 2015, which equaled $39.4 billion in additional equity.  Total home values in the area have raised to $347 billion, according to estimates from Zillow. 

Median home prices for metro Denver reached $318,000 in November, a 15.5 percent increase from the same month a year earlier.  "There is no arguing Denver is a top market for home value growth," said Svenja Gudell, Zillow's chief economist.

Denver has been a consistent leader for home-price appreciation, holding either the number one or two spot every month this past year on the S&P/Case-Shiller measure.

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