Overall, home prices across the US, remained flat, decreasing slightly at 0.9 percent, according to data released by Zillow.  The Zillow Home Value Index for the US fell from $149,500 to $148,100 year over year for May 2012.

Locally, though, things are getting a little better with home values in Boulder, Denver and Ft. Collins showing increases. 

Boulder +0.7

Ft. Collins +2.6
Denver metro +2.8

All other metro areas in Colorado showed a decline.  The Colorado Division of Housing reported that Grand Junction and Pueblo showed the largest drops from May 2011 to May 2012:

Colorado Springs -0.2
Grand Junction -3.5
Pueblo - 7.8

The home value estimate for metro areas in Colorado, according to Zillow:

Boulder Metro $307,300

Colorado Springs Metro $181,700

Denver Metro $209,700

Fort Collins Metro $219,100

Grand Junction Metro $156,200

Pueblo Metro $98,900

Read more at The Colorado Division of Housing

Posted in National News

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