Denver Housing & Realestate

New and Resale Homes Broad spectrums of new housing options are available in metro Denver, ranging from executive housing to entry-level homes. Housing costs have stabilized in recent years in metro Denver. Some of the best housing values of any major metropolitan area are offered in metro Denver.

In metro Denver, 61,736 single-family homes and condominiums were placed under contract in 2006. The metro Denver median sales price of single-family homes was $259,500 in July 2006, and the average price was $290,314, according to the Denver Board of Realtors. Many communities, employers and organizations in metro Denver provide programs ranging from down payment assistance to community advocacy programs to increase the availability of affordably priced homes. For example, a coalition of metro Denver housing organizations announced the formation of the Home Ownership Transformation (HOT) Initiative. The HOT Initiative will provide counseling and access to low downpayment mortgages.