Own a Home in Denver? It’s Probably Losing Value

Home prices and values are dropping across Denver, according to real estate reports, with the latest data showing the Mile High metro leads the country in another scary statistic.

Denver home values dropped 2.2 percent from February 2025 to February 2026, the steepest slide of any metro in the country, according to the S&P Cotality Case-Shiller Price Index, a monthly barometer for real estate professionals. Denver’s fall is worse than those of Tampa (2.1 percent), Seattle (2 percent), Phoenix (1.8 percent) and eight other metros. It’s also far from the national average of change in home value, which went up 0.7 percent on an annual basis in February.

According to experts at S&P, the housing market downfall originated in the Sunbelt region, which roughly extends from central California to Virginia, but declining prices are starting to creep beyond that. Colorado is just outside the Sunbelt, and the state’s rough housing market has been widely covered for over a year now…

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