From 1971 to 2014 prices in Denver grew an average of 6% per year. From 2014 – 2022 average prices in Denver Real Estate increased 7.4% annually. The past two years have seen prices remain consistent. There is no expectation that costs are going to come down and most experts feel that when rates come down the pent up demand from people not making real estate moves is going to drive prices up. If you are ready to buy a home now is the time as there is more inventory on the market then in the past 10 years. Get the house you need now and when rates come down you can lock in a better rate.