If you need assistance, please call 303-222-2131

How Much Has Your Home Increased in Value Over the Last Year?

Tuesday, May 1, 2018   /   by Scott Goodnight

How Much Has Your Home Increased in Value Over the Last Year?

20180501-Share-STM.jpg

Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year.

CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.

The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from February 2017 to February 2018 (the latest data available).

How Much Has Your Home Increased in Value Over the Last Year? | MyKCM

It is important to pay attention to how prices are changing in your local market. The location of your home is not the only factor that determines how much your home has appreciated over the course of the last year.

Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize.

Bottom Line

If you are planning to list your home for sale in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.

Hudson Stonegate Team | Coldwell Banker Residential Brokerage
Scott Goodnight
8501 Turnpike Drive, Ste 211
Westminster, CO 80031
303-222-2131

Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2019 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 20, 2019 10 PM. Information deemed reliable but not guaranteed by the MLS or Scott Goodnight - WinBack - Coldwell Banker Residential Brokerage - Hudson Stonegate Team.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Scott Goodnight - WinBack - Coldwell Banker Residential Brokerage - Hudson Stonegate Team are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
REcolorado® Terms and Conditions
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.