milehimodern’s Q4 2022 Quarterly + Year-End Market Report | Denver + Boulder

milehimodern has just released the Q4 2022 + Year-End Market Report. The Colorado market finally began to show signs of balance with mortgage rates peaking at 7.08% last October. When compared to 2021, the average price decreased less than 1% in the Ultra-Luxury and Luxury markets, and increased by 1.24% in the Premier market, indicating that homes are keeping their value. With decreased days on market for homes in the Ultra-Luxury and Luxury Markets, it is clear that Colorado remains one of the most desirable places to live.