The housing market in Denver continues to see strong price appreciation, with values up 59.9% compared to last year. Home prices have decreased 11.7% in the past month. With 2 active listings, inventory is 100% higher than seasonal norms. Transaction volume is up 100% compared to what's typically expected this time of year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Denver market with the affordability index at 836.2. Based on current market indicators, home prices in Denver are projected to decrease by approximately 15.6% over the next month.